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What is the remittance route of China Merchants Bank Hong Kong Card?
Remittance to the designated account by bank card.

1. Receiving bank: China Merchants Bank (Hong Kong Branch).

SWIFTCODE:CMBCHKHH .

2. Name of payee: English account name of Hong Kong One Card.

3. Payee's account number: 16-digit account number on Hong Kong Smart Card.

Because the correspondent banks used for foreign currency remittance are different, the information of US dollar correspondent banks can be found on the website of China Merchants Bank.

Extended data

Cross-border remittance mode

cash

International students studying abroad should bring a certain amount of foreign currency cash, which is mainly used for living expenses and small emergency expenses in the early stage. The State Administration of Foreign Exchange has relevant regulations on the amount of foreign currency that can be carried at one time. Those who exceed the quota must apply for an exit permit to carry foreign currency and show it to the customs on their own initiative when leaving the country.

Foreign currency exit permits can be handled in banks, and the handling fee for each permit is about RMB 10 yuan. Carrying cash can be used for payment immediately, with low cost, but it is neither convenient nor safe. Once the cash is lost or stolen, it cannot be compensated. Therefore, in addition to carrying a small amount of cash, it is best to send large amounts of foreign currency by remittance.

telegraphic transfer

When remitting money to children who are about to study abroad or have already gone abroad, most people first think of telegraphic transfer, that is, directly remit money to the payee's account through the international interbank telecommunication system. Wire transfer has many currencies, is safe, fast and universal, and can be directly remitted to the payee's account, but the cost is relatively high, which is more suitable for customers who already know the payee's name, account number and bank information and have high requirements on the time and security of remittance arrival.

Reference: China Merchants Bank official website-Overseas Remittance