Product Name

Inward Remittance

Product Description

The Bank can accepts inward remittance in EUR, USD，CNY，GBP，HKD, and CHF, without commission for crediting.

Procedure

The Customer shall open a current account in the related foreign currency with the Bank, and then inform the remitter abroad of the account name, such as:

1. Bank’s name in English: BANK OF CHINA LUXEMBOURG BRANCH and SWIFT code of the bank : BKCHLULLXXX;

2. name of the holder of the account; and

3. IBAN account number.

Notes:

The amount of the remittance received may be less than the original amount of remittance, because an intermediary bank may deduct its fees.

If a remitting bank does not have an account relationship with the Bank, a remittance may be transferred to the Bank via one or through several intermediary banks. Each intermediary bank may deduct a service charge when handling the transfer. Therefore, the amount of the remittance received may be less than the original amount of remittance.