Name
Intra-bank transfer (RMB and foreign currencies)
Introduction
If you have large sums of funds to be transferred in or out the same city, you may transact the transfer settlement of an intra-city personal account deposit.
Features
1. Safety: a large amount of money can be transferred among banks in the same city avoiding risks of withdrawing deposit.
2. Convenient and swift.
3. Flexible funds transfer: personal account transfer to personal account and personal account transfer to corporate account can be realized.
Process
Customers can go to outlets of Bank of China to transact the business with personal valid identity documents or transact through online private banking.
Relevant Regulations
The charge complies with the intra-bank transfer charging regulations stipulated by the Central Bank.
Kind Reminder
In foreign currency transfer, the remitter and the payee should be the same person, or the payee should be a direct relative (parents, children and spouse) of the remitter, and relevant certificates of direct relative relationship, such as Hukou book, marriage certificate and notarization should be provided.
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