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Blockchain Revolutionizes Thai Auditing with the New Electronic Bank Confirmation (eBC) Platform for Faster and Safer Auditing

On November 27, 2024, BCI (Thailand) Co., Ltd., in collaboration with the Association of Certified Thai Accounting Practices (ACTAP), hosted a Live Talk event titled "Digital Confirmation for Smart Auditing." The event featured keynote speakers Mr. Thongkoon Sangthammarat (Committee, ACTAP) and Mr. Puth Groodpan (Head of Product Owner and Commercial, BCI Thailand), who introduced blockchain technology as a game changer for the Thai auditing process through the Electronic Bank Confirmation (eBC) platform.



The event attracted significant attention from auditors, who were offered an exclusive benefit of up to THB 5,500 in discounts for ACTAP members to use the eBC platform.


Electronic Bank Confirmation (eBC): Transforming Thai Auditing

The eBC platform has been designed to meet the financial and auditing standards of Thailand, focusing on transitioning bank confirmation requests from analog to fully digital systems.


Transitioning to a Sustainable Digital Era

During the Live Talk, Mr. Puth Groodpan highlighted that the eBC platform enables auditors to conveniently and swiftly request bank confirmation letters. By replacing the traditional analog process with a digital solution, eBC improves the efficiency and accuracy of financial confirmation processes. He also emphasized that eBC is poised to play a pivotal role in supporting the transition from paper-based auditing to digital auditing practices in Thailand.

Moreover, the eBC platform incorporates blockchain technology, offering exceptional data security, transparency, and traceability. Every transaction on the blockchain can be verified, ensuring reliable and secure operations.


Now Available in Thailand

The eBC platform is now available nationwide for auditors. Independent auditors can easily register through the Electronic Onboarding system via the company’s website, ensuring a seamless and efficient sign-up process.


Stay Updated

For more information and updates about the eBC platform, visit the official website and social media channels of BCI Thailand.

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