CNY

♦ Local Settlement

Delivery Time: Instant arrival

Beneficiary Information

• Full Beneficiary Name

• Beneficiary Country

• Beneficiary Address:  (Zip Code, Street, City, Province or State).

Beneficiary Bank Details

• Beneficiary Account Number

• Purpose of Payment

Possible Purpose: Advertising Fees, Expense Reimbursement, Financial Services, Legal Services, Medical Reimbursement, Payroll, Processing, Trade Related Services, Transaction between Banks, Transportation Costs, Travel Related Services, Personal, Other.

♦  ADDITIONAL CONSIDERATIONS:

For payments to individuals specific payment reason should accompany the payment as ‘paying invoice’ or ‘Purchase of goods’ is only acceptable for corporations.

Payments to non-resident beneficiaries are heavily restricted and subject to local regulations which may or may not permit the payment.