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homenavigate_nextMedianavigate_nextOur Newsnavigate_nextACLEDA Bank Lao Announces Series Digital Products Encouraging Social Distancing and Reducing Crowdedness

ACLEDA Bank Lao Announces Series Digital Products Encouraging Social Distancing and Reducing Crowdedness

April 2, 2020

The electronic and digital banking products in the banking sector play important role during the technology era and the outbreak of CoViD19. The digital banking helps the businesses to easily transfer and do the related transactions of own bank accounts. Some of the regular transfers can also be automated, so teal's customers are able to use their valuable time on something more.

ACEDA Bank Lao Ltd. 'ABL', the Bank you can trust the Bank for the people and vision to be the leading SME bank in the Lao PDR, announces subsequently in the Bank's Facebook page and website the series of electronic and digital banking products and services for customers and the public such as 56 ATMs in 15 provinces-town, Lao ATM Pool Switch "LAPS", Card-less withdrawing money via ATM, and Mobile-App ACLEDA ThanChai, etc. During the Covid-19 outbreak, ABL's digital services would serve as the key tools for all customers to maintain social distancing and reduce crowdedness.

ATMs of ACLEDA Bank Lao process with fast speed for customers transacting and withdrawing cash efficiently. With the LAPS, ABL would welcome and allow the card holders of other banks to make cash withdrawal and check balance or balance inquiry through all ATMs of ACLEDA Bank Lao. The new service named "Card-less Withdrawal Money via ATM" allows all customers to be able withdrawing money through ATM without using ATM's card. ABL is the first Bank in the Lao PDR who provides the Card-less withdrawal money through ATM using OTP (One-Time Password) code.

Currently, nearly 50,000 customers have used advance technology Mobile-App. ACLEDA ThanChai for QR payment, Money transfer, Bill payment (Nampapa, LTC, ...), Phone top-up (LTC, ETL, ...), Check account balance, exchange rate, and related information and available soon the coming services' facility including internet bill payment, more mobile top-up and other bill payments.

In addition, the customers can visit the ABL's offices, 38 branches and offices in the Lao PDR, for credit services or apply through call center "1800", Facebook page "ACLEDA Bank Lao Ltd." or website "" forth quick SME loan, SME credit, medium size and larger business scale up to LAK 20 billion or USD 2.3 billion per customer based on appropriated profile.

Celebrating the years 12th of operation in the Lao PDR, ACLEDA Bank Lao Ltd. is recognized as No.1 commercial bank contributing Laotian employment in the sector and the 1st Bank in the Laos providing the Card-less withdrawal money via ATM with OTP. The Mobile App. "ACLEDA ThanChai" enables customers to undertake transactions Anyday, Anytime, Anywhere 'AAA'. Regionally, ACLEDA Group comprises ACLEDA Bank Plc. founded since 1993 and subsidiaries operating in Cambodia, Laos and Myanmar with total assets over USD 6 Billion, 314 branches-offices, 683 ATMs, serving millions' customers and remittance service worldwide.

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