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International_Settlement

Outward remittance


Introduction:
It is business that the bank remits the fund to beneficiary abroad in accordance with customer’s request and instructions of the remittance application.
Feature:
i.SWIFT system to ensure safety and efficiency;
ii.The fund carries interest the same day it is remitted which reduces interest loss;
iii.Lower cost, flexible, upper control of charge;
iv.Our bank has opened USD account, EUR account and other main foreign exchange accounts of in their issuing countries.
Service object:
All the corporate and individual customers.
Business process:
i.Remittance shall be adopted;
ii.Apply to make outward remittance. Customer shall present remittance application and required documents to our bank.