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

Feb. 2006

Currency	Bank Name	A/C No. of CMB	SWIFT
HKD	The Hongkong & Shanghai Banking Corp. Ltd., Hong Kong	600-702153-001	HSBCHKHH
	Standard Chartered Bank, Hong Kong	447-094-0258-1	SCBLHKHH
	Bank of China, Hong Kong	01287560102920	BKCHHKHH
	China Merchants Bank, Hong Kong	20028688	CMBCHKHH
USD	The Hongkong & Shanghai Banking Corp. Ltd., Hong Kong	600-702153-230	HSBCHKHH
	China Merchants Bank, Hong Kong	20028939	CMBCHKHH
	Citibank N.A., New York	36153383	CITIUS33
	JPMorgan Chase Bank, New York	544-7-11070	CHASUS33
	Wachovia Bank N.A. New York Int’l Branch	2000191066731	PNBPUS3NNYC
	Deutsche Bank Trust Company Americas	04-409-137	BKTRUS33
	Bank of China, New York	5003-6008178-000-001	BKCHUS33
	Bank of New York, New York	890-0613-831	IRVTUS3N
	Bank of America, New York	65503-90127	BOFAUS3N
EUR	Deutsche Bank AG, Frankfurt	951226010	DEUTDEFF
	Dresdner Bank AG, Frankfurt	8 025 459 00	DRESDEFF
	Bank of China, Frankfurt	1001217007	BKCHDEFF
	Banca Nazional del Lavoro, Rome	265178	BNLIITRR
	Credit Agricole SA	20533713000	AGRIFRPP
GBP	Barclays Bank Plc., London	90257613	BARCGB22
JPY	The Bank of Tokyo-Mitsubishi UFJ ltd.,Tokyo	653-0408069	BOTKJPJT
	Sumitomo Mitsui Banking Corporation	3422	SMBCJPJT
AUD	Australia and New Zealand Banking Corp., Melbourne	315275AUD00001	ANZBAU3M
SGD	Bank of China, Singapore	2101-217-401	BKCHSGSG
CAD	Bank of Montreal, Toronto	3144-1021-052	BOFMCAT2
CHF	UBS AG, Zurich	85579.05 F	UBSWCHZH80A

(The above information is subjected to further updating; please contact the China Merchants Bank before using it.）