Compliant Local Collections
Receive business proceeds locally
Local Onboarding｜Local Collections｜Global Payments｜Multi-Currency Exchange
VALUE
Onboard Locally. Operate Globally.
Fast Global Payments
Make payments from local account to recipients worldwide
Local E-commerce Operations
Participate in applicable platform policies as a local storefront
Flexible Fund Allocation
Manage operating funds across applicable markets and accounts
Local Operating Trust
Keep the operating entity, account name and statements aligned
Subject to compliance with local regulations and specific entry requirements, a locally registered entity may apply the local tax framework and related policies.
ACCOUNT ALIGNMENT
One Business, One Name, Everywhere.
| COMPARISON | Non-local entity account | Local entity account |
|---|---|---|
| Overview | When a Mainland China or Hong Kong entity account is used for local operations, mismatches can occur on operating entity, payee name or account statements. | A locally registered entity keeps the operating entity, account name, and statement information consistent. Ksher statements can support business and tax documentation subject to local requirements. |
| Account statements | May not align | Aligned |
| Payee / account name | May not align | Aligned |
| Operating entity | May not align | Aligned |
Non-local entity account
When a Mainland China or Hong Kong entity account is used for local operations, mismatches can occur on operating entity, payee name or account statements.
Account statementsMay not align
Payee / account nameMay not align
Operating entityMay not align
Local entity account
A locally registered entity keeps the operating entity, account name, and statement information consistent. Ksher statements can support business and tax documentation subject to local requirements.
Account statementsAligned
Payee / account nameAligned
Operating entityAligned
PAYMENT COVERAGE
Local Operations, From Collections to Payments.
Collection scenarios
- Local e-commerce proceeds in Southeast Asia
- Local sales proceeds in Southeast Asia
- Southeast Asia import-trade collections (goods trade and services trade)
- Same-name top-ups from a local corporate account
Payment scenarios
- Pay local logistics and warehousing costs in Southeast Asia
- Pay local labour and payroll costs in Southeast Asia
- Pay procurement costs for the locally registered entity
