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Under what conditions can funds be wired to Mainland China? |
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As required by CBC (Central Bank of China), wire transfers from Taiwan to Mainland China must follow the below conditions: |
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Personal support or gift to relatives. |
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Firms that “export from Mainland China but negotiate in Taiwan” may not wire amounts higher than the negotiated amount. |
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Wire to Mainland China that has been approved by competent authority in conjunction with the Mainland Affairs Council of the Executive Yuan. |
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Mainland China Remittance through Bank SinoPac - The most expedient and secure! |
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The most expedient Bank SinoPac works in conjunction with the Far East National Bank (US) in transferring funds to Mainland China fast. The Far East National Bank has signed a cooperation agreement with the Bank of China to utilize Bank of China’s vast wire channels to notify the recipient bank or the recipient directly of transfer confirmations. |
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The most secure The Far East National Bank branch in Beijing answer any inquiry about the wire and provide the necessary assistance. |
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Information required to wire funds to Mainland China? |
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Completed wire application - in Chinese or English. |
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Recipient's address, account title, account number, and name of recipient bank. |
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If information of the recipient bank is unavailable, provide the full address and telephone number of the recipient. |
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