TMB strengthens its transactional banking platform by launching “TMB Free Flow Daily Account”

ข่าวเศรษฐกิจ Tuesday October 2, 2012 13:43 —PRESS RELEASE LOCAL

Bangkok--2 Oct--TMB TMB strengthens its transactional banking platformby launching “TMB Free Flow Daily Account” offering a full range of banking transactions with no fees One-of-a-kind account that connects customers to their communities by enabling quick, easy, hassle-free money transfers, payments and withdrawals with high-value for money Under it's bank-wide initiative themed "transactional banking that connects your community", TMB launches “TMB Free Flow Daily Account” providing customers the ability to make daily banking transactions without paying the nagging bank fees that they have grown accustomed to. “By opening the new ‘TMB Free Flow Daily Account’, customers will be able to make up to 10 transactions such without any costs. It is the only account of its kind available in the market. This means customers are able to use only one TMB Free Flow account to do just about any type of daily transaction, including money transfers, bill payments, mobile top-ups and withdrawals. For a typical customer, this translates into a minimum savings of about 1,800 Baht per year in fees. When compared to a typical savings account, one must have at least 200,000 Baht principal to earn 1,800 Baht from the savings interest. And for those who regularly make inter-province transfers, the savings will be even greater. The conditions are simple; transactions can be made over ATMs, Internet Banking, M-Banking and Phone Banking channels and customers simply need to have a one-time credit of 15,000 Baht passing through their account per month” added Ms Kanchana Rojvatanyu, TMB Head of Retail Marketing. TMB Free Flow Daily Account is best optimised when used in conjunction with TMB No Limit debit card which allows unlimited withdrawals from ATMs of any bank nationwide free of charge. Customers will also be able to conveniently keep track of their banking transactions through TMB SMS notification. "We understand that people are making more and more financial transactions everyday within their community whether it is with their telephone, electricity, and credit card companies, or even money transfers to friends, family and trading partners. We feel that the customer experience of making these daily banking transactions can be improved upon. TMB is determined to Make THE Difference for all segments of customers through our bank wide initiative of 'Transactional banking that connects your community' providing all of our customers with transactional banking facilities that are hassle-free, quick, easy, with greater value-for-money” stated Mr. Bernard Couke, TMB Chief Retail Banking Officer. “TMB continuously strives to understand our customers’ real needs and the pain they face when making banking transactions. Make THE Difference means constantly challenging the status quo to provide innovative products and services that gives customers improved real benefits above and beyond what they are accustomed to in the Thai banking industry. TMB Free Flow Daily Account is the latest of many new initiatives designed to empower our customers. Recently, TMB provided customers with improved mechanisms by which they could optimise their deposit accounts by segmenting deposit products into two categories; “Puea Chai” an account geared for transactional purposes and “Puea Aom” a savings account that focuses on managing excess money. When opening a new account, a branch representative will guide each customer through selecting the most suitable deposit product for their needs. “With our transactional banking products and services that are designed based on customers’ insights and real needs, TMB’ s ‘transactional banking that connects your community’ initiative, is empowering our customers to Make THE Difference.”

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