INWARD REMITTANCE
Introduction
Inward remittance refers to the service provided by the Bank to receive remitted money from other banks.
FEATURES
- Available currencies include: USD, RMB, EUR and THB.
- Funds from banks all over the world can be received without amount limit.
Target Customers
- Any customer having a demand deposit account in the Bank can apply for the service with valid identity document.
Procedure
To receive funds from an overseas party via T/T, Please provide them with the following details:
- Account Holder Name (as in the passbook)
- Account Number (as in the passbook)
- Name of Beneficiary Bank: BANK OF CHINA LIMITED VIENTIANE BRANCH
- Address of Beneficiary Bank: VIENTIANE CENTER, KHOUVIENG ROAD NONGCHAN VILLAGE, SISATTANAK DISTRICT, VIENTIANE CAPITAL, LAO P.D.R
- SWIFT Code:BKCHLALAXXX
Required Documents
- Customers of the bank: Submitting information of the receiver’s name and account with no documents required;
- Customers of other banks: Opening an account with the bank first.
Tips
- The amount of telegraphic transfer T/T received might less than the original; amount if the remittance bank and payee bank do not have account relationship between banks;