Deposit & Account Services
Deposit & FX Rates
Remittance
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Outward Remittance
Outward Remittance
1.
Demand Draft
2.
Telegraphic Transfer
3.
Payment Order (Local)
1. Demand Draft
A cheque payable to particular beneficiary drawn on our correspondent bank
In any major currency for any amount
Payment guaranteed by the issuing bank
An inexpensive and simple methods of funds transfer
A secure form of payment as the demand draft is payable to the specified payee
Re-purchasable and refundable if lost
To facilitate payments on a regular basis by means of a standing instruction
2. Telegraphic Transfer
The most efficient means with the payment instruction transmitted by telex/SWIFT
In any major currency for any amount
A fast and accurate way to transfer funds abroad
A secure way of remitting funds of substantial amounts payable to a specific beneficiary
To facilitate payments on a regular basis by means of a standing instruction
3. Payment Order (Local)
The issuance of a local payment order to the recipient Bank either by SWIFT or by mail
A fast way to expedite the receipt of funds
To facilitate payments on a regular basis by means of a standing instruction
Enquiry Hotline: (852) 2211 1333