Shinhan Bank

Virtual Account

Virtual Account is corporate (company) identification number that is made by Shinhan Bank base on company customers request. Identification number to be given to its customers as account number for receiving fund of payment.

Benefit for company

Easies to reconcile customers transaction and payments
Speed up, simplify and efficiency in managing corporate account
Ensure the correctness of payment information
Transaction can be viewed and download online throught Internet Banking
Virtual Account number also can be an identity number for the customer
Fast implementation

Benefit for customers of the company

No need to have Shinhan Bank Account
Easily to make payments throught various channel :

1. Within Shinhan Bank

Overbooking from ATM
Overbooking from Branch
Overbooking from Internet Banking or Mobile Banking

2. From Other Bank

Transfer using ATM Network
Transfer using SKN/RTGS

Ease of transaction to Virtual Account Shinhan Bank

When performe the transaction, customer name and company name will be displayed. This is to ensure there is no mistake during payment.

e.g : Customer Name - Company Name

Who should use Virtual Account ?

Virtual Account fasilities can be used by various entities, as follows :

School - University
Supplier distributor
Insurance
Funding
Apartments
Automotive Dealer
E-Commerce (Fintech)
Retail Shops
Local Community

How to register Virtual Account ?

Its easy to use Shinhan Bank Virtual Account, here are the requirement :

Have a corporate Giro or Saving account as mother account (pooling account)
Have an e-mail address that must be registered for sending transaction information

Further Information

We will provide more detailed explanation if needed, please contact :

Account officer or marketing in all Shinhan Bank branch
Call Center at 1500-881 (07.00 - 22.00 GMT+7)

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