Tong Hui Bao
The "Tong Hui Bao" is a settlement mode where ABC, as entrusted by the remitter, remits money to a payee beyond its city, on a real-time basis, through its internal system or the China National Advanced Payment System (CNAPS) of thePBOC.
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Roaming Remittance
Roaming Remittance refers to the service that the sender entrusts a bank to remit money and the receiver can draw the money at any bank he/she chooses.
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Foreign Exchange Telegraphic Transfer (T/T)
The Foreign Exchange Telegraphic Transfer (T/T) is a settlement mode in which ABC, as instructed by the remitter, pays foreign exchange via SWIFT to the designated payee.
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Foreign Exchange Demand Draft (D/D)
The Foreign Exchange Demand Draft (D/D) is a settlement mode where ABC, as instructed by the remitter, pays foreign exchange to the designated payee using a foreign exchange draft.
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Western Union Money Transfer
The Western Union Money Transfer, including sending money and receiving money, refers to a real-time remittance of personal foreign currency, jointly provided by ABC and Western Union Holdings, Inc.
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