Cross-border Payment Service - ICBC (Asia)
Cross-border Payment Service
With international banking network of ICBC Group, ICBC (Asia) provides you with cross-border payment services in a secure, fast and convenient way to meet your payment needs in your overseas business.
ICBC (Asia) Express
With international banking network of ICBC Group, ICBC (Asia) Express offers a secure, fast and convenient remittance services around the world. ICBC (Asia) can help you achieve a convenient international payments within the ICBC group network at a lower cost.
Fast
Beneficiary can receive funds as soon as in the same day, since the payment instruction is sent to the receiving bank as soon as in 10 minutes*.
Extensive Branch Network
With ICBC Express, beneficiary will receive funds via our extensive branch network, including more than 15,000 branches^ in Mainland China and multiple overseas designations.
| Countries/Areas eligible for ICBC Express | ||||
| Country/Area | Area Code | ICBC Branch | USD | HKD |
| Mainland China | 0 | ICBC | ||
| Macau | 119 | ICBC Macau | ||
| Singapore | 103 | Singapore Branch | ||
| Indonesia | 120 | ICBC Indonesia | ||
| Holland | 164 | Amsterdam Branch | ||
| Japan | 105 | Tokyo Branch | ||
| Malaysia | 129 | ICBC Malaysia | ||
| Pakistan | 6001 | Karachi Branch | ||
| Australia | 125 | Sydney Branch | ||
| Korea | 106 | Seoul Branch | ||
| Vietnam | 127 | Hanoi Branch | ||
| Laos | 6005 | Vientiane Branch | ||
| Cambodia | 6008 | Phnom Penh Branch | ||
| Qatar | 121 | Doha Branch | ||
| The United Arab Emirates | 122 | ICBC Middle East | ||
| 128 | Abu Dhabi Branch | |||
| Kazakhstan | 109 | ICBC Alma-Ata | ||
| Russia | 123 | ICBC Moscow | ||
| France | 160 | Paris Branch | ||
| Belgium | 161 | Brussels Branch | ||
| Italy | 162 | Milan Branch | ||
| Spain | 163 | Madrid Branch | ||
| Thailand | 165 | ICBC Thailand | ||
| India | 166 | Mumbai Branch | ||
| Canada | 167 | ICBC Canada | ||
| The UK | 115 | ICBC London | ||
Express Remittance to Mainland China
With ICBC head office’s extensive branch network, ICBC (Asia) provides a secure, fast and convenient Express Remittance services to Mainland China to settle your HKD and USD.
Features & Benefits
- With direct and Speedy payment channels, and also the international banking network of ICBC Group, you can enjoy same day credit for inward remittances and optimize your funding capability.
USD Full Value Service
With USD full value service, remitter can choose to pay all overseas and/or correspondent charges without deducting funds from the payment amount, ensuring your beneficiary received full value amount. This can be commonly used in reservation booking, and fulfilling contractual payments.
Features & Benefits
- Charges will be collected in advance, which allow you to make payment in USD at the designated amount as set in your instruction.
- You can also check your payment status via online/mobile banking, providing you more visibility with regards to your payment transfer.
Cross-border Remittance for RMB
With the advantages of ICBC Group as RMB clearing bank in many countries and the qualified direct participant of the Cross-border Interbank Payment System (CIPS) of ICBC (Asia), ICBC (Asia) supports you to transfer funds with high level of security via convenient and efficient RMB remittance services.
Features & Benefits
- ICBC (Asia) performs Funds Settlement and Message Exchange in ALL-IN-ONE system, without wasting time in middle processing steps, providing you a secure and efficient channel to manage your payments seamlessly. Online and offline RMB Settlement Services are both supported.
Telegraphic Transfer (TT)
With international banking network of ICBC Group, ICBC (Asia) currently supports remittance services for a variety of foreign currencies and offers overseas payment enquiry services with coverage of more countries and regions.
Features & Benefits
- Overseas transfer services via our secured bank-to-bank networks with coverage of more countries and regions.
- One-stop services, supportting your transactions in a variety of foreign currencies#.
*This may vary depending on the beneficiary bank and relevant policies and guildines.
^Countries/Areas eligible for ICBC Express are listed as below.
#Currently support 11 currencies through ICBC (Asia) online banking; and 19 currencies at ICBC (Asia) branches.
