TPBank launches a cash withdrawal feature for businesses via the TPBank Biz app at LiveBank 24/7

TPBank launches a cash withdrawal feature for businesses via the TPBank Biz app at LiveBank 24/7

TPBank has introduced a new feature allowing corporate clients to easily withdraw up to VND 300 million per day via the TPBank Biz app at its LiveBank 24/7 network. Using only a smartphone and in-app authentication, businesses can execute cash withdrawals without a physical card, thereby enhancing flexibility in cash flow management at any time-including outside business hours, on weekends, or on public holidays.

Flexible cash withdrawals-anytime, anywhere

For small and medium-sized enterprises (SMEs), business households, and startups, the need for cash outside of standard business hours is a common operational reality. Examples include a shipment of raw materials arriving at midnight that requires immediate payment to the driver, an urgent expense arising on a public holiday, or simply a situation where a representative needs cash urgently but does not have their card with them.

In the past, corporate cash withdrawals faced numerous hurdles: ATM cards were often held by accountants for control purposes, while over-the-counter withdrawals were restricted to business hours and involved complex, manual paperwork. Such constraints could hinder payment schedules and operational flexibility.

By combining the TPBank Biz app with the extensive LiveBank 24/7 network, businesses can now withdraw cash proactively, simply, and conveniently. This service is available to corporate clients registered for TPBank Biz who utilize the "maker-checker" (dual-control) model. At a LiveBank kiosk, users simply scan a QR code and authenticate digitally to withdraw cash, with a limit of VND 80 million per transaction and a daily maximum of VND 300 million per identifier.

Sharing his experience with this new feature, Mr. Nguyen Van Hung-director of a logistics company in Hanoi-said:

"Our transport business involves container fleets operating at night and making weekend deliveries. We frequently encounter road tolls, spot bonuses, or roadside incidents that require immediate cash payments. Previously, needing cash outside office hours was a major hassle; the company card was kept by the accountant, and counter withdrawals involved time-consuming paperwork. Just the other night, I simply stopped by a LiveBank kiosk, scanned the QR code on the TPBank Biz app, and withdrew VND 80 million to handle the situation!" Sharing this perspective, Ms. Le Huong Giang-owner of a restaurant chain in Ho Chi Minh City-highlights the operational efficiency gained by using TPBank Biz:

"As someone directly managing operations, I highly value the autonomy and security this offers. With QR-based withdrawals via the TPBank Biz app, I no longer need to carry a physical card, nor do I worry about PIN exposure or card loss. Cash flow management is now conveniently handled right within the app."

Convenient and secure transactions with multi-layer authentication

Users select the "Withdraw via TPBank Biz App" feature on the LiveBank screen, scan the displayed QR code using the TPBank Biz app on their phone, and enter a Smart OTP to dispense the cash. The entire identification and transaction process is completed seamlessly within minutes, maximizing time efficiency for business managers.

Alongside convenience, financial safety is a top priority, ensured by international-standard, multi-layer security mechanisms. The QR code displayed at LiveBank is dynamic-valid for only 120 seconds and automatically invalidated after each transaction. Furthermore, every withdrawal requires authentication via the Smart OTP of the authorized representative. This mechanism not only eliminates risks associated with PIN leaks or lost cards but also provides an optimal cash flow management solution for businesses operating under a "maker-checker" model, where both security and rapid decision-making are essential.

Expanding the digital transaction experience for corporate clients

With this new feature, TPBank expands its digital service ecosystem for corporate clients, pioneering a flexible transaction method via the 24/7 LiveBank network.

A representative from TPBank's Digital Banking Center (Corporate Banking Division) stated: "Adding the cash withdrawal feature via the TPBank Biz app marks the next step in TPBank's strategy to digitize the corporate client experience. This feature-enabling cash withdrawals at LiveBank kiosks using the TPBank Biz app-demonstrates TPBank's commitment to comprehensive digitalization, offering business leaders greater freedom, flexibility, and proactive management capabilities."

Don't let procedural hurdles or business hours disrupt your operations. Open the TPBank Biz app and experience cardless cash withdrawals at your nearest TPBank LiveBank 24/7 kiosk today-take control of your cash flow, boost operational efficiency, and be ready to seize every business opportunity!

DIGITAL PRIVILEGE BOX: ACCESS DIGITAL BUSINESS - UNLOCK 24/7 CASH FLOW

This feature has officially launched nationwide. Choose the method that best suits your business to activate these privileges immediately:

• For businesses already using TPBank Biz with the "Maker-Checker" (Dual-role) model: Experience the feature right away at your nearest LiveBank kiosk.
• For businesses with a TPBank Biz account but without the "Maker-Checker" model setup: Visit your nearest TPBank branch to verify eligibility and switch your TPBank Biz model. (Scan the QR code to locate the nearest branch).

Register for a digital account and receive an exclusive solution package for SMEs at: [https://biz.tpb.vn/onboarding/new-customer/user-infor]

For online registration, please follow the links below based on your status:

• New corporate clients (no CIF, no payment account, no TPBank Biz): Register at https://biz.tpb.vn/onboarding/new-customer/register-guide
• New business households (no CIF, no payment account, no TPBank Biz): Register at https://biz.tpb.vn/onboarding/new-customer/user-infor
• Existing TPBank clients (with CIF but no TPBank Biz): Register for TPBank Biz at https://biz.tpb.vn/onboarding/current-customer
• Clients without a TPBank CIF: Submit a request for TPBank Biz registration so a branch can contact you to collect documents and guide you through opening a CIF, payment account, and TPBank Biz account at https://biz.tpb.vn/onboarding/request-account

24/7 Digital Assistant Support: For direct guidance, please call 1900 6036 to be connected with a dedicated corporate customer support specialist.