Service Features

• Biller/Seller can present invoices and related documents via Bangkok Bank's online platform.
• Dealer/Buyer can validate invoices and make payments instantaneously through Bangkok Bank's system debit buyer’s account and credit seller's account.
• Both parties receive payment results as well as reports, facilitating monitoring and reconciliation.

Benefits

Biller/Seller

• Save time and costs in invoice management and the collection process.
• Collect and track funds on a real-time basis.
• Easily monitor and reconcile collection reports online.
• Minimize collection risks, reduce lost cheques, and minimize human error in the collection process.
• Increase sales opportunities because the seller can receive the payment results instantly, thereby enabling seller to sell more by speeding up accounting process.

Buyer/Dealer

• Save time and costs in the payment process.
• Minimize payment risks since the payment record is safely stored in the Bank’s platform.
• Payment reports available online for easy monitoring and reconciliation.
• Reconcile easier since payments are done and confirmed instantly.