Terms and Conditions
Indicate “KASITHBK” everytime when you want to receive an inward money transfer and fill out your personal information on the Global Inward Form (as reference information)
before submitting that information to the sender in a foreign country to indicate the destination of the inward remittance to your account.
- For inward remittances of at least USD 50,000 or the equivalent in other currencies, the recipient is required to submit the following documents:
- Foreign Exchange Transaction form
- Other relevant documents depending on the purpose of the funds transfer. You can submit these documents at any KBank branch or Corporate & SME Service Center nationwide.
- For receipt of inward remittances without having a KBank deposit account, the recipient must accept it as a cashier’s cheque at a KBank branch by presenting the following documents: Identification documents: National ID card or passport (for foreign nationals)
- In case that other relevant documents are required. You can submit these document within 10 business days at any KBank branch or Corporate & SME Service Center nationwide. KBank reserves the right to hold the fund until the documents are delivered and to transfer the fund back to the Sender Bank if the documents are not delivered within 10 business days.