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.
We offer Outward and Inward Remittance service.
Upon your instructions, Bank of Nanjing (BoN) will transfer your proceeds through T/T, M/T or D/D to the overseas beneficiary.
To ensure safe and prompt receipt of your funds, we suggest that you request the overseas remitter to send the proceeds through T/T.In a cash-on-delivery cross-boarder trade scenario, you may request the overseas remitter to choose a correspondent bank of BON, and issue a draft drawn on BON as the paying bank.
Please follow Bank of Nanjing Inward International Remittance Guide, and inform the overseas remitter of your account information.
Bank of Nanjing Inward International Remittance Guide
To ensure the prompt receipt of your remittance proceeds, please follow the guide below, and request the overseas remitter to provide the precise pertinent details: For Inward US Dollar Remittance Inward Remittance in Other Currencies