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Roaming Remittance

Overview

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.

 

Benefits

The money can be remitted out in a place and be drawn in any part of the country with a password and a roaming remittance number. The sending and drawing can also be done online.

Procedures

1. The sender completes the "Application Form of Settlement Service".

2. ABC examines the "Application Form of Settlement Service" and remits money.

FAQs

1. What is the roaming remittance service designed for?

The roaming remittance service is mainly used for person-to-person or organization-to-person intercity remittances. Currently, ABC online banking and all ABC outlets can provide roaming remittance service.

2. How does ABC charge for roaming remittance service?

(1) If the customer opens a corporate settlement account, ABC charges an outward remittance fee of RMB0.50 for each transaction and an electronic transfer fee according to the electronic transfer rate.

(2) If the customer does not open a corporate settlement account, ABC charges a 1% fee for each transaction on the basis of the money to be remitted, namely RMB1 at least and RMB50 at most.

3. Why cannot a roaming remittance, which has not been drawn for a long time, be drawn or returned?

ABC roaming remittance carries a 9-digit serial number, which is used on a rotating basis. When the serial number of a new roaming remittance is identical to that of an old roaming remittance which has not been drawn for a long time, the system uses the serial number of the un-drawn roaming remittance to represent the new roaming remittance. For this reason, the roaming remittance which has not been drawn for a long time will become one that cannot be drawn or returned.

In this case, the customer may apply to the sending bank to find out the new serial number given to the un-drawn roaming remittance through the "Inquiry System for Multiple Expired Roaming Remittance" before the money can be drawn or returned.

Tips

1. Roaming remittance must be drawn with its serial number and a password, the number and the password should be properly kept.

2. If a large amount of money is remitted out by a corporation account, please ensure the transaction accords with regulations of account and cash management.

3. If the password is wrongly entered three consecutive times during withdrawal or inquiry, no drawing can be made on the same day.

Note: Please contact your local branch for detailed information about the service.

Customer Service Center : 95599

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