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Home Page >Personal Banking >Remittance >Pre-Settlement Remittance

  • Exclusive to ICBC (London) customers
  • Fixed Remittance Rate
  • Received as RMB by beneficiaries
  • Over the counter, or online
Pre-Settlement Remittance

 

A special remittance service is provided for individual customers of ICBC (London) plc. With pre-fixed exchange rates, payments are effected in GBP, USD or EUR in the U.K. and can be received in RMB by the Chinese beneficiary directly. This is a special remittance arrangement between ICBC (London) plc and ICBC domestic branches in China. Please note that a single and annual amount can not exceed an equivalent of USD50,000.00 according to Chinese regulations.

Customers are able to use cash or their account balance credit to remit over the counter, by using the Remittance Application Form, which can be downloaded from here.

Customers can also use Internet Banking for remittance transactions at any time or place.


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