# Siam Commercial Bank (SCB)

> Source: https://docs.barcoder.ai/docs/wallets/siam-commercial-bank
> research date 2026-05-29 · extracted at 2026-10-07
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [SCB EASY — official](https://www.scb.co.th/en/personal-banking/digital-banking/scb-easy)

## Overview

**SCB EASY** is **Siam Commercial Bank's flagship mobile-banking app** + **Thailand's top tier mobile banking platform** alongside K PLUS <sup>[1][1], [2][2], [Thailand report](https://docs.barcoder.ai/docs/payments/TH)</sup>. **Late 2024 baseline**: **~18 million SCB EASY app users** (up from 12M earlier baseline) — significant growth in Thailand's mobile-banking-led economy.

**Distinctive SCB EASY positioning**:
- **Fee-free for individual customers** — inter-account transfers free of charge (SCB clarified new transfer fees only apply to corporate clients via SCB Business Anywhere; individual SCB EASY users unaffected).
- **SCB total assets**: **~THB 3.49 trillion (mid-2025)** + **600+ branches nationwide**.
- **Distinctive vs K PLUS rival**: K PLUS is Thailand's #1 mobile-banking platform with 23.9M forecast users + 30% TH market share (2025; covered Batch 19); SCB EASY = #2 Thai mobile-banking platform alongside KBank's K PLUS.

**November 2024 — SCB EASY debuts "EASY Store" with hyper-personalized AI** <sup>[3][3]</sup>: Distinctive AI-powered Thai mobile-banking personalization.

## History

**1906 — Siam Commercial Bank chartered** as Thailand's first commercial bank (opened for business 1907).

**2017 — SCB EASY app launches** <sup>[2][2]</sup> as SCB's flagship mobile-banking platform.

**2022 — SCB X Public Company Limited formed** (SET: SCB) as holding company parent.

**2017-2024 — Mass Thai adoption** <sup>[1][1]</sup>: From 12M → ~18M SCB EASY users by late 2024.

**November 2024 — SCB EASY EASY Store hyper-personalized AI debut** <sup>[3][3]</sup>.

**2025 — SCB EASY clarified individual users unaffected by corporate-client transfer fees** <sup>[4][4]</sup>.

## Ownership & operator

**Operating entity**: **Siam Commercial Bank Public Company Limited** (SCB).

**Parent**: **SCB X Public Company Limited** (SET: SCB) — SCB X Group financial-services holding company (2022 reorganization).

**Major shareholders**: **Crown Property Bureau (Thai royal family-affiliated)** + **Vayupak Fund** + **various institutional + public SET float**.

**Regulators**: **BoT (Bank of Thailand)**.

## Technical integration

| Layer | Description |
|---|---|
| **Channels** | SCB EASY mobile app (iOS + Android) + SCB cards + SCB 600+ branches nationwide |
| **Identifiers** | Phone + email + card number + Thai ID |
| **TH national rails** | **[PromptPay QR](https://docs.barcoder.ai/docs/standards/promptpay-qr) + [Thai QR](https://docs.barcoder.ai/docs/standards/thai-qr)** (BoT instant payments + national QR) |
| **License** | Bank (SCB full Thai banking license) |
| **Sub-products** | SCB EASY Account + SCB EASY Cards + SCB EASY Credit + SCB EASY Investments + SCB EASY Insurance + SCB EASY EASY Store (Nov 2024+ hyper-personalized AI) + SCB Business Anywhere (corporate clients) |
| **SCB total assets**: ~THB 3.49 trillion mid-2025 + 600+ branches nationwide |

## Users & growth

**Late 2024 baseline** <sup>[1][1]</sup>:
- **SCB EASY app users**: ~18 million (up from 12M earlier baseline)
- **SCB total assets (mid-2025)**: ~THB 3.49 trillion
- **SCB branches nationwide**: 600+
- **Nov 2024**: SCB EASY EASY Store hyper-personalized AI debut

## Use cases

Thai retail mobile-banking via SCB EASY app; fee-free individual customer inter-account transfers; PromptPay + Thai QR national instant payments + national QR; SCB EASY Cards + Credit + Investments + Insurance integrated; SCB EASY EASY Store hyper-personalized AI (Nov 2024+).

