RHB Bank’s China Remittance Service is now able to cater in both US Dollars and Renminbi to any part of China and to any bank in China. Your remittances will be processed by RHB Bank and Bank of China (Malaysia) through a China payment partnership program specially designed to meet your requirements.

Services

Renminbi Remittances

RHB Bank is now introducing its Renminbi payment services to China with the following important features:

• Maximum amount per transaction - CNY 70,000.
• Renminbi remittances restricted to individuals only for both applicant and beneficiary.
• Remittances falling under trade transactions are not allowed.
• Renminbi payments to residents in Mainland China only.
• Refunds/cancellations will be converted from US Dollar to Ringgit Malaysia.

Chinese Characters

• Beneficiary details in Chinese Characters are acceptable.
• For remittances in US Dollars only.

Beneficiary must maintain an account with any of Bank of China branches in China.

Benefits

AFFORDABLE: Lower payment charges as compared to other service providers.

FAST: Beneficiary receives funds on the same day that you remit subject to cut-off time.

REWARDING: Processing fee for the 7th remittance will be waived after every 6th remittances to China, valued at Ringgit Malaysia 2,000 equivalent and above each. For entitlement of this waiver, kindly present our loyalty card attached for our certification.

Click here for information in Chinese.**   

For more information please call RHB PhoneBanking at 03-92068118 for Peninsular Malaysia (available 24 hours, 7 days a week), 082-276118 for Sabah and Sarawak

* the details of the beneficiary is in Chinese Character provided they maintain an account with any of Bank of China’s 13,000 branches in China.

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