Skip to content

B2B+ Payment Information

Discover more about the Samsung Display payment process.

Image of a laptop being used

Payment Process

  • Background of Introduction

    This system is for quick accurate payment for clients who made the purchase contract and the support the cash flow of the partner companies corresponding to medium and small-size businesses.
  • Overview of Payment

    Delivery payment work agency contract was signed between our company and the financial institutes so that the company makes the payments for the deliverables of clients through the financial institutes, and the clients will receive the payments on the contracted due date specified in the payment conditions of the company. If you want advance payment (hereinafter referred to as a loan”), you will have to pay certain interest for the corresponding loan period, and you will get payment for he deliverables in cash immediately. You can check the issuing of electronic bill from the internet banking service of each bank and request a loan.
  • Payment Process

1. Delivery and in voice issuing 2. Credit transfer for payment 3. Purchase details transmission 4. Credit transfer notice 5. Payment request 6. Payment 7. Bill date payment
  • STEP 01 Purchasing Company

    The purchasing company sends the details of closing (by closing dates, by sites) to the bank after purchasing the products, and actual payment will be made the bill date to the bank.
  • STEP 02 Financial Institute

    The bank notifies the corresponding credit transfer to the purchasing company after receiving the closing details from the purchasing company.
  • STEP 03 Cooperation Company

    The cooperation company registers the institution B2B+ and the transaction application, and the electronic bill or cash will be paid on the payment date.

Contract Procedure

  • STEP 01

    Bank Selection

    Select one from KB, IBK, KEB and Woori bank.
  • STEP 02

    Write Bank
    B2B+ Contract

    Fill in the B2B+ registration contract.(Corporate registered seal required)
  • STEP 03

    Bank B2B+ Contract

    Visit the bank with B2B+ contract and attached documents and sign the contract. KB supports internet contract (for internet banking subscribers).
    *Be sure to check the B2B+ contract status with the bank afterwards.
  • STEP 04

    Samsung Display B2B+ Contract

    Samsung Display B2B+ contract can be substituted by a contract for payments and attached documents.
  • Download the Contract for Payment

    Fill up the blanks and put the corporate stamp and corporate registered seal at the "EUL" field at the lower-right corner. Documents to attach: authentication certificate of seal (original), business registration (copy) and front page of bank statement for payment(copy).
  • Address to Send the Document

    181 Samsung-Ro, Tangjeong-Myeon, Asan-Si, Chungman T.041-535-1114

Documents to Submit

  • Conclude a B2B Agreement with Banks

    1. B2B loan transaction agreement is only available at Kookmin Bank, Korea Exchange Bank, Woori Bank, and Industrial Bank of Korea
    2. Each bank requires a different type of document. Therefore, fill out the relevant document and submit it to the bank nearby
Conclude a B2B Agreement with Banks Explanation
Financial Institutions Available Account Contacts
Kookmin Bank
(Loan for account receivable bonds)
Kookmin Bank account 1588-9999
Korea Exchange Bank
(Settlement for B2B)
Korea Exchange Bank account 02-3709-8080
Woori Bank
(Loan for B2B-Plus)
Woori Bank account 080-665-5000
Industrial Bank of Korea
(Loan for account receivable bond with security)
Industrial Bank of Korea account 1566-2566
1588-2588
  • Conclude a B2B Agreement with Samsung Display and Submit Documents

    1. Complete the document required for agreement and send it via mail or visit in person to apply

    1) Documents needed for an agreement (Total 4)

    • ① Agreement as to payment of products (Refer to annexed paper)
    • ② One copy of sealed certificate of corporate body (Should be issued within past three months) (As for individuals, sealed certificate of individual is needed)
    • ③ One copy of business registration certificate
    • ④ One copy of account for settlement concluded with a B2B agreement
    2. Notes of Caution

    Seal on the agreement as to payment of products should be identical with the one on the sealed certificate of corporate body.
    In case of vice versa, submit presentation of seal that is currently being used.


Download Related Documents

  • Payment Process
  • Agreement Procedures
  • Required Documents / Submission
  • Download
    Related
    Document
  • Guide for dealing with Samsung Display
  • Agreement of Payment
  • Form of application as a Vendor
  • Currently active Presentation of seal
NEWSLETTER SUBSCRIBE