Card Benefits

For Company (Payee):

• No need for the company to receive money transfers from unknown customers
• Reduce the risk of carrying cash to deposit at the Bank, or fraud within the company
• Payments will be credited to the company’s account instantly upon receipt. Reports of payments will also be available.
• SMS notification to the company when payment transactions are complete
• More convenient with Mobile EDC

 

For Cardholder (Payer)

• Reduce the burden of carrying cash
• Check balance before using the card
• Designate a PIN for added security
• SMS notification sent to the cardholder when payment transactions are complete

How to use

• The cashier swipes the card to make a transaction based on the amount. The cardholder then enters the PIN and signs the sales slip.
• The Bank will deduct payment from the cardholder’s (payer) account and deposit it to the company’s (payee) account immediately.
• Keep the sales slip (indicating the purchase amount and transaction fee) for your records
• Once the transaction is complete, the Bank will send an SMS to both the payer and payee at the mobile number registered with the Bank to confirm the transaction.

How to apply

Qualifications

 

For Company (Merchant)

• The juristic persons that meet the conditions to be the participating merchants
   

For Cardholder

• Individuals 20 years old and over
• Juristic persons registered with the Ministry of Commerce
   

Required Documents

 

Individuals

• Citizen ID card
• Copy of the passbook (if money is to be deducted from savings account) or a copy of the cheque book (if deducted from current account)
   

Juristic Persons

• Registration Certificate issued by the Ministry of Commerce (not more than one month)
• Minutes of the Board Meeting identifying the objectives to apply for a Debit Purchasing Card; the delegates to contact with the Bank; numbers of cards requested; list the delegates as card holders; and the maximum limit for card spending per time per day for each cardholder
• Citizen ID card of the authorized persons who can act on behalf of the company, the delegates assigned to contact the Bank and those assigned as cardholders
• Copy of the passbook (if money is to be deducted from a savings account) or a copy of the cheque book (if deducted from a current account)

Fees

• Transaction Fee: 20 baht/transaction
• Card Fees:
  • Entrance Fee: 100 baht
  • Annual Fee: 200 baht
  • Card Replacement Fee: 100 baht