AEC Trade Express is an international trade service from the bank for importers-exporters who have trade partners in AEC countries. Both parties need to make transactions via Bangkok Bank in Thailand and foreign branches in Cambodia, Laos, Myanmar, Vietnam, Singapore, Malaysia, Indonesia and The Philippines. Details are as follows:
- Advising Letter of Credit: Exporters will receive a notification on the same day after Bangkok Bank’s branch in the ASEAN opens the L/C to the beneficiary in Thailand.
- Export Bill under Letter of Credit and Outward Bill for Collection: Exporters will receive a notification of the document checking result and a reference number from the courier services on the same day they send the export documents to the bank.
- Opening Letter of Credit: Exporters in an ASEAN countries will receive a notification about the L/C opening on the same day the importer applies for the L/C with Bangkok Bank in Thailand.
- Import Bill under Letter of Credit and Inward Bill for Collection: Importers will receive a notification of the document arrival on the same day that Bangkok Bank in Thailand receives the bill from a Bangkok Bank branch in another ASEAN* country. Once they have received the notification, importers can take the documents to pick up the goods from the freight forwarders.