Photo Release: Bangkok Bank launches #Online Money Transfer for Corporate service to pay benefits to Ocean Life Insurances customers nationwide

Stocks and Financial Services Press Releases Monday March 26, 2018 11:24
Bangkok--26 Mar--Bangkok Bank

Bangkok Bank Senior Executive Vice President Virasak Sutanthavibul (5th from right) and Ocean Life Insurance President Nusara (Assakul) Banyatpiyaphod (5th from left) launched 'Online Money Transfer for Corporate', a new service to allow businesses or juristic persons (transferor) to transfer funds to individual recipients in a fast and convenient way. The recipient does not need to have a Bangkok Bank saving account and can receive cash with no service charge by presenting their Citizen ID card and reference number at any of more than 1,000 bank branches nationwide. Ocean Life Insurance is the first insurance company to provide the 'Online Money Transfer for Corporate' service to its nationwide policy holders who will be able to receive benefits via a fast and convenient service which is available every day. The maximum fund transfer is up to 200,000 baht per transaction and the system takes effect from March 20, 2018.


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