For Customers

The Bank provides Provident Fund Registrar service to support all types of funds i.e. single funds, group funds, pooled funds, funds with multiple investment policies, and co-managed funds.

The service is available for Asset Management Companies and Brokers (as Provident Fund Management Companies).

Service Details

• Keep records of members (employees), companies, funds, member contributions and company contributions, as well as members’ benefits and companies’ contributions for each member in the form of fund amounts and units.
• Open a current account for each provident fund to facilitate payments to terminated members.
• Make payments to terminated members. In the event of membership termination, the Bank will calculate benefit entitlements and withholding tax (if any) and submit this information to the Revenue Department.
• Prepare reports such as Summary of Remaining Balance in the Provident Fund for each member including statements/invoices of the provident fund every 6-months for members and sends these to members through the fund committees.
• Notify companies of monthly contributions.
• Provide the Bualuang iProvident program for companies to prepare information about contributions, investment policy changes and information and member termination to submit to the registrar via Electronic Data Delivery Service (EDDS), which is the convenient and safe data submission channel through Bangkok Bank website.
• Provide access for fund committees and members to review fund information via Bualuang iFunds.