Overview
Seoul Branch offers convenient foreign currency outward remittance service for corporate customers. Particularly, through ABC’s extensive network in China, the money transferred to China can arrive in the next day.
Features
- Outward remittance in multiple foerign currencies
- Simple procedures, timely payment
- The money transferred to ABC’s branches in China can arrive in the next day
Procedures
- Fill out the Outward Remittance Application
- The customer submits outward remittance materials specified in the Foreign Exchange Transactions Act of South Korea
- Exchange into the foreign currency according to the customer’s need
- Send money to the payee through the shortest remittance route
Charges
- Handling Fee: 0.1% of the remittance amount, with a minimum of WON8,000 and a maximum of WON20,000
- SWIFT charge: WON7,000
Certificates
- Corporate customers: corporate registration certificate, corporate seal, seal certificate, power of attorney, etc.
Required Information
- Payee Information (name, ID number, address, account number, telephone number)
- Beneficiary Bank (SWIFT CODE, specific name of the Branch Office)
Contact: 0082-2-3788-3933, 0082-2-3788-3967