A method of currency settlement in which a bank transfers money from a payment account to a collection account through a bank to complete currency receipt and payment.

1. You need to provide the account name, account number, address and telephone number of Bank of China in Chinese mainland, preferably in Hong Kong dollars or multiple currencies (it can be a foreign exchange account, a foreign currency account, a foreign exchange card number, etc., as long as it matches your ID card), otherwise you need to say hello to the business department of Bank of China in Chinese mainland in advance, otherwise it is easy to get a refund.

2. If the remitter has an account with China Bank in Hong Kong, he can fill in the remittance application form at the counter of China Bank in Hong Kong as required.

3. After the remittance is successful for about three days, you can go to the China Bank in the Mainland to check whether you have received the money.

Extended data

In order to effectively curb the behavior of buying and selling accounts and opening fake accounts, and comprehensively promote the real-name management of accounts, since 20 16 12 1, when banking financial institutions open bank settlement accounts for individuals, the same person can only open one Class I account in the same bank. If a Class I account has been opened, a Class II account or a Class III account should be opened. This move aims to protect the safety of funds.

At the same time, in order to reduce the cost of residents' transfer, banks will charge off-site handling fees for cash deposit and withdrawal and transfer business in different places within the bank, which will be free within three months from the date of promulgation of this notice.

Baidu Encyclopedia-Transfer

Baidu encyclopedia-cross-border remittance