Individual Foreign Exchange Remittance

Product description

It is a settlement business in which by order of the customer, the bank transfers his/her capital through the correspondent of beneficiary's bank and agent to the beneficiary. Overseas remittance covers in two categories: inward remittance and outward remittance.


Target customers
Overseas / domestic customers in need of for overseas outward remittance services for reasons like overseas tuition fee payment, or that of overseas inward remittance services for reasons like family maintenance remittance.


Currency types

Currently CCB handles remittance services mainly in freely convertible currencies including USD, BRP, EUR and JPY.

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