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

Sansan, Inc., a provider of AX services that transform work styles, 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 offering 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, promote its adoption, and expand its value as a banking agent into the payment domain. Moving forward, the company will continue to enhance its integration with Bill One to eliminate the burden of end-to-end accounting processes, from processing invoices and receipts to managing deposits and withdrawals.

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 Transform Company-wide Work Styles," Bill One rethinks the nature of accounting operations to eliminate inefficient tasks. The service aims to build an environment where processes—from handling invoices and receipts to subsequent payments and deposits—can be handled seamlessly. In March 2024, the company obtained a banking agency license and launched Bill One Bank.

Bill One Bank provides basic banking services such as deposits, transfers, and settlements based on SBI Sumishin Net Bank's corporate accounts. 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 accounting workload by eliminating manual payment reconciliation tasks.

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