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What does gpi remittance mean?
GPI remittance is the latest upgraded version of international remittance launched by Bank of China, and its full name is "Global Intelligent Remittance (GPI) product of Bank of China". It is a fast overseas wire transfer channel built by China Bank relying on the existing international remittance channels. Compared with traditional cross-border remittance, it has four advantages: priority handling, tracking feedback, transparent cost and complete information transmission.

GPI remittance is a fast arrival service provided by China Bank and a fast overseas wire transfer channel built by China Bank relying on the existing international remittance channels. Bank of China Global Wisdom (GPI) has four characteristics:

1. Remittance is preferred. In the process of remittance, the remittance from China Bank to the final receiving bank will be given priority.

2. Follow the feedback. As a remittance bank, China Bank will follow the international remittance processing flow of China Bank's Global Intelligent Remittance (GPI) all the way, and feed it back to the remitter in time;

3. The charges are transparent. China Bank will inform the remitter of the charges during the remittance process after the completion of the international remittance process of Bank of China Global Intelligence (GPI);

4. Complete transmission of information. The remittance information provided by the remitter, including the postscript, can be completely transmitted to the payee.

Handling method: GPI remittance business can be handled at the counters of branches of Bank of China. You need to submit a local/overseas remittance application form and the sender's mobile phone or email address to receive remittance notification (SMS and email feedback mode are supported).

With GPI remittance, international remittance can basically reach the account within ten minutes of the same day at the earliest, and the sender's account information and amount will be informed by SMS or email, which can be said to be very efficient and convenient. As far as China is concerned, according to the statistics of June 20 17, 13 China commercial banks including China Bank, China Industrial and Commercial Bank, China Agricultural Bank, China Construction Bank, Bank of Communications, China Minsheng Bank, Shanghai Pudong Development Bank, China Postal Savings Bank, Zhejiang Rural Credit Cooperative Association, Industrial Bank, China CITIC Bank, Ping An Bank and Guangfa Bank have joined.