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Can the Bank of Communications Personal Card accept overseas remittance?
If foreign relatives or remitters need to remit foreign exchange, they can entrust Bank of Communications to handle it. Just tell the remitter the English name of the local branch of Bank of Communications and the account number or address in Bank of Communications, and the remitter can directly remit foreign exchange to Bank of Communications through the overseas branch or correspondent bank of the local Bank of Communications.
After the money is remitted to Bank of Communications, if you open an account, Bank of Communications will directly transfer the foreign exchange remittance to your account. If you don't open an account with Bank of Communications, Bank of Communications will issue a notice of receipt of foreign exchange remittance, and collect foreign exchange remittance from Bank of Communications with the notice and valid documents. If you are a domestic resident, you must also apply for the declaration of balance of payments statistics in accordance with the requirements of SAFE.
Extended data
During the application process, the remittance application form should be filled in English, indicating the payee's name, payee's bank and account number or payee's address, remittance amount, remitter's name and remittance purpose, and the remittance purpose must comply with relevant regulations.
At present, the currencies that Bank of Communications can handle are: US dollar, Hong Kong dollar, Euro, Japanese yen, British pound, Australian dollar, Singapore dollar, Swiss franc, Canadian dollar, Korean won, Swedish krona, Norwegian krona, Danish krona, Macao pataca, ringgit (currently suspended), New Zealand dollar and RMB.
Bank of Communications-International Remittance
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