Foreign Exchange Service

No.          Service Item  Charging Rate  Preferential Measures  Services  Remarks 
000317 Dishonor of clean bill for collection RMB 50 each transaction   If the clean bill for collection is refused overseas, an application for dishonor of the clean bill may be made overseas.  
000318 Outward remittance Retail customers:

It will be charged at the rate of 0.1% of the remittance.
Down to RMB 50 and up to RMB 200 will be charged for each transaction of overseas remittance, and the SWIFT telecommunication fees and oversea banking charges will be collected separately.
Down to RMB 20 and up to RMB 100 will be charged for each transaction of domestic remittance.
(upon the remittance from a cash account, cash arbitrage fee will be charged at the conversion percentage of foreign exchange rate announced on the current day)
Retail customers:

Remittance charge: VIP customers may enjoy concession/exemption i.e. the diamond, niello and platinum customers may enjoy exemption and gold card users may enjoy 50% discount, which extends till December 31, 2017. Such concession/exemption is not applicable to other fees, such as communication fee, arbitrage fee and those charged by overseas banks.
The remitter entrusts IB to make payment to payee at home or abroad.  
Organization clients:

It will be charged at the rate of 0.1% of the remittance.
Down to RMB 50 and up to RMB 1,000 will be charged for each transaction of overseas remittance, and the charges of other banks and telecommunication fees collected by the bank as an agency will be collected from customers.
Down to RMB 20 and up to RMB 200 will be charged for each transaction of remittance at home.
 
000319 Local mail transfer
It will be charged at the rate of 0.1% of the remittance. Down to RMB 50 and up to RMB 200 for each transaction.
  The remitter entrusts our bank to make payment locally by way of letter (the local scope will follow the definition of and classifying standard for local area by the local People’s Bank of China). Applicable to Beijing regionRetail customers:
Upon the remittance from a cash account, cash arbitrage fee will be charged at the conversion percentage of foreign exchange rate announced on the current day.
000320 Inquiry of outward remittance RMB 100 each time for inquiring the remittance within three months, RMB 200 each time for inquiring the remittance more than 3 months and not more than six months, RMB 300 each time for inquiring the remittance above six months; the SWIFT telecommunication fees and oversea banking charges will be collected additionally.   To handle the inquiry about outward remittance for customers. Organization clients:

The telecommunication fees and oversea banking charges will be collected from customers separately.
000321 Modification of remittance instruction/countermand and return of remittance RMB 100 each transaction, with the SWIFT telecommunication fees and oversea banking charges collected separately.   Modification of remittance instruction/cancellation and return of remittance  
000322 Transfer of inward remittance RMB 100 per transaction, but free of charge for the amount of remittance below USD 100.   Remittance transfer. The beneficiary of the clean bill for collection requires transfer: it will charged at the rate (the beneficiary of the clean bill for collection requires transfer regarding the paid notes) if paid already
000323 Re-exchange of inward remittance RMB 100 per transaction plus the telecommunication fees; no handling charges, but only the telecommunication fees for the amount of remittance below USD  100. If the charges are borne by the original remitter, USD 35 per transaction (including the telecommunication fees) will be deducted from the amount of remittance.   Return of remitted money. The beneficiary of the clean bill for collection requires re-exchange:  it will charged at the rate (the beneficiary of the clean bill for collection requires re-exchange regarding the paid notes) if paid already
000324 “Full-amount arrival” of foreign exchange remittance It will be charged at the rate for outward remittance and fees charged by foreign correspondent banks (only for USD  remittance).   The remittance business where the overseas payee is guaranteed to receive the remitted principal in full.  
000325 Communication fees Retail customers:

Telecommunication fees: RMB 100 per transaction, and USD 25 per transaction from another bank or the beneficiary;Mailing (common registered mail or EMS): It will be charged according to the rate of charges of the express delivery supplier or the post office.
  Retail customers:

To send various messages or deliver various documents outwards as applied by customers.
 
Organization clients:

Telecommunication fees