SCB Outward Remittance

Service Features
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Benefits
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Service Features

SCB offers secure SWIFT transfers to overseas beneficiaries for payment of goods and services as your instructed.

The service includes four advanced features that are completely free:— pre-registered beneficiaries’ accounts, tracking, alerts, and tax management. These value-added services make every transaction more convenient; whether local or international, you can be confident that the funds will be credited to your transferees’ accounts timely.

SCB Secured Outward Remittance
Beneficiaries' accounts will be pre-registered with SCB to avoid inaccurate account transfers.

More Secure
Avoiding fraudulent scams that may remit funds to the wrong account.
Auto Notification
Notifies you as soon as the transferee's account is discovered to be incorrect.

SCB Cross Border Payment Tracking
Where is the money going? The SCB website allows you to easily track your transfer progress.

Easy Tracking
The status of remittances can be tracked in real-time until the funds are credited to the transferee's account. (In the event that the beneficiary bank is a SWIFT gpi member.)
Plan Your Business
Aids in the planning of a business and instantly performs ongoing transactions.

SCB Trade Transaction Notification

Alerts by Auto
Keep track of the status of your trade transactions by receiving email notifications with attachments as soon as the transaction is completed.
Work-saving
Save money and time by not having to pick up the documents at the bank.

SCB Trade Withholding Tax Submission Service

Increased Business Efficiency
Reduce the time you spend on tax preparation, giving you more time to focus on your core business.
Convenience
SCB prepares tax filing documents, and you will receive an email with a copy of a summary report on the 5th of the month following.

SCB Secured Outward Remittance
Beneficiaries' accounts will be pre-registered with SCB to avoid inaccurate account transfers.

More Secure
Avoiding fraudulent scams that may remit funds to the wrong account.
Auto Notification
Notifies you as soon as the transferee's account is discovered to be incorrect.

SCB Cross Border Payment Tracking
Where is the money going? The SCB website allows you to easily track your transfer progress.

Easy Tracking
The status of remittances can be tracked in real-time until the funds are credited to the transferee's account. (In the event that the beneficiary bank is a SWIFT gpi member.)
Plan Your Business
Aids in the planning of a business and instantly performs ongoing transactions.

SCB Trade Transaction Notification

Alerts by Auto
Keep track of the status of your trade transactions by receiving email notifications with attachments as soon as the transaction is completed.
Work-saving
Save money and time by not having to pick up the documents at the bank.

SCB Trade Withholding Tax Submission Service

Increased Business Efficiency
Reduce the time you spend on tax preparation, giving you more time to focus on your core business.
Convenience
SCB prepares tax filing documents, and you will receive an email with a copy of a summary report on the 5th of the month following.

SCB Secured Outward Remittance
Beneficiaries' accounts will be pre-registered with SCB to avoid inaccurate account transfers.

More Secure
Avoiding fraudulent scams that may remit funds to the wrong account.
Auto Notification
Notifies you as soon as the transferee's account is discovered to be incorrect.

SCB Cross Border Payment Tracking
Where is the money going? The SCB website allows you to easily track your transfer progress.

Easy Tracking
The status of remittances can be tracked in real-time until the funds are credited to the transferee's account. (In the event that the beneficiary bank is a SWIFT gpi member.)
Plan Your Business
Aids in the planning of a business and instantly performs ongoing transactions.

SCB Trade Transaction Notification

Alerts by Auto
Keep track of the status of your trade transactions by receiving email notifications with attachments as soon as the transaction is completed.
Work-saving
Save money and time by not having to pick up the documents at the bank.

SCB Trade Withholding Tax Submission Service

Increased Business Efficiency
Reduce the time you spend on tax preparation, giving you more time to focus on your core business.
Convenience
SCB prepares tax filing documents, and you will receive an email with a copy of a summary report on the 5th of the month following.

Remit funds in a few simple steps from anywhere at any time by using our internet banking — SCB Business Net or SCB Business Anywhere — or by submitting a request at an SCB international trade service center or an SCB branch near you.

Multiple payments can be effortlessly remitted online in a single order (bulk) using SCB Business Net.

Available in 19 major currencies: 1

AUD

CAD

CHF

CNY

DKK

EUR

GBP

HKD

IDR

INR

JPY

MYR

NOK

NZD

SEK

SGD

THB

USD

VND

Remark:

1 SCB Business Anywhere accepts transactions in 18 major currencies, except for VND.

Illustration

Benefits

Work-saving

This method is more cost-effective if compared to other modes of payment.
Remitting funds through our internet banking platforms save you time and travel expenses because no physical documents are required.

High Adaptability

Enjoy the flexibility of payment schedules, which gives you more freedom to obtain the best exchange rates.

Secure

You are safe from cybercriminals using fraudulent emails to trick you into remitting funds to their accounts. 2

Simple Tracking

You can track the remitting status until the funds are credited to your beneficiaries' accounts. 3

Alerts by Auto

As soon as SCB completes the remittance, the transferor (importer) will receive an email with a copy of MT103 and a receipt. 4
The transferee (exporter) will be emailed a copy of MT103 (in case the transferor has specified in the request form).