Is there a limit on the amount of remittance?
When making large remittances, the maximum amount of a single remittance can be up to 5 million USD. However, to avoid bank scrutiny and affect the speed of arrival, we recommend that each remittance amount does not exceed 1 million USD. If it exceeds 1 m
Published on 2024-09-12
What can I put in the Remittance Note? How do I submit and amend a remittance advice?
A remittance cover note is used to convey additional information and is usually limited to English letters, numbers and basic punctuation, with a character limit of between 20 and 35 characters. The message can be filled in when submitting the remittance,
Published on 2024-09-06
How long does it take for the bank to review?
The time required for bank review varies due to various factors, generally 1-10 working days, including specific bank policies, the complexity of the review, the completeness and accuracy of the required information, etc.
Published on 2024-08-20