Bangkok Bank targets juristic persons for electronic transfer service
BANGKOK BANK is inviting juristic persons to register for BizPromptPay, an alternative for receiving and transferring money electronically using a tax ID number or juristic person registration number instead of a bank account number.
This alternative will allow business operators to perform financial transactions with partners, including government agencies and private businesses, conveniently and securely while reducing constraints of cash handling and delays in receiving funds from cheques.
In addition, businesses can also check for information on individual money transfers and other details through Bangkok Bank’s cash management services, including BIZ iBanking and Corporate iCash, which enable transfer of funds with lower fees.
Bangkok Bank says it wants to help businesses keep pace with global trends and be ready for the digital economy. Juristic persons who want to apply for BizPromptPay are required to prepare documents including a registration form, the company’s registration certificate, the identification card of the company’s authorising director, and the identification card of the corporate income taxpayer. BizPromptPay registration can take place at any Bangkok Bank branch.
