Remittance

Inward Remittance

When you are receiving payment from overseas, you can ask the remitter to wire transfer the funds directly to your account with us. We have prepared a Payment Instruction for you. Just print it out and give it to the remitter. Then, sit back and relax. The remitter's banker should be able to select the most expeditious route to remit the funds to you.

If the remitter is in China, you can ask him/her to purchase a Bank Draft from one of the branches of Bank of China and mail it to you. You can then present the Bank Draft to us for payment.

Payment Instructions

Remittance from a branch of Bank of China Limited in China (USD/CAD):
Ask the remitting branch to send an authenticated SWIFT message (Message type: MT100 or 103) directly to our Toronto Head Office (SWIFT Code: BKCHCATT) or our Vancouver Branch (SWIFT Code: BKCHCATTVAN) with the following details:

Remittance from other banks:
Provide the remitting bank with the following details:

USD:

Field 56A: INTERMEDIARY INSTITUTION:	BANK OF CHINA, NEW YORK BKCHUS33 FW026003269
Field 57A/ACCOUNT WITH INSTITUTION:	BANK OF CHINA (CANADA), TORONTO BKCHCATT UID364913
Field 59: BENEFICIARY CUSTOMER:	Your Account No. and your name

CAD:

Field 56A: INTERMEDIARY INSTITUTION:	ROYAL BANK OF CANADA ROYCCAT2
Field 57A/ACCOUNT WITH INSTITUTION:	BANK OF CHINA (CANADA), TORONTO BKCHCATT
Field 59: BENEFICIARY CUSTOMER:	Your Account No. and your name