SCB actively caters to SME 4.0 needs, introducing striking new features on the SCB Easy App letting SMEs set groups for fund transfers for up to 100 receiving accounts and inter-bank fund transfer limits for up to 2 million baht/day for free!

Stocks and Financial Services Press Releases Thursday June 7, 2018 14:08
Bangkok--7 Jun--Siam Commercial Bank

As a leader in digital banking platform development, Siam Commercial Bank (SCB) is actively introducing a digital banking experience to make it part of consumers' everyday lifestyles. The bank's SCB Easy App is now advancing towards being everything for customers in every segment, with striking features letting SME 4.0 clients set groups for same-time fund transfers (up to 100 receiving accounts/day) with transaction timer setting in advance and a total inter-bank fund transfer limit of up to 2 million baht/day without transaction fees. There is also a cheque management feature fully responding to the needs of SME clients to conveniently and securely manage cheque receipts, transfers, and payments 24/7. The bank hopes over 2 million SCB SME clients will enjoy their SCB Easy App experience for better and more effective business management.

SCB Senior Executive Vice President and Head of SME Segment Pikun Srimahunt said that SCB places importance on financial solution developments to meet customer expectations and respond to their needs, particularly today's generation with technology so influential in their daily lives. The bank has continuously developed the SCB Easy App as a digital banking platform relevant to the lifestyle of its seven million users in every consumer group. The SCB Easy App is now offering features to increase the flexibility of SME clients in handling financial transactions faster to address business requirements in the digital age with increased effectiveness, added convenience, and lower costs. The new features have been developed based on an in-depth study of SME pain points and requirements. SCB is confident that its SME clients will be happy with the new features letting them set group fund transfers for up to 100 receiving accounts/day in 10 receiving accounts/group, and up to 10 groups with a total inter-bank fund transfer limit up to 2 million baht/day. Users can also set timing for fund transfers in advance. All fund transfer transactions on the SCB Easy App are free, including transfers to other banks - no transaction fees are charged. The new features will help SMEs streamline and ease the hassle of fund transfers for both their employees and business partners, and lower the cost of regular fund transfers.

Another special feature of the SCB Easy App for SMEs is online cheque management for handling cheque receipts, transfers, and payments. With this cheque management feature, users can order cheque delivery, stop cheque payments, set insufficient account balance notification for cheque payments, check the status of both cheque receipts and payments up to 6 months previously, and request an official bank account statement for the previous year. There are special deals and offers from SCB and business partners to benefit SMEs in every segment.

"SCB is extending the success of our SCB Easy App from retail/individual customers to SME clients. The app's new features have been developed to ease SME pain points and avoid the hassle of fund transfers to large numbers of recipients at the end of the month. With the group fund transfer with transaction advance timer setting, SMEs can better manage their valuable time. No fees are charged, helping SMEs save significant costs from fund transfer fees. SMEs can enjoy many more beneficial services. We will actively invite our 2 million SME clients as well as new ones to take advantage of the SCB Easy App, while continuing development to support SME growth and strength in the business world in the digital age."


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