Krungsri Internet Banking Laos or KIBL is a service channel that facilitates the business customers of the Bank's Vientiane Branch to undertake financial transactions by themselves conveniently through the internet system, whether using a computer to access the website or making transactions via a mobile phone platform. The system is used in 3 languages: Lao, English, and Thai; and can demonstrate the results of real-time transactions as well as up to 3-month historical transactions. Customers can transfer money to other accounts of their own and other persons within Krungsri and all other banks, make a payroll transfer within Krungsri accounts, transfer money to business partners within Krungsri accounts, make international fund transfer via SWIFT, take a look at FX rates, and authorize the approval of online transactions. Recently, 3 new services were added, including bulk transfer that allows customers to make real-time payment to as high as 200 Krungsri accounts in a single transactions, transfer of money within Krungsri accounts in advance cross currency that accommodates 3 currencies: LAK, USD, and THB, and FX advance, which facilitate customer to book the advance exchange rate from anywhere without the need to visit the branch office.
Mr. Pairote Cheunkrut, Krungsri Chief Strategy Officer, said "Krungsri is the first and only Thai bank in Laos that offers internet banking service. Customers can transfer money in the form of bulk transfer within accounts of the same bank, carry out advance transfer in cross currency, and book the foreign exchange rate used for the transfer in advance. We hope that these new services of KIBL will provide our business customers with greater convenience, and especially satisfy the needs of business customers in growing their business overseas more conveniently and seamlessly. In combination with the inauguration of China-Laos High Speed Railway connecting the Chinese city of Kunming to the Lao capital Vientiane last November, the opportunities of Thai entrepreneurs to expand their businesses into Laos become much stronger. Krungsri is ready to be a trusted partner for our business customers that offers customized advisory and financial services best fit specific customer preference in order to take their businesses to a higher level in ASEAN.
Business customers or entrepreneurs who are interested in the service of Krungsri Internet Banking Laos or KIBL can request further information from Krungsri's Relationship Manager or contacting Krungsri, Vientiane Branch, Lao PDR at Krungsri Bank Laos Facebook. Tel. 021 218777 ext. 1113 or via the website: https://www.krungsribizonline.com/KSLaos/
Source: Bank of Ayudhya
