Chinese abbreviation: BOC Zhihui

China Bank Intelligent Global Payment.

English abbreviation: BOC-GPI

This service is a new "fast remittance" mode for cross-border remittance of foreign currency (the original remittance mode is "ordinary remittance"). It makes use of the existing platform of SWIFT, does not change the basic clearing mode, process and account cooperation relationship of correspondent banks, and establishes a multilateral service agreement recognized by * * * through the cooperation among international banks, so as to realize fast processing of cross-border remittances (basically arriving on the same day), transparent charges and traceable remittance processes.

In the mode of fast remittance, you can choose our (my) and Saudi Arabia's (* * *) expenses. When you select "Yes" in the field "Do I bear the expenses of transit/remittance bank", the corresponding expenses will be ours, and the expenses of transit/remittance bank will be directly displayed on the page to inform you; All quick remittances have priority in GPI participating banks; You can track the remittance status on the page through one-time customized SMS or online banking/mobile banking to see whether the money has been credited to the payee's account (similar to express tracking).

The above contents are for your reference. Please refer to the actual business regulations.

If you have any questions, please contact online customer service of Bank of China.

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