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ICBC (Thai)'s WeChat / Alipay key features
User’s friendly with less process and smart tool.
Support stable/speedy internet communication, such as Wi-fi, SIM etc.
Accept all types of credit /debit cards that issued by Banks in China.
Not necessary to exchange from Chinese ¥ to Thai Baht ฿.
Support by paper or digital sales slip as evidence.
Benefits to merchants
Multiple precise advertise channels and promotions, increase sales volume to merchant.
More payment channel, more purchasing power.
To get Thai Baht as same as product or service pricing.
Low risk of cash handling.
To attract Chinese tourists for spending via WeChat / Alipay Application.
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 after deduct service rate and VAT will be transferred in next day ,no matter the next day is weekend or public holidays.
Merchant daily report by email or platform downloading.
Merchant’s Qualifications
Legally business and registered merchant.
No any fraud record.
Minimum sales volume at THB200,000/month.
Can apply in both Juristic person and individual.
Sublease purpose is not permitted.
Conditions
Merchants have to open saving or current deposit 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 sign for ICBC(Thai) WeChat / Alipay is prohibited to use in other objectives.
Document required for Juristic Person
√ Copy of Affidavit issued not longer than 6 months
√ Copy of ID of the authorized persons or Copy of Passport and Work Permit in case of foreigner 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
Document required for Individual
√ Copy of Commercial registration issued no longer than 6 months or Special Business License
(ex.Thai Traditional Medicine / Permission of Tourism Business for Thailand / Medical License)
√ Copy of ID of the authorized persons or Copy of Passport and Work Permit in case of foreigner authorized
persons
√ 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 location and map
Merchants are under special conditions:
The merchant is located in Special Market (Special Market consists of the retail shop more than 30 shops in one area)
Each retail shop’s owner shall have the contract with Landlord in officially.
Each retail shop’s owner shall have individual who is Thai Nationality and International.
Document required for merchants under special conditions:
√ Copy of ID of the authorized persons or Copy of Passport and Work Permit in case of foreigner authorized
persons
√ 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 location and map
How to apply
ICBC(Thai)’s branches
More information
ICBC (Thai) call center 02-629-5588
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