To empower our partners with greater financial flexibility and seamless business growth, ChillPay is proud to announce a significant service upgrade. We are improving our Settlement Cycle to T+1, covering nearly all bank accounts in Thailand, to ensure your business maintains optimal cash flow without interruption.
Elevating Speed for Better Liquidity
While our T+1 settlement was previously limited to certain partners, ChillPay has now expanded this capability to include the majority of leading banks. Merchants will now receive their funds within one business day (T+1). This reduction from the previous T+2 cycle allows you to reinvest and manage your working capital more rapidly.
Summary of Payout Schedule by Bank (Effective Dec 25, 2025)
| Bank Name | Previous Cycle | New Cycle |
| KASIKORNBANK (KBank) | T+1 | T+1 (Unchanged) |
| Bangkok Bank | T+2 | T+1 |
| Krungthai Bank | T+2 | T+1 |
| TMBThanachart Bank (ttb) | T+2 | T+1 |
| Siam Commercial Bank (SCB) | T+2 | T+1 |
| Citibank N.A. (Bangkok Branch) | T+2 | T+1 |
| Sumitomo Mitsui Banking Corporation | T+2 | T+1 |
| Standard Chartered Bank (Thai) | T+2 | T+1 |
| CIMB Thai Bank | T+2 | T+1 |
| United Overseas Bank (UOB) | T+2 | T+1 |
| Bank of Ayudhya (Krungsri) | T+2 | T+1 |
| Indian Overseas Bank | T+2 | T+1 |
| Government Savings Bank | T+2 | T+1 |
| HSBC (Bangkok Branch) | T+2 | T+1 |
| Deutsche Bank (Bangkok Branch) | T+2 | T+1 |
| Government Housing Bank | T+2 | T+1 |
| Bank for Agriculture and Agricultural Cooperatives (BAAC) | T+2 | T+1 |
| Mizuho Bank (Bangkok Branch) | T+2 | T+1 |
| BNP Paribas (Bangkok Branch) | T+2 | T+1 |
| Bank of China (Thai) | T+2 | T+1 |
| Islamic Bank of Thailand | T+2 | T+1 |
| TISCO Bank | T+2 | T+1 |
| Kiatnakin Phatra Bank | T+2 | T+1 |
| ICBC (Thai) | T+2 | T+1 |
| Thai Credit Bank | T+2 | T+1 |
| Land and Houses Bank | T+2 | T+1 |
| SME Development Bank of Thailand (SME D Bank) | T+2 | T+1 |
Important Notes for Financial Planning
- Effective Date: The new settlement cycle officially commences on December 25, 2025.
- Account Conditions: Please verify specific terms with your destination bank. Certain account types (e.g., fixed deposits or specific corporate accounts) may affect the time it takes for funds to reflect in your statement.
- Business Days: The T+1 calculation follows standard banking business days, excluding Saturdays, Sundays, and public holidays.
ChillPay is committed to continuously improving our services to be a part of your business success. We hope this upgrade serves as a valuable asset for your operations in the coming year.
For more information: Please contact your Account Manager or our Customer Support team during business hours.
Merry Christmas & Happy Business Growing!
The ChillPay Team
