What are the regulations for personal customers of Bank of China to handle cross-border remittance settlement services at the counter?

Bank of China’s regulations for handling personal cross-border remittances:

1. Adhere to the principle of “close the position, make payments as you go, and whoever pays will receive” when handling inward remittances. Remittance settlement business. Inward remittances earlier than the value date cannot be released. There is no amount limit for receiving overseas remittances.

2. If the remittance from the beneficiary account is provided, Bank of China will directly handle the deposit procedures for you; if the remittance from the beneficiary account is not provided, after receiving the notice, you should go to the bank counter with your ID card to handle the relevant solutions. Payment procedures.

3. International remittances cannot be paid on weekends and holidays due to system and backend operation department rest.

4. Bank processing principles for remittances with a receiving account are as follows:

(1) It should be processed on the same day as the payment instruction is received, and payment shall not be delayed;

(2) If the remitted currency is the same as the currency of the payee’s account in the payment instruction, the original currency will be credited directly into the account;

(3) If the remitted currency is a foreign currency, the payee’s account in the payment instruction will be The account currency is RMB. In accordance with the relevant regulations of the Administration of Foreign Exchange, we will handle the settlement of foreign exchange and deposit it into your account at the real-time foreign exchange rate;

(4) If the remitted currency is a foreign currency, the payee account in the payment instruction The currency is another foreign currency, which is calculated and recorded according to the real-time foreign exchange quotation.

(5) Due to differences in business in individual regions, for detailed information, please enter the online customer service manual service or call the Bank of China customer service hotline 95566 and transfer to manual consultation.

The above content is for your reference, please refer to actual business regulations.

If you have any questions, please feel free to consult Bank of China’s online customer service.

You are sincerely invited to download and use Bank of China Mobile Banking APP or Bank of China Cross-border GO APP to handle related businesses.