KBank’s Global Outward transfers funds to the recipient’s correspondent bank as instructed by the sender’s Global Outward application for payment of goods and/or services and/or for payment pursuant to agreement/obligation between the sender and recipient abroad. The service accommodates funds transfers in major currencies originating as cash paid and/or debit from the sender’s account. Send money anywhere, worldwide! Same day delivery! KBank Global Outward
Transcript
KBank’s Global Outward transfers funds to the recipient’s correspondent bank as instructed by the sender’s Global Outward
application for payment of goods and/or services and/or for payment pursuant to agreement/obligation between the sender
and recipient abroad. The service accommodates funds transfers in major currencies originating as cash paid and/or debit
from the sender’s account.
Send money anywhere, worldwide!
Same day delivery!KBank Global Outward
1. Outward funds transfer fee (per transaction) : 500 Baht (Five hundred Baht), paid by the sender upon
application for funds transfer.
2. Foreign bank fee (per transaction) : collected by a correspondent bank abroad: The sender or the
recipient is responsible for this fee as agreed by the two parties.
There are two types of foreign bank fee payment:
a. Collected from sender (Charge Our) : The sender and the recipient abroad agree that the
correspondent bank shall collect the fee from the sender. In addition to the fee noted in Item
1.1, the sender pays the following:
b. Collected from recipient (Charge Ben) : The sender and the recipient abroad have agreed that
the correspondent bank shall collect the fee from the recipient: The recipient receives transfer
amount less foreign bank fee.
International funds transfer fees
Payment of funds transfer fees
Japan
Eurozone
UK
US
Other
JPY
EUR
GBP
USD
Other
0.05 percent of transfer amount, minimum JPY 5,000
EUR 25 or equivalent per transaction (1,200.00 Baht)
GBP 20 or equivalent per transaction (1,200.00 Baht)
USD 40 or equivalent (800.00 Baht)
USD 40 or equivalent (800.00 Baht)
Country Currency Charge Our Fee, Per Transaction
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Codes used for outward fundstransfers
meaning
A bank and branch identifier established by the International Organization for Standardization (ISO)
for interbank funds transfers, especially internationally. SWIFT Codes which are composed of
8-11 letters and numerical digits are registered with the Society for Worldwide Interbank Financial
Telecommunication (SWIFT). KBank’s SWIFT Code is “KASITHBK”.
Countries using SWIFT codes Most countries
Currencies covered by SWIFT codes All currencies
(Society for Worldwide Interbank Financial Telecommunication)
SWIFT
A 15-30 digit code uniquely identifying deposit accounts in banks throughout the European Union.
Countries using IBAN EU and Pakistan
Currencies covered by IBAN Euro (EUR)
(International Bank Account Number)
IBAN
A nine-digit number identifying the correspondent bank abroad for funds transfers in US Dollars to
recipients with deposit accounts in the US.
Countries using FEDWIRE USA
Currencies covered by FEDWIRE US Dollar (USD)
(Federal Reserve Wire Transfer System)
FEDWIRE
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A six-digit number identifying bank branches in the UK for international funds transfers,
affording convenience in contacting the branches.
Countries using SORT Codes UK
Currencies covered by SORT Codes British Pound (GBP)
SORTCode
A six-digit identifier of bank branches in Australia for international funds transfers, affording
convenience in contacting bank branches.
Countries using BSB Australia
Currencies covered by BSB Australian Dollars (AUD)
(Bank State Branch)
BSB
An 11-digit identifier for banks and branches in India. The first four digits identify the bank and the
last six identify the branch.
Countries using IFSC Code India
Currencies covered by IFSC Code All currencies
(The Indian Financial System Code)
IFSCCode
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Example of Global OutwardApplication
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GB49NWBK55812600302023
NATIONAL WESTMINSTER
WINCHESTER OLD BANK BRANCH, 105 HIGH STREET, WINCHESTER
![[Cases] Sap - BSB](https://static.documents.pub/doc/80x56/58a3c9c31a28ab98588b532f/cases-sap-bsb.jpg)
