Bankers said that it is best to choose domestic big banks for foreign remittances, because big banks have many agencies abroad. For example, Bank of China has branches in many big cities abroad, such as new york, London, Frankfurt and Tokyo. If the remitter handles the remittance of the draft at the Bank of China, the payee can go directly to the foreign business outlets of the Bank of China to handle the payment procedures. If there is no business outlet of the remitting bank, it shall be handled at the entrusting bank designated by the remitting bank. Relatively speaking, it is not as fast and convenient to handle it in the entrusting bank as it is in the directly affiliated business hall. In addition, the network of big banks should be wider. Compared with small banks, there are fewer intermediate turnover links and remittance is more secure.
Go to China Bank for overseas remittance.
The materials to be provided are:
1. Name and address of the receiving bank
2. Name, address and account number of the payee
3. International bank number