Card Type and Credit Limit

Card Type: VISA card (no supplementary card) – The company name is indicated under the cardholder name on the card.

Credit Limit:

• Interest free up to 45 day.
• Total credit limit of the company is subject to the Bank’s approval.
• Credit limit of the cardholder is subject to the company’s discretion.

Required Documents

For Company

• Company Registration Certificate certified by the Ministry of Commerce (not more than 30 days)
• Balance Sheets and Financial Statements for the past 3 years
• Memorandum of Association
• Value-added Tax Registration Certificate (Phor Por 20)
• Minutes of the Board Meeting with the agreement to arrange for the Corporate Card including a list of cardholders, card usage limit of each cardholder, and payment method
• Copy of the passbook showing the account holder’s name and account number as well as statements for the past 6 consecutive months
• Copy of the Power of Attorney to act on behalf of the company
• Letter of Consent for credit bureau checking (the signature must be the same as in the application form)

For Cardholder

• Thai Individuals

  • Copy of Citizen ID card

• Foreigners

  • Copy of valid Passport
  • Copy of valid Work Permit

Fees and Terms of Payment

Fees

• Annual Fee: 1,500 baht/card (excluding VAT)
  (Annual fee will be waived for the first year and for the following years if total card spending is 100,000 baht/year.)

Terms of Payment

• Card spending must be paid for in full by direct debit from a Bangkok Bank account within the due date.
• In case of late payment, the Bank will charge interest at the rate of 16% per year. The interest is calculated from the date the Bank makes payment to merchants/service providers when the cardholders used their credit card up until the date of complete settlement.