Service Details

Procedure of K-Trade Connect

• ● The maker will prepare international trade transactions within the K-Trade Connect system, which will be sent to an authorizer at your company according to established procedures
• ● The authorizer checks the detail of the transactions and supporting documents, then enabling either approves each individual transaction or several transactions at the same time
• ● The bank notifies you via email of the transaction results, as well as sends receipts and other documents (SWIFT Messages such as MT700 and MT103)

Service Hours

• ● K-Trade Connect is available 24 hours a day, and the bank will process all transaction inquiries arriving between 8:30 a.m. - 3:30 p.m. on the same day. Any transaction inquires made outside that period will be processed on the following business day
• ● Customers can retrieve records of previous transactions and other general information via K-Trade Connect 24 hours a day

Fees

• ● Entrance Fee 3,000 baht
• ● Annual Fee 2,000 baht

How to Apply

Qualifications

• ● The applicant is required to open a deposit account in Baht or foreign currency with the bank
• ● The applicant is required to present documents that comply with Bank of Thailand regulations
• ● New customers are required to present commercial registration certificates with their application forms
• ● The applicant is required to enter into an Instruction Transmission Agreement with the bank in addition to the application for K-Trade Connect. Applicants wishing to open an import L/C must have a credit line with the bank

Required Documents

• ● K-Trade Connect application form
• ● Certified copy of Commercial registration certificate (Not more than 3 months)
• ● Certified copy of ID card or passport of every level user
• ● Certified copy of ID card or passport of the authorized signatory who is specified in the Commercial registration certificate
• ● Letter of Power of Attorney (In case the Authorized User is not specified in the Commercial registration certificate)

Required Document for Change in K-Trade Connect Service

• ● Application For Change in K-Trade Connect
• ● Certified copy of Commercial registration certificate (Not more than 3 months)
• ● Certified copy of ID card or passport of user
• ● Certified copy of ID card or passport of the authorized signatory who is specified in the Commercial registration certificate
• ● Letter of Power of Attorney (In case the Authorized User is not specified in the Commercial registration certificate)

How to Apply

1. ● Fill in the K-Trade Connect application form, indicating usernames and approval procedures
2. ● Submit your application form via email or by post to Relationship Manager at an International Trade Service Office
3. ● Receive approved Username / Password via email
4. ● Receive a handbook and join K-Trade Connect workshops (if required)
5. ● After applying for K-Trade Connect service, you can benefit transaction related consultation from our Trade Service Specialist

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