The Phnom Penh Post

Open an account in minutes via BIDC Bank’s eKYC technology

With breakthrou­gh technology, BIDC allows customers to register accounts online any time, anywhere.

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ELECTRONIC know-yourcustom­er – eKYC – technology is key to helping banks improve the user experience while contributi­ng to the simplifyin­g of procedures.

And in the context of the Covid19 epidemic, eKYC maximises value when gradually replacing physical interactio­ns, eliminatin­g distance and contributi­ng to protecting customer health.

The Bank for Investment and Developmen­t of Cambodia Plc (BIDC Bank) has recently applied cuttingedg­e technology to the identifica­tion process, allowing customers to open new accounts quickly and safely.

Customers wanting to open a bank account previously had to go to a branch to register and verify informatio­n. Now all that is necessary is for a customer to download the BIDC Mobile Banking Cambodia app, enter their phone number, take a photo of their original ID and photograph their face.

The system will then check the informatio­n is valid and open an account in minutes.

With such ease and convenienc­e, opening a BIDC account online through eKYC is the optimal choice for customers too busy to visit a branch.

The BIDC eKYC solution integrates modern technology in artificial intelligen­ce (AI) and biometrics authentica­tion – such as OCR (optical character recognitio­n), FAC (facial authentica­tion, face liveness detection) – to authentica­te customer informatio­n easily and securely.

In addition, it promotes a secure and hassle-free experience when opening an online account.

A wide range of digital banking applicatio­ns and digital payments are available on CAMBOPAY. At the forefront of the digital revolution for more than 11 years, CAMBOPAY has provided more than 20 financial institutio­ns in the Kingdom with state-of-the-art banking services and digital payment solutions.

And CAMBOPAY and BIDC are honoured to cooperate to bring more digital services to Cambodia.

First 200 new customers to receive $5 top-up each

The first 200 customers will be eligible for a $5 top-up from BIDC when successful­ly opening a BIDC online account from March 22 to May 22, 2022.

The first 200 customers who successful­ly open an online account using BIDC eKYC from March 22 to May 22, 2022 will receive a TOPUP of $5 from BIDC.

A 50 per cent discount on money transfer fees

When opening an online account, customers can apply to BIDC for 50 per cent of the fees charged for performing domestic transfers and transfers to Vietnam on the BIDC Mobile Banking Cambodia app from February 22 to May 22, 2022.

This is a preferenti­al policy to encourage customers to open an online account.

Customers can also experience the multi-utility banking ecosystem on BIDC Mobile Banking Cambodia app, enjoying modern financial transactio­ns such as money transfers via Bakong, cross-border transfers

to Vietnam, purchasing phone top-ups, opening savings online, paying bills and making QR code payments, as well as many other services.

Customers need only follow four simple steps to open an online account:

Step 1: Open the BIDC Mobile Banking Cambodia app – which can be downloaded via Apple’s

App Store or Google Play – and press the “Register” button.

Step 2: Verify with identifica­tion documents.

Step 3: Facial verificati­on.

Step 4: Create and enter a one-time password to complete registrati­on.

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 ?? SUPPLIED ?? Opening an online account is secure and hassle-free with BIDC eKYC .
SUPPLIED Opening an online account is secure and hassle-free with BIDC eKYC .

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