International Remittance

Benefits and Features

Bank of China has an extensive network of correspondent banks and overseas branches. We provide global remittance service in various currencies by either telegraphic transfer (T/T) or demand draft (D/D). Therefore, you can receive funds from most parts of the world in a safe and quick manner.

Required Information

To receive funds from an overseas party via T/T, please provide them with the following details:

• Account Holder Name

• Account Number

• Name of Beneficiary Bank: Bank of China

• Address of Beneficiary Bank: 4 Battery Road, Bank of China Building, Singapore 049908

• SWIFT Code: BKCHSGSG

Gentle Reminder

Why is the amount of a T/T remittance received sometimes less than the original amount of remittance?

If the remitting bank and our Bank mutually open nostro/vostro accounts, Our Bank may receive the full amount of the remittance. However, as most remitting banks do not have any account relationship with our bank, a remittance may have to be transferred to our bank via one or several correspondent banks. Each correspondent bank deducts a service charge when handling the transfer service. Therefore, the amount of T/T remittance you receive is probably less than the original amount of the remittance.