International Remittance - Outward

Product detail

International outward remittance is a money transfer that BOCT entrusts overseas correspondent banks to pay the specified amount to the beneficiary as remitter's instruction to satisfy the cross-border settlement requirements.

Bank of China has an extensive network of correspondent banks and overseas branches. We provide global remittance service in various currencies by telegraphic transfer (T/T). You can transfer funds to most parts of the world in a safe and quick manner.

Required Information

To transfer funds to an overseas party via telegraphic transfer T/T, please provide the following information:

  1. Currency & amount of remittance
  2. Payee's name & address
  3.  Payee's account number
  4. Name, address & SWIFT code of beneficiary bank

We need your accurate information to make sure the transaction is successful. It's important to notify the bank your preferred contact way to keep you well reached in case of any problems.

Information inquiry:

Our service desk will help you with your inquiry regarding any issue of transaction upon presentation of your identity and remittance receipt.

Remark

The amount of telegraphic transfer T/T received might less than the original amount if the remittance bank and payee bank do not have account relationship between banks