submit material:
Submit corresponding materials according to the specific purpose and nature of the remittance.
Handling process:
1. The remitter submits an application to our bank and submits the corresponding materials according to the specific purpose and nature of the remittance.
2. After review, our bank will send a telegram of remittance instruction (under wire transfer) or instruction letter (under mail transfer) to the correspondent bank, or issue a draft (under draft transfer) and deliver it to the remitter.
3. Under wire transfer or mail transfer, the correspondent bank will follow the instructions of our bank to settle the remittance to the beneficiary.
4. Under draft remittance, the remitter will deliver the draft to the beneficiary, and the beneficiary will present the draft to the paying bank indicated on the draft, and the paying bank will settle the remittance to the beneficiary.
