If customers request to remit their funds from Korea to China, we transfer the funds to head quarter's account with Seoul branch in real time and send massages to beneficiary's branches or offices in accordance with the beneficiary's account number, using the automatic head quarter's newest DCC system automatically. Just in 24 hours, the remitted money can be either withdrawn from CCB's local branches or transferred to the remittee's account in CCB's local branches.
1) Fast and reliable
Our fast and reliable service brings customer satisfaction to a higher level because we transfer their funds to beneficiary's branches or offices within 24 hours, using the head quarter's newest DCC system which sorts remittance massages and distributes these to related local china branches or offices in accordance with the beneficiary's account number.
2) Save remittance fee
USD 15~20 will be saved if remittances from Korea to China are directly through CCB Seoul branch than going through local Korea banks. No need to pay extra charges for an intermediary bank. Beneficiary receives the funds without deduction. Also we offer the best exchange rate applied for a market rate at the moment customers request to remit.
3) Efficient Problem Solving Capacity
- real time communication line with local china branches, preparing unexpected problem such as pending due to inaccurate beneficiary information.
- Korean Chinese translation service
4) SMS Service
Give customers a call when the funds arrive at local china branches.
5) Convenient remittance at local bank near you are.
If you can not visit our Seoul branch, visit any branches of Kookmim Bank ,Korea Exchange Bank, Industrial Bank of Korea, Shinhan Bank, Jeonbuk Bank which is our agreement bank. Remittance can be credited to beneficiary's account within 24 hours same as using our "Real time Remittance System"
1) Present an application form with required documents to the counter.
2) If you want to convert Korean won to US dollars, we offer the best exchange rate applied for a market rate.
(If you pay US dollars, you will be charged as of 1.5% of principal amount)
3) emittance will be credited to the beneficiary's account within 24 hours.
Personal
- Identification card (passport or alien registration card, resident registration card or driver's license)
- Application form (available at the counter)
Corporate
- a copy of business registration
- a seal certification
- a letter of attorney
- a copy of attorney's identification card
- application form (available at the counter)
- other remittance evidence
1) Foreign Worker : can remit the funds up to the amount equivalent to U$50,000 yearly without evidence for the purpose of salary remittance or overseas travel expenses by credit card etc.
2) Korean Residents : can remit the funds up to the amount equivalent to U$50,000 yearly without evidence after designating the correspondent bank. In case of exceeding U$50,000, the relative documents testifying remittance reason & amount should be required. 3) In case of remittance exceeding U$10,000 per year and exceeding U$1,000 per transaction, the details of remittance will be reported to the office of National Tax Administration and Financial Supervisory Service respectively. 4) To avoid any problem as like remittance pending and so on, an accurate beneficiary's account number, name, contact number is necessary
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