Remittance and Local Bank Transfer
Outward Remittance
Outward Remittance | ||||
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Items | Charges / Details | |||
Telegraphic Transfer | Telegraphic Transfer | Conducted via branches | HK$260 per item1 | |
Conducted via electronic channels | HK$120 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$260 per item1 | ||
Conducted via electronic channels | HK$115 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 |
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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 |
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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$200 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 |
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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$100 thousand or equivalent | Corporate customers: HK$5 per item |
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HKD Transfer amount is above HK$100 thousand and equal to or not more than HK$1 million or equivalent | Corporate customers: HK$10 per item | |||
CNY Transfer amount is equal to or not more than CNY$100 thousand | Corporate customers: CNY$4 per item | |||
CNY Transfer amount is above CNY$100 thousand and equal to or not more than CNY$1 million | Corporate customers: 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:
- 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.
- "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.
- (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.
- 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.