Product Name

Inward Remittance

Product Description

The Bank can accept inward remittance in SEK, EUR, USD, and CNY, without commission for crediting.

Procedure

The customer shall open a current account in the related foreign currency with the Bank, and then inform the remitter abroad of the account name, such as:

1. Bank’s name in English: BANK OF CHINA LUXEMBOURG BRANCH and SWIFT code of the bank: BKCHLULLXXX;

2. Name and address of the holder of the account;

3. IBAN account number.

Notes:

The amount of the remittance received may be less than the original amount of remittance, because an intermediary bank may deduct its fees.

If a remitting bank does not have an account relationship with the Bank, a remittance may be transferred to the Bank via one or through several intermediary banks. Each intermediary bank may deduct a service charge when handling the transfer. Therefore, the amount of the remittance received may be less than the original amount of remittance.

For some inward remittance we may ask you to provide supporting documents for background checking.