Bill One Makes 'Bill One Bank' Transfer Fees Effectively Free

Sansan, Inc., a provider of AX (Accounting Transformation) services that change the way people work, has announced a new program that will make bank transfer fees effectively free starting in March 2026 for companies that newly subscribe to the accounting AX service "Bill One" and open a "Bill One Bank" account (*1).

Bill One Bank is the first corporate NEOBANK® (*2) realized through a partnership with SBI Sumishin Net Bank, Ltd. In March 2024, Sansan, Inc. obtained a banking agency license to integrate banking functions into Bill One, aiming to solve fundamental challenges in accounting operations. To date, Bill One Bank has supported the reduction of accounting burdens by providing features such as real-time payment reconciliation (*3) linked with invoice information issued via Bill One.

By making transfer fees effectively free, the company aims to make Bill One Bank more accessible and encourage its adoption, thereby expanding the value provided as a banking agent into the payment domain. Moving forward, the company will continue to enhance integration with Bill One to eliminate the burdens associated with the entire accounting process, from processing invoices and receipts to managing deposits and withdrawals.

For inquiries regarding Bill One Bank: https://bill-one.com/form/inquiry_bob_suite/

■ Background of the Effective Elimination of Transfer Fees

Under the tagline "Creating 'Elimination' to Change How Companies Work," Bill One rethinks the nature of accounting operations and develops services that eliminate inefficient tasks. The goal is to build an environment where everything from processing invoices and receipts to subsequent payments and deposits can be handled seamlessly, removing the burden of accounting tasks across the entire company. The company obtained a banking agency license in March 2024 and launched Bill One Bank.

Bill One Bank provides basic banking services such as deposits, transfers, and payments based on corporate accounts from SBI Sumishin Net Bank. It also offers an integration feature that automatically matches invoice information issued on Bill One with deposit information in virtual accounts issued by Bill One Bank in real-time. This has helped reduce the burden of accounting tasks by eliminating the need for manual payment reconciliation.

To further expand the value provided as a banking agent into the payment domain and solve challenges related to deposits and withdrawals, the company has decided to make transfer fees effectively free to promote the further use of Bill One Bank. Small and medium-sized enterprises, in particular, often face tasks such as negotiating fee burdens with business partners or managing multiple bank accounts to minimize transfer fees. This initiative aims to eliminate these tasks associated with transfer fees.