These are the Steps And Procedures to follow if you want to perform the Bank Of China Online Money Transfer.
Requirements to transfer money online with Bank Of China
- An internet connection
- A device to access the Bank Of China Banking portal
- Bank Of China bank account
- You need to be a Bank Of China Internet Banking customer
- Recipient’s bank account number
Check out How To Open a Bank Of China Account if you would like to open an account or simply see all the Documents Needed To Open a Bank Of China Account.
Bank Of China Online Money Transfer Steps And Procedures
1. Access the Bank Of China online banking portal by logging in.
Visit your Bank Of China’s website or app. Choose “online banking.” Go through the home screen of your bank’s website and select the “personal online banking” option. If you do not see the words “online banking,” simply search for the “login” button. Download the bank’s BOC Mobile Banking APP to your internet-connected smartphone from either the Play Store or App Store.
See How to Download And Register For Bank Of China Mobile App For iOS
2. After choosing “Payment & transfers,”
Select the kind of transfer you wish to make: bill payments, including credit card bills and billing companies; international transfers without commission or cable costs; or local transfers.
3. Next, select one destination account by clicking on it, and then click “Add account.”
It is the bank that is to receive the last payment order in a payment transaction. See Bank Of China Credit Card Types And Differences
4. Enter the beneficiary bank’s SWIFT code
Most banks include their SWIFT code in customer account details and on their mobile apps, websites, and statements. Otherwise, you can request
5. Put the recipient’s bank account information in there
The amount of funds that you wish to transfer. The account number of your receiver. A payment reference, which is often your name so the recipient knows where the money came from.
6. Make sure all the information is accurate
Go over all the information have typed to make sure they are correct. In the event of any mistake, the bank has very little control over it. Check out the How To Register For Bank Of China Mobile Banking
7. Give the transaction your approval
After confirmation, the money will be sent using the chosen method and ought to show up in the recipient’s account appropriately.
Note that the Bank of China Singapore international transfers have a 0.125% transfer fee (minimum 10 SGD, maximum 100 SGD), exchange rate markup, and cable charges. Additional agent bank charges may apply
If you have any questions, leave them in the comment section or use the Bank Of China Customer Service Number to contact them.