1. The merchant must be registered with the Ministry of Commerce as a juristic entity - a company 
         or partnership for at least 12 months.
     2. The merchant’s business must not breach any laws, moral conduct, or conflict with the bank’s 
         image.
     3. The merchant must be registered to pay value-added tax with the Revenue Department. 
     4. Persons authorized to co-sign the agreement and withdraw money from the deposit account must
         be of Thai nationality. 
         At least one signatory must live in Thailand and be authorized as indicated in the company’s
         Articles of Association.The merchant’s registered capital must be at least 1,000,000 baht.
     5. The merchant must have a current or savings deposit account under its corporate name at
         Bangkok Bank.

Please submit all required documents to the Bangkok Bank branch where you have an account that will receive funds from Merchant iPay.    

     1. Credit Card Merchant Contract signed by authorized person (the contract is available from any
         Bangkok Bank branch)
     2. Copy of document confirming registration as a juristic entity.
     3. Copy of value-added tax registration.
     4. A resolution from the company's Board of Directors confirming the company's application for the 
         Merchant iPay service (printed on company letterhead - an example Board of Directors'
         resolution is provided).
     5. Copy of Thai citizen identification card and copy of house registration papers for the authorized 
         signatory directors.
     6. Copy of the company’s bank statement with records for the past six months.
     7. Copy of document of ownership, or a lease contract for the company’s place of business.
     8. Company profile for new customers.

Bangkok Bank’s online payment service means that your customers’ payments can be verified online immediately. After the payments have been verified, you will receive your funds within one day of the settlement date.

Our security standards enable you to set your own maximum level for transactions. Bualuang iPay also provides you with a list of high risk countries so you can avoid accepting payments from them.