Remittance is the process of sending foreign exchange with swift either incoming or outgoing from or into overseas
A. Incoming Remittance
Benefit
1. Safe and Quick
We use a high-tech payment system and SWIFT based technology.
2. Competitive buying and selling rate.
Charge
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Service
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Charge
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Incoming Remittance
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Free
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Payment Rejection
Payment rejection is Payment rejected due to incorrect account number and beneficiary name.
Cancel Request from Remitting Bank
Cancel request from remitting Bank is Payment cancellation request from remitting Bank, cancellation need prior approval from our customer, which their account had been credited.
B. Outgoing Remittance
Outgoing remittance is foreign currency transfer to other Bank. Customer or non-customer can utilize this service.
Benefit
1. Quick and Safe
We use high-tech payment system and SWIFT based technology.
2. Flexible
Cash or debiting accounts are available due to initiating outgoing remittance.
3. Lower cost
Come with competitive charges.
4. Competitive buying and selling rate.
Risk
Operational Risk
The dysfunction of internal process, human error, system failure or external problem.
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Services
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Charges
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Outgoing Demand Draft
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Same Ccy
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⅛% (min eqv USD 5 max eqv USD 250) + Handling comm. Eqv USD 5)
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Exchange
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Handling comm. Eqv USD 5
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Cash (Customer)
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½% + handling comm.
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Cash (Non Customer)
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1% + handling comm. + 10% VAT
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Outgoing T/T
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Same Ccy
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⅛% (min eqv USD 5 max eqv USD 250) + Handling comm.
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Exchange or from SWAP
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Handling comm.
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Cash (Customer)
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½% + handling comm.
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Cash (Non Customer)
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1% + handling comm. + 10% VAT
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Full Amount Charge
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Charge claimed by other Bank + handling comm. Eqv USD 12.50
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Outgoing Cancellation
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Handling comm. Eqv USD 20
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Outgoing Amendment
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Handling comm. Eqv USD 12.50
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Handling Commission for T/T
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Resona Group
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Eqv USD 12.50
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Non-Resona Group
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Eqv USD 15
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