Remittance is Is the transfer or remittance in foreign exchange currency either incoming, out going and demand draft from and to foreign and domestic.
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
Service | Charge |
Incoming Remittance | Free execpt CNY with Full Amount Charge CNY 20 |
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.
Services | Charges | |
Outgoing T/T | Same Ccy | 1/8% (min eqv USD 5 max eqv USD 250) + Handling comm. |
Exchange or from SWAP | Handling comm. (outgoing T/T and exchange (account debiting) processed in the same day) | |
Cash (Customer) | ½% + handling comm. | |
Cash (Non Customer) | 1% + handling comm. + 11% VAT | |
Full Amount Charge | Charge claimed by other Bank + handling comm. Eqv USD 12.50 | |
Cancellation and Amendment for Outgoing Transfer in JPY | Handling comm. Eqv USD 40 | |
Cancellation and Amendment for Outgoing Transfer in other Currencies | Handling comm. Eqv USD 20 | |
Trace Charge | Handling comm. Eqv USD 12.50 | |
Handling Commission for T/T | Resona Group | Eqv USD 12.50 |
Non-Resona Group | Eqv USD 15 |
Procedures and Using Guidance
1. Submit application is filled out completely and correctly, and signed by an authorized officer based on specified time limit.
2. Have a sufficient balance.