## Implementations & partners

**Operator**: **Siam Commercial Bank Public Company Limited** (SCB).

**Parent**: **SCB X Public Company Limited (SET: SCB)**.

**Major Thai mobile-banking competitors**:
- **[K PLUS (Kasikornbank)](https://docs.barcoder.ai/docs/wallets/k-plus)** (Batch 19 covered; Kasikornbank; Thailand's #1 mobile-banking platform; 23.9M forecast users + 30% market share 2025)
- **Bualuang mBanking** (Bangkok Bank)
- **TTB Touch** (TMBThanachart)
- **Krungsri Mobile App** (Bank of Ayudhya — Mitsubishi UFJ Financial Group-owned)
- **[TrueMoney](https://docs.barcoder.ai/docs/wallets/truemoney)** (Batch 4 covered; CP Group + Ascend Money wallet)

**Regulator**: **BoT**.

## Fun facts

- **Thailand's top-tier mobile-banking platform** alongside K PLUS — SCB EASY ~18M users (late 2024 baseline).
- **2017 SCB EASY launch** as SCB's flagship mobile-banking platform.
- **1907 Siam Commercial Bank founding** — Thailand's first commercial bank.
- **SCB X Public Company Limited (SET: SCB) 2022 reorganization** as holding company parent.
- **Crown Property Bureau (Thai royal family-affiliated) major shareholder**.
- **SCB total assets ~THB 3.49 trillion (mid-2025) + 600+ branches nationwide**.
- **November 2024 SCB EASY EASY Store hyper-personalized AI debut** — distinctive Thai mobile-banking AI innovation.
- **Fee-free for individual customers** — distinctive vs corporate-client transfer-fee structure (SCB Business Anywhere).

## Comparison

| Feature | SCB EASY | [K PLUS (Kasikornbank)](https://docs.barcoder.ai/docs/wallets/k-plus) (Batch 19; TH #1 mobile-banking rival) | Bualuang mBanking (Bangkok Bank rival) | TTB Touch (TMBThanachart rival) | Krungsri Mobile App (Bank of Ayudhya / Mitsubishi UFJ-owned rival) |
|---|---|---|---|---|---|
| Operator | **Siam Commercial Bank Public Company Limited (SCB; SCB X PCL SET: SCB parent; Crown Property Bureau Thai royal family-affiliated major shareholder)** | Kasikornbank (KBank; TH #2 bank) | Bangkok Bank (TH largest by assets) | TMBThanachart (TMB + Thanachart merger heritage) | Bank of Ayudhya (Mitsubishi UFJ Financial Group-owned) |
| Type | **TH top-tier mobile-banking + SCB EASY Store hyper-personalized AI (Nov 2024+)** | TH #1 mobile-banking platform | TH largest bank-anchored mobile banking | TH merged bank-anchored mobile banking | TH MUFG-owned mobile banking |
| Country | Thailand | Thailand | Thailand | Thailand | Thailand |
| Users | **~18M SCB EASY app users (late 2024 baseline; up from 12M)** | 23.9M forecast users (2025) + 30% TH market share | Major TH | Major TH | Major TH |
| Distinctive | **1907 TH first commercial bank; Crown Property Bureau major shareholder; Nov 2024 EASY Store hyper-personalized AI; fee-free for individuals (corporate fees via SCB Business Anywhere); SCB total assets ~THB 3.49T + 600+ branches; SCB X PCL 2022 holding company reorganization** | >1 in 3 TH online txn on K PLUS; K+ Go Inter 47 countries; 2025 CN/VN/ID expansion | Bangkok Bank-anchored | TMBThanachart merger | MUFG-owned |

## Status

**Active, Thailand's top-tier mobile-banking platform alongside K PLUS** <sup>[1][1], [3][3]</sup>:
- **Siam Commercial Bank (SCB; SET: SCB via SCB X PCL parent)** with SCB EASY since 2017.
- **Late 2024 baseline**: ~18M SCB EASY app users (up from 12M earlier).
- **Nov 2024 SCB EASY EASY Store hyper-personalized AI debut**.
- **SCB total assets ~THB 3.49 trillion (mid-2025) + 600+ branches nationwide**.
- **Crown Property Bureau (Thai royal family-affiliated) major shareholder**.
- **BoT regulated**.

## Sources

[1]: https://www.scb.co.th/en/personal-banking/digital-banking/scb-easy "SCB EASY App — official"
[2]: https://en.wikipedia.org/wiki/Siam_Commercial_Bank "Siam Commercial Bank — Wikipedia"
[3]: https://www.thestorythailand.com/en/18/11/2024/142127/ "SCB EASY EASY Store hyper-personalized AI debut Nov 2024 — Story Thailand"
[4]: https://www.nationthailand.com/business/banking-finance/40049831 "SCB clarifies new transfer fees apply to business users only — Nation Thailand"
[th-cro]: https://docs.barcoder.ai/docs/payments/TH

- [1] [SCB EASY App — official][1]
- [2] [Siam Commercial Bank — Wikipedia][2]
- [3] [SCB EASY EASY Store hyper-personalized AI Nov 2024 — Story Thailand][3]
- [4] [SCB clarifies new transfer fees apply to business users only — Nation Thailand][4]
- <sup>[Thailand report](https://docs.barcoder.ai/docs/payments/TH)</sup> In-corpus: `reports/countries/TH-thailand.md`

## Source

Biography extracted from [siam-commercial-bank.md](https://docs.barcoder.ai/source/wallets/siam-commercial-bank). See `matrix.md` for standards-support matrix if present.