After the counter channel of our bank accepts personal international remittance business, it sends remittance telegrams to foreign countries on the same day (working day), and foreign banks (including remittance banks) should handle remittance on the next two working days (the time difference should be taken into account, for example, for the remittance sent by domestic banks in the United States and China on June 16, the next working day should be the night of June 17, Beijing time). Generally speaking, the remittance arrival time is 1-2 working days (the holidays of the remittance place and the collection place must be considered, for example, the remittance processed on Saturday will not be remitted until Monday, and if the country or region remitted on Monday is a holiday, the settlement date will be further postponed). The final billing time mainly depends on whether the remittance information provided by the customer meets the relevant requirements of the receiving country (for example, whether there is information necessary for automatic processing, etc.). ), and the accounting time also depends on remittance transfer.

Remittance through online channels. If the foreign currency cross-border remittance transaction is submitted and the transaction information is correct, the bank will complete the transaction review and remit the money before the next working day. The arrival time of foreign currency cross-border remittance depends on the transfer of remittance (if any) and the processing progress of the receiving bank. If the remittance/transfer by the payee bank is timely and smooth, the remittance can be remitted to the payee's account within 24 hours. If the transaction is verified and the remittance/transfer by the payee bank is non-working hours, the time for remittance to the payee's account may be extended, and it will be remitted to the payee's account within 3 to 7 working days. If the collection account supports GPI (namely, BOC Global Smart Remittance) remittance, it can realize fast processing of cross-border remittance (basically arriving at the account on the same day), transparent charging, traceable remittance process and SMS notification of payment arrival.

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.