Siam Commercial Bank PCL (SCB), in collaboration with Thailand Securities Depository (TSD) and The Siam Cement PCL (SCC), has developed an e-Dividend solution which has garnered three prestigious international awards:
The e-Dividend solution integrates digital technology with cash management services to streamline dividend and interest payments for SCC shareholders. This innovation reduces complexity, enhances operational efficiency, aligning with sustainable business practices. It reflects SCB's commitment to delivering sustainable returns to stakeholders through digital innovation and services under its "Digital Bank with Human Touch" strategy.
Key executives announcing this success include:
The e-Dividend service is an electronic fund transfer service, which runs on the BAHTNET system for transactions over two million baht and the Smart Credit system for other transactions. It allows payments to any bank account for the full amount and employs a secure online file transfer protocol (FTP) that meets ISO20022 standards, along with transaction fee calculation and reporting services.
SCB WEALTH has achieved outstanding success, reinforcing its excellence in all wealth management solutions. Most recently, it won two major awards on the world stage: "Best Domestic Private Bank Digital Innovation and Services" and "Highly Commended Domestic Private Bank CIO Office," which SCB WEALTH has received for three consecutive years. Mr. Soros Treerattanaroj, SVP, Investment Business and Platform Management at Siam Commercial Bank, represented the bank in receiving the awards at the
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