Innovating Cross-Border Payments First Time in Laos for Visa B2B

📣📣Innovating Cross-Border Payments First Time in Laos📣📣📣

📍 BIC Bank is the first Bank in Lao PDR to adopt Visa B2B Connect, an innovative international payments product in collaboration with Visa International.
📍 Visa B2B Connect enables transparent coss-border payments for businesses without the intervention of an intermediary bank.
📍 By leveraging on Visa’s expertise we are now able to deliver an innovative B2B cross-border payments system both fast and efficient.

📍 Salient features of Visa B2B Connect;

 [FAST]
👉 Funds remitted directly to beneficiary banks; no intermediary banks unlike conventional SWIFT Network
👉 Beneficiary receives funds in full within 24 hours*
👉 Multi currencies – more than 100 approved countries globally

 [EASY TRACKING] End-to-End visibility
👉 Notification upon receipt of funds – movement of funds are accurate and predictable
👉 Real time tracking of funds

 [SECURE] Visa International security technology
👉 Closed network only member bank participants
👉 Fraud protection – accounts are tokenized with unique digital identities

💥 For our Corporate Clients;
• Cross-border payments can be transacted confidently within a predictable timescale
• Increased transparency and clarity of transaction flow; helps manage cash flows and streamline settlement.
• Visa B2B Connect reduces the number of correspondent transfers which translates to cost-effectiveness, full value delivery to beneficiary bank.

#BIC Bank Innovating Cross-Border Payments

*Subject to Compliance Clearance and cut off times.
All other Terms and Conditions apply

ສອບຖາມຂໍ້ມູນເພີ່ມເຕີມ: https://wa.link/sj828r
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