ICBC transfer fees vary depending on the sending and receiving country. How do ICBC transfer fees compare to using a money transfer provider? Information about the variability of transfer fees based on the total amount sent is not available and we recommend users directly contact the bank to find out more. No other charges accompany the transfer fees according to the schedule of fees posted at each ICBC country branch. The available methods of transfer influence the variation in transfer fees. ICBC charges different transfer fees depending on the location of a customer’s ICBC branch.įor example, an international transfer from an ICBC account located in Hong Kong, costs 80 - 150 HKD per transaction conversely, an international transfer sent from an ICBC account in Macau will cost 60 HKD per transaction.Īn international transfer from ICBC Canada costs 35 - 90 CAD per transaction whereas an international transfer from ICBC Malaysia costs 2 - 30 MYR per transaction. Specialist companies in the remittance industry offer more flexible solutions such as spot and forward contracts. The conversion rates adjust to the real-time market rates at the time of conversion so it is not possible to receive an accurate quote ahead of time. However, customers must be cautious when using the conversion rates displayed on the ICBC website because those are for reference purposes only. ICBC facilitates all major currencies, such as USD, EUR and GBP. ICBC displays all exchange rates online for customers to review ahead of time. Information about ICBC foreign exchange and fee structures can be found online, and is a great way of learning how the bank compares to alternative operators, to understand what provider best fits your needs. Sending money abroad can be done through these channels once logged in. Mobile and internet banking can be carried out using any compatible device, as long as customers have verified their banking credentials with ICBC. Customers visiting a branch can also receive help on sending money abroad, with support available for those weighing up their money transfer options. There are three primary ways to send money with ICBC: through its branches and through mobile and internet banking.Ĭustomers can visit an ICBC branch for help with opening an account and avail of debit or credit cards linked to their accounts. Since ICBC has branches worldwide, the means for sending money when you bank with them can vary per country and branch. ICBC provides international bank transfer service for customers interested in moving money overseas. South Georgia and the South Sandwich IslandsĬan I Use ICBC for International Bank Transfers?.
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