| Scope of Services |
| |
| |
| Inward
Remittance |
| |
| 1.
Demand Draft |
|
|
A cheque
payable to a particular beneficiary
drawn on the Bank |
|
|
An inexpensive and
simple method of fund transfer |
|
| 2.
Inward Remittance Payment Advice |
| |
Funds
are remitted by mail transfer or telegraphic
transfer with details for payment |
| |
A secure and convenient
way to collect funds |
|
| 3.
Cheques Sent for Collection |
| |
The Bank
sends a customer's cheque to the correspondent
bank for collection |
| |
The customer's account
will be credited with the net proceeds
(less handling charges) upon receipt
of payment |
| |
A convenient way for
the customer to obtain funds from
cities / countries outside his / her
domicile |
|
| 4.
Other payment arrangements outside China |
| |
Deposit Collection Account
|
| |
| |
Applicable to Hong Kong dollars
only. |
| |
Customers can deposit Hong
Kong dollar funds over the counter
at any BEA branch* in Hong Kong
/ Macau into their: accounts
maintained at BEA China branches.
Deposits can be in form of cash,
cheque, and transfer. |
| |
It will take about four working
days to credit the funds to
the respective BEA China account. |
| |
The service is provided to
customers free of charge. |
| |
*
Deposit collection accounts
at Macau Branch credit Hong
Kong dollar deposits to the
accounts at BEA China Zhuhai
Branch only |
|
|
|
Fund Transfers to China |
| |
BEA provides one-stop
banking service through its extensive
branch network in China and Hong Kong.
Customers can open bank accounts with
BEA China at any BEA branch in Hong
Kong and enjoy a full range of banking
services via Cyberbanking, BEA's award-winning
electronic banking platform with exceptional
ease and convenience.
| |
Through Cyberbanking
(Hong Kong) and Corporate Cyberbanking
(Hong Kong), you can enjoy the
convenience of making fund transfers
from your BEA account in Hong
Kong to accounts in China. |
| |
Applicable to Hong Kong dollar
and US dollar fund transfers. |
| |
Enjoy this real-time*
cross-border financial management
solution, with a standard charge
of only HKD150 per transaction. |
| |
*
Not applicable to onshore corporate
accounts, while also depending
on the receiving time of the
fund transfer instruction. |
Hong Kong enquiry hotline: (852) 2211-1333
Customer service hotline (China):
800-830-3811
Hong Kong website: www.hkbea.com |
|
| |
| Outward
Remittance |
| |
1.
Overseas Telegraphic Transfer
(Applicable
to Foreign Currencies) |
| |
The most
efficient means of fund transfer by
telex / SWIFT |
| |
A secure and accurate
way to remit funds abroad payable
to a specific beneficiary |
|
2.
Domestic Transfer (Inter-City)
(Applicable
to Renminbi and Foreign Currencies) |
| |
An efficient
means of fund transfer by the electronic
clearing system supervised by the
People’s Bank of China |
| |
Transfer funds from
a BEA China account to another bank
account located in a different city
within China |
| |
A convenient, easy,
and inexpensive method of fund transfer
within China |
|
3.
Domestic Transfer (Inner-City)
(Applicable
to Rmb and Foreign Currencies) |
| |
An efficient
means of fund transfer by the electronic
clearing system supervised by the
People’s Bank of China |
| |
Transfer funds from
a BEA China account to another bank
account located in same city in China |
| |
A convenient, easy,
and inexpensive method of fund transfer
within the same city in China (Fund
transfers in Rmb are provided to customers
free of charge) |
|
| |
Remark:
The services are available at BEA China
branches. For outward remittance, you can
simply send your instructions via Cyberbanking.
All remittance instructions will be executed
subject to the prevailing rules and regulations
of the State Administration of Foreign Exchange. |
| |
