You will need to fill out the "Foreign Remittance Form" with detailed information about the beneficiary and submit the completed form to a XacBank employee. Alternatively, you can fill and submit the form throughout mobile phone and internet banking services.
Detailed information about the beneficiary, including bank information, account number, full address, phone number, and remittance purpose must be filled in accurately and legibly. Inaccurate, incorrect, or incomplete information may cause the remittance to be delayed or canceled.
For Chinese RMB/CNY remittance, it is required to provide the beneficiary’s name and bank information in Chinese characters. Exception: Chinese characters are not required for following cases:
Remittance to Erlian city branches;
Remittance to Agricultural Bank of China accounts.
For European and Caribbean EUR remittances, the IBAN /International Bank Account Number/ is required.
