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Krungsri is the first bank in Thailand to introduce e-KYC technology.

Bank of Ayudhya (Krungsri) is the first bank in Thailand to introduce facial recognition called, “The electronic Know Your Customer (e-KYC) technology”, which is used for identity verification when opening bank accounts. The e-KYC technology enables an upgrade of the bank's verification process and accuracy, raising it to be in line with international standards. The e-KYC technology will be used to verify whether the cardholder's face matches the photo on his / her citizen ID card when presented, the the Krungsri staff will use the comparison result to consider opening a passbook account for the client.

 

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