Bank of China How long does it take for foreign exchange to arrive

Updated on Financial 2024-02-19
5 answers
  1. Anonymous users2024-02-06

    If you handle cross-border remittance through BOC's counter channels: After BOC accepts the personal international outward remittance business, it will send the remittance telegram to the foreign country on the same day (working day), and the foreign bank (including the remitting bank) shall be as follows.

    1. Two working days (time difference should be taken into account, for example, for the United States, the remittance sent by the Bank of China on June 16 in China should be the night of June 17 Beijing time on the next working day) to process the remittance. Under normal circumstances, the remittance time is three to five working days (we must consider the holidays of the remittance and remittance, for example, the outward remittance handled on Saturday must be remitted on Monday, and if the country or region to which the remittance is remitted on Monday is a holiday, the release date will be further postponed), and the final crediting time mainly depends on whether the remittance information provided by the customer meets the relevant requirements of the remittance country (such as: anti-money laundering regulations, whether there is information necessary for automatic processing, etc.), At the same time, the time of crediting also depends on the processing speed of the transfer bank.

    Electronic Channels: If you submit a foreign currency cross-border remittance transaction with correct transaction information, BOC will complete the transaction review and remit the funds before the next working day. The arrival time of foreign currency cross-border remittance depends on the intermediary bank (if any) and the beneficiary bank's processing process of the transaction, such as the intermediary bank The beneficiary bank can process the remittance within 24 hours, and the remittance can be remitted to the beneficiary's account within 24 hours, if the transaction verification, the intermediary bank and the beneficiary bank's non-working hours, etc., the time for remittance to be remitted to the beneficiary's account may be extended, generally 3 to 7 working days will be remitted to the beneficiary's account.

    The above content is for your reference, and the actual business regulations shall prevail.

    Handle related business.

  2. Anonymous users2024-02-05

    If it is a wire transfer, it usually takes 3-5 working days.

  3. Anonymous users2024-02-04

    Bank of China's personal foreign exchange outward remittance.

    The handling process:

    After accepting the personal international outward remittance business, the Bank of China will send the remittance telegram to the foreign country on the same day (working day), and the foreign bank (including the remitting bank) shall follow the following.

    1. Two working days (time difference should be taken into account, for example, for the United States, the remittance sent by the Bank of China on June 16 in China should be the night of June 17 Beijing time on the next working day) to process the remittance. Under normal circumstances, the time for remittance to arrive in Huyan is three to five working days (be sure to consider the holiday issues of the remittance place and the remittance place, for example, the outward remittance handled on Saturday must be remitted on Monday, if the country or region to which the remittance is remitted on Monday, the release date should be further postponed), and the final crediting time mainly depends on whether the remittance information you provide meets the relevant requirements of the remittance country (such as: anti-money laundering regulations, whether there is the necessary information for automatic processing, etc.), At the same time, the time of crediting also depends on the processing speed of the transfer bank.

    95566 (Overseas, Hong Kong, Macao and Taiwan.)

    Please call +8610-95566) for inquiries.

    The above content is for your reference, and the actual business regulations shall prevail.

    Handle related business.

  4. Anonymous users2024-02-03

    If you handle cross-border remittance through the counter of BOC, BOC will process and send the remittance telegram on the same day (working day), under normal circumstances, the remittance will take 3 to 5 working days (if the remittance and remittance destination are on holidays, the payment date will be postponed), and the final crediting time mainly depends on whether the remittance information you provide meets the relevant requirements of the remittance country and the processing speed of the remitting bank.

    If you make a cross-border remittance via BOC Mobile Banking or Personal Internet Banking, and the transaction information you submit is correct, BOC will complete the transaction review and remit the funds before the next working day. The arrival time of foreign currency cross-border remittance depends on the intermediary bank (if any) and the beneficiary bank's processing process of the transaction, such as the intermediary bank The beneficiary bank can process the remittance within 24 hours, and the remittance can be remitted to the beneficiary's account within 24 hours, if the transaction is verified, the non-working hours of the intermediary bank and the beneficiary bank, etc., the arrival time may be extended, generally 3 to 7 working days.

    The above content is for your reference, and the actual business regulations shall prevail.

    Handle related business.

  5. Anonymous users2024-02-02

    Bank of China remittance and transfer, peers generally receive the account immediately. It usually takes 1 to 3 working days for inter-bank transactions.

    1. Inter-bank transfer time of Bank of China.

    1. Real-time arrival in the system from 9:00 to 17:00.

    2. 1-3 working days across banks. (Except for remote areas, the general situation is the same day or real-time arrival) Second, the transfer limit:

    1. Single transaction in the system: 20w, daily accumulation: 100w.

    2. Inter-bank single transaction: 2w, daily accumulation: 50w.

    3. How to transfer money between banks:

    1. Open Bank of China** and select Personal Customer Online Banking to log in.

    2. Fill in the Bank of China card number and password, and select Login.

    3. Select Transfer & Remittance on the navigation bar.

    4. Select Domestic Interbank Remittance from the list on the left.

    5. Fill in the transfer key with account details, transfer amount, and the payee's mobile phone number.

    6. Obtain the mobile phone transaction code, enter the draft reed box, and enter the dynamic password.

    7. The inter-bank transfer is successful.

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