Remittance and Local Bank Transfer

Outward Remittance

Outward Remittance
Items Charges / Details
Telegraphic Transfer Telegraphic Transfer Conducted via branches HK$240 per item1
Conducted via electronic channels HK$105 per item1
BOC Remittance Plus
Remittance to branches of Bank of China and Cooperative Banks in the mainland and designated branches outside Hong Kong
Conducted via branches HK$240 per item1
Conducted via electronic channels HK$100 per item1
Handling Fee of Message to Beneficiary Conducted via branches Waived if message is within 10 Chinese characters or 10 English words;
HK$100 per item if exceeded
Conducted via electronic channels Waived
Extra Cable Charge (if more than one SWIFT/electronic message is required) HK$100 per message
Correspondent Bank Charges2 (Applicable if remitter requested to bear correspondent bank charges) USD To anywhere (excluding the mainland)  HK$160 per item
EUR To Euro Area

No charge in advance if remittance amount is EUR100 or below

EUR25 per item if remittance amount is EUR100.01 to Euro12,500

EUR35 per item if remittance amount is above EUR12,500

GBP To United Kingdom and Ireland GBP20 per item
JPY To Japan 0.05% of remittance amount, with a minimum of JPY3,000 per item
THB To anywhere THB500 per item
All Others Minimum HK$200 per item
Confirmation to Beneficiary Bank by SWIFT/electronic message HK$100 per item
Handling charges for amendment, cancellation, return HK$220 per item, plus correspondent bank charges3
Enquiry on status of remittance By SWIFT/electronic message HK$220 per item, plus correspondent bank charges3
By telephone call HK$100 per item
Set up or amend Standing Instruction of general remittance HK$100 per item, plus regular outward remittance charges
Demand Draft Issuance of Demand Draft HK$100 per item
Request for Cancellation of issued Demand Draft HK$250 per item
Request for Stop Payment and/or Report Loss of issued Demand Draft HK$250 per item (plus an additional charge of HK$140 per item levied by HKAB, which is subject to change without prior notice)

Inward Remittance

Inward Remittance
Items Charges / Details
Proceeds credited to a BOCHK account

Remittance amount not more than HK$500 or equivalent

Waived
Remittance amount more than HK$500 or equivalent HK$60 per item
Mark good by other banks in Hong Kong Telegraphic Transfer / Mail Transfer HK$35 per item
Demand Draft HK$100 per item
Enquiry by SWIFT/electronic message HK$100 per item

Remittance - Others

Others
Services Items Charges / Details
Facsimile Hong Kong
(within 5 pages)
HK$50 per item
Outside Hong Kong (within 2 pages) HK$100 per item
Each additional page
(all countries/regions)
HK$50 per item
Issuance of the duplicate advice or receipt Within 1 year HK$50 per page
1-2 years HK$100 per page
2-3 years HK$150 per page
More than 3 years
(maximum 7 years)
HK$200 – HK$350 per page

Local Bank Transfer

Local Bank Transfer
Items Charges / Details
Local Bank Transfer Express Transfer (RTGS/CHATS) Funds Transfer to other local banks by Express Transfer (RTGS/ CHATS) Conducted via branches HK$180 per item4
Conducted via electronic channels HKD/CNY: HK$25 per item4
USD/EUR: HK$55 per item4
Funds transfer from other banks by Express Transfer (RTGS/ CHATS) to a BOCHK account Transfer amount not more than HK$500 or equivalent Waived
Transfer amount more than HK$500 or equivalent HK$15 per item
Handling charges for amendment, cancellation, return or enquiry3 HK$150 per item
FPS (Faster Payment System)  Funds transfer to other local banks through FPS HKD transfer amount is equal to or not more than HK$1 million


CNY transfer amount is equal to or not more than CNY$1 million

HK$10 per item






CNY$8 per item

Funds transfer from other local banks through FPS to a BOCHK account Waived
Handling charges for return or enquiry3 HK$150 per item

Remarks:

  1. In addition to relevant charges to the remittance item, if the Remitter pays the remittance amount by the Remitter’s BOC Credit Card, BOC Credit Card (International) Limited will in addition charge an administration fee for remittance by credit card and debit it to the BOC credit card account.
  2. "Correspondent Bank Charges" means collectively the charges imposed by the related correspondent banks, intermediary banks, clearing institutions &/or beneficiary bank in processing the remittance, plus extra handling charge of the Bank. If Correspondent Bank Charges are requested to be borne by remitter, the Bank is entitled to collect the charges in advance.  The collected amount is not refundable. But, if the actual claims exceeded the collected amount, the Bank is entitled to collect the shortfall. Please also note that this charge option requires more work and the related banks/institutions generally collect higher amount than if they are otherwise borne by beneficiary.
  3. (a) The handling charge of the Bank is not refundable regardless of whether the request is fulfilled. (b) Correspondent banks and/or the beneficiary bank may levy their handling charges in relation to the request; the Bank may collect these charges in advance or arrears.
  4. If Beneficiary Bank Charges are requested to be borne by remitter, the Bank is entitled to collect the charges plus extra handling charges of the Bank in advance. The chargeable amount is determined by the Bank with reference to the collection records of the related beneficiary bank without notice, and the collected amount is not refundable.  But, if the actual claims exceeded the collected amount, the Bank is entitled to collect the shortfall.  Please also note that this charge option requires more work and the Beneficiary Bank generally collect higher amount than if they are otherwise borne by beneficiary.


Other Charges may apply, please contact our staff for details.
We reserve the right to amend the service charges.