How long does it take for Bank of China to remit money to South Korea?

Cross-border business has a longer business cycle and takes about 4-5 working days to arrive.

Currently, cross-border remittance business services cover all regions and countries around the world (except for remittance-banned countries and blacklisted countries). Countries with large remittances include Australia, Canada, Europe, the United Kingdom, and Japan.

For different filling precautions in different regions, there are clear notes on the filling page. It is recommended to follow the page prompts step by step.

Extended information:

The new cross-border remittance business of "BOC Global Smart Exchange" will arrive in your account in 15 minutes

Cross-border remittances will arrive in your account in as fast as 15 minutes. Bank of China is the first to launch BOC Global Smart Cross-border remittance business in Hubei Province, effectively improving the processing time of cross-border remittance business. This business has been optimized and designed to address issues such as efficiency, cost, and process transparency that exist in cross-border remittance business, and has achieved transparent charging, priority processing of remittances, and SMS notifications of arrival. The shortest time from the issuance of remittances to the receipt of remittances is only 15 minutes.

It is reported that once the Bank of China’s Global Smart Cross-border remittance business was launched, it was favored by a foreign trade enterprise customer and handled the first BOC Global Smart cross-border remittance business in a central province in my country. The successful application marks that the Hubei Branch of Bank of China has fully equipped the SWIFTGPI international remittance business service capabilities, truly meeting the needs of various types of customers for quick arrival of cross-border remittance funds, remittance tracking, inquiry and feedback, and comprehensively improving the customer's remittance experience.

Bank of China - Frequently Asked Questions about Transfer Management

Bank of China - "Bank of China Global Intelligence" new cross-border remittance business will arrive in your account in 15 minutes