Kasikornbank unveiled K Virtual Account, a virtual account solution that enables SMEs and larger businesses to manage multiple receivables streams under a single master account with clear payment source identification. The service targets enterprises with multiple customers, branches, or payment channels and reduces manual reconciliation overhead. The bank plans to launch complementary A/R Matching Solution (automatic receivables reconciliation) by year-end to streamline accounts receivable workflows and financial data management in the digital era.
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