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POS Terminal
 

ICBC (Thai) POS Terminal's key features

  • IP system of internet (LAN), cost saving and stable
  • Via Sim Card, an operation on Wi-fi system – cost saving and stable
  • Accept VISA, UnionPay, MasterCard,Dual-branded card, TPN and Thai Standard
  • Accept transaction of both magnetic card / magnetic-chip card and contactless feature including WeChat/AliPay Payment Acceptance. 
  • Able to accept the installment plan
  • Support in English, Thai and Chinese language

Benefits to merchants

  • Multiple precise advertise channels and promotions ,increase sales volume to merchant
  • More payment channel, more purchasing power
  • Low risk of cash handling
  • To attract Chinese tourists for spending by card and WeChat/AliPay
  • Free of charge for installation, rental fee and deposit fee

Highlighted Features

  • Automatically settlement at the end of day is a convenience system, no need to manual settlement
  • The money will be transferred in next day ,no matter the next day is weekend or public holidays
  • Bank will send merchant transaction daily report by email
  • Easy to use POS function

Merchant’s Qualifications

  • Legally business and registered merchant
  • No any fraud record
  • Minimum sales volume at THB100,000/month
  • Sublease purpose is not permitted

Conditions

  • Merchants have to open saving or current account with ICBC(Thai)
  • If there are no any transaction within 6 consecutive months via ICBC(Thai)’s terminal, the Bank reserves the right to terminate the service to merchant
  • Promoted acrylic sign for ICBC(Thai) POS is prohibited to use in other objectives

Document required for Juristic Person

  • Copy of Affidavit issued not longer than 6 months
  • Copy of Memorandum and Articles of Association
  • Copy of ID of the authorized persons
  • Letter of proxy for withholding tax with signature of authorized person and witness
  • Copy of VAT certification (Por Por 20)
  • Copy of ICBC(Thai) bank account
  • Copy of last 4 months of bank statement of cash flow (any banks)
  • Copy of Lease Contract (case of rental) (if have)
  • Picture of merchant's outlet and map

    How to apply

  • ICBC (Thai)’s branches

    More information

  • ICBC (Thai) Call Center  02-629-5588

Forms for merchant

(2023-07-10)
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