#kamisukareview – LINE Corporation announces the launch of LINE BK, Thailand's first social banking platform. This platform connects Thailand's most popular social media platform with one of the banking leaders in the land of the White Elephant.
Through the slogan “Banking in Your Hand,” LINE BK enables customers to transfer money, open savings accounts, apply for loans, and make payments easily and conveniently from within the LINE application. This service is operated by KASIKORN LINE, a joint venture between LINE subsidiary, LINE Financial Asia and KASIKORN Vision Company Ltd, a subsidiary of KASIKORNBANK in Thailand.
Starting October 15th, LINE BK has been released on Wallet Tab within the LINE app in Thailand. From this link (https://line.me/R/fin/bk/1654084225-DVvmnY3n), users in Thailand can register to start using LINE BK and can open up to five accounts, apply for a credit card.
All of the above can be done without having to download additional applications. It also offers high interest rates for savings accounts and users can take advantage of a variety of banking services including personal loans for freelancers and individuals without permanent jobs.
LINE BK's main financial products and services
??Savings Account (Supported by KBank)😕 Without having to switch applications, customers can make all financial transactions and receive money deposit / withdrawal notifications in the LINE application. Customers can also check their account balances in real-time and no longer need to remember their account numbers to transfer funds.
Other additional features include automatic sharing of e-slips (or bank transfer receipts) between various parties, bill sharing for expenses in one group, Request-to-Pay service, and cardless cash withdrawals from KASIKORNBANK ATMs. .
??Special Interest Account (Supported by KBank): The LINE BK savings account offers an interest rate of up to 1.5% per annum. Customers can choose between 6 months and 12 months.
??Debit Card (Supported by KBank): Customers will receive a credit cashback of 0.5% from online purchases made using a LINE BK Debit Card with a VISA mark (minimum spend of 100 baht). LINE BK offers three types of debit cards:
- ???? Online Debit Card – a virtual card that customers can use directly in the LINE Debit Card Online application
- ???? Debit Card – a physical card with three different designs, each containing a LINE Friends character
- ??? Debit Card with LINE Credit – a physical debit card with overdraft protection, offering a line of credit when account funds are insufficient
?????Credit service: Customers can easily apply for personal loans anywhere, anytime, and get instant approval, at that time the funds will be available immediately. Customers with a minimum monthly income of 7,000 baht, freelancers, and those without a fixed salary and paycheck, such as small business owners, will now be able to access reliable sources of funds through the LINE BK loan service.
LINE BK customers can also enjoy various promotions and attractive offers from various LINE services and partners such as LINE MAN Wongnai, Rabbit LINE Pay, Lazada, and Agoda. Currently, KASIKORNBANK customers can use their K PLUS account to register for LINE BK easily.
KASIKORN LINE will continue to develop new services and innovations to meet financial needs and empower Thai people through simple and efficient banking services. LINE plans to expand its banking services to other countries, including Japan, Taiwan and Indonesia.