There are three major modes of remittance:
·Telegraphic Transfer (T/T): Fast and safe, but at higher cost;
·Mail Transfer (M/T): Slower, but at lower cost;
·Demand Draft (D/D): Suitable for cash on delivery trade.

They can be further divided into inward remittance and outward remittance based on the direction of fund movement.
Outward Remittance (making payment)
Upon your instructions, China Merchants Bank (CMB) will transfer your proceeds through T/T, M/T or D/D to the overseas beneficiary you designate.
Inward Remittance (receiving payment)
For the sake of your safe and quick reception of the remittance, we suggest that you request the overseas remitter to send the proceeds through T/T, the safest and quickest means.
In a cash-on-delivery cross-boarder trade scenario, you may request the overseas remitter to choose a correspondent bank of CMB, and issue a draft drawn on CMB as the paying bank.
Please follow China Merchants Bank Inward Remittance Guide, and inform the overseas remitter of your account information.
China Merchants Bank Inward International Remittance Guide
To ensure your quicker reception of remittance, please follow the guide below, and request the overseas remitter to precisely provide pertinent details:
For Inward US Dollar Remittance
Please instruct your banker to transfer the USD funds (by T/T via CHIPS) as follows: Correspondent: Citibank N.A., New York (CHIPS ABA: 0008) (the name of our correspondent and its CHIPS ABA number or SWIFT code) Beneficiary's Bank: China Merchants Bank, H. O. Shenzhen (CHIPS UID: 298375)__________ (our bank name and our CHIPS UID) Beneficiary's a/c no.: _____________________________________________________ (Beneficiary's All-in-one-card account number, bankbook account number or corporate USD account number) Beneficiary: ________________________________________________________ (Beneficiary's account name: Mandarin Chinese Pinyin for personal name; English for corporate name) Remarks : /TELE/pay through CMB________________________________________(city)Branch (Please fill in here the name of branch where you opened your account ) |
Example (receiving payment from South Africa)
Mr.Zhang Shan has opened an account at CMB Zengcheng Sub-branch of CMB. He is expecting to receive USD1,000 from his uncle in South Africa. Mr. Zhang has an All-in-one-card account at CMB. His card number is 0020-12345678. So Mr. Zhang tells his uncle to provide his bank with the following instructions for the remittance: Quote Please instruct your banker to transfer USD 1000 (by T/T via CHIPS) as follows: Correspondent: Citibank N.A. New York (CHIPS ABA 0008) Beneficiary's Bank: China Merchants Bank, H. O. Shenzhen (CHIPS UID 298375) Beneficiary’s a/c no.: 0020-12345678 Beneficiary: Zhang Shan Remarks: /TELE/pay through CMB ZengCheng, Guangzhou Branch Unquote |
Inward Remittance in Other Currencies
Please instruct your banker to transfer the funds by T/T as follows: Correspondent:__________ (bank), ___________(city) SWIFT Code __________* (the name of our correspondent and its SWIFT code) Beneficiary's Bank: China Merchants Bank, H. O. Shenzhen SWIFT: CMBCCNBS or a/c no._________________________________________ * (our bank name and our SWIFT code/Account number) Beneficiary's a/c no.: _________________________________________________ (Beneficiary’s All-in-one-card account number, bankbook account number or corporate USD account number) Beneficiary: _______________________________________________________ (Beneficiary’s account name: Mandarin Chinese Pinyin for personal name; English for corporate name) Remarks: /TELE/pay through CMB_____________________________ (city) Branch *Please select from "China Merchants Bank Correspondents" |
China Merchants Bank's Correspondents
SWIFT: CMBCCNBS
2008
|
币种 Currency |
银行名称 Bank name |
银行帐号A/C No. |
代码 SWIFT |
|
港币 HKD |
The Hongkong & Shanghai Banking Corp.Ltd., Hong Kong
汇丰银行, 香港 |
600-702153-001 |
HSBCHKHH |
|
港币 HKD |
Standard Chartered Bank,
Hong Kong
渣打银行,香港 |
447-094-0258-1 |
SCBLHKHH |
|
港币 HKD |
Bank of China, Hong Kong
中国银行,香港 |
01287560102920
|
BKCHHKHH |
|
港币 HKD |
China Merchants Bank, Hong Kong 招商银行香港分行 |
20028688 |
CMBCHKHH |
|
美元 USD |
Bank of China, New York
中国银行,纽约 |
01000133 |
BKCHUS33 |
|
美元 USD |
China Merchants Bank, Hong Kong 招商银行香港分行 |
20028939 |
CMBCHKHH |
|
美元 USD |
Citibank N.A., New York
花旗银行,纽约 |
36153383 |
CITIUS33 |
|
美元 USD |
JPMorgan Chase Bank,New York 摩根大通银行,纽约 |
544-7-11070 |
CHASUS33 |
|
美元 USD |
Deutsche Bank Trust Company Americas 德意志信孚银行 |
04-409-137 |
BKTRUS33 |
|
美元 USD |
American Express Bank
美国运通银行 |
730838 |
AEIBUS33 |
|
美元 USD |
Bank of New York Mellon, New York
纽约银行梅隆公司,纽约 |
890-0613-831 |
IRVTUS3N |
|
美元 USD
|
The HongKong & Shanghai Banking Corp. Ltd. Hong Kong
汇丰银行, 香港 |
600-702153-230 |
HSBCHKHH |
|
欧元 EUR |
Deutsche Bank AG, Frankfurt
德意志银行,法兰克福 |
951226010 |
DEUTDEFF |
|
欧元 EUR |
Dresdner Bank AG,Frankfurt
德累斯登银行,法兰克福 |
8 025 459 00 |
DRESDEFF |
|
欧元 EUR |
Bank of China, Frankfurt
中国银行, 法兰克福 |
1001217007 |
BKCHDEFF |
|
欧元 EUR |
ING BANK N.V.,Brussels
荷兰安智银行,布鲁塞尔 |
301.0179758.01 |
BBRUBEBB |
|
英磅 GBP |
Barclays Bank Plc., London
巴克莱银行,伦敦 |
90257613 |
BARCGB22 |
|
日元 JPY |
The Bank of Tokyo-Mitsubishi ltd., Tokyo 东京三菱银行,东京 |
653-0408069 |
BOTKJPJT |
|
日元 JPY |
Mizuho Corporate Bank, ltd Tokyo 日本瑞穗实业银行,东京 |
4421180 |
MHCBJPJT |
|
澳元 AUD |
Australia and New Zealand Banking Corp., Melbourne
澳新银行,墨尔本 |
315275AUD00001 |
ANZBAU3M |
|
新加坡元 SGD |
Bank of China, Singapore
中国银行,新加坡 |
2101-217-401 |
BKCHSGSG |
|
新加坡元 SGD |
DBS Bank, Singapore
星展银行,新加坡 |
037-003523-8 |
DBSSSGSG |
|
加元 CAD |
Bank of Montreal, Toronto
蒙特利尔银行,多伦多 |
3144-1021-052 |
BOFMCAT2 |
|
瑞士法郎 CHF |
UBS AG,Zurich
瑞士联合银行,苏黎世 |
85579.05 F |
UBSWCHZH80A |
(The above information is subjected to further updating; please contact the China Merchants Bank before using it.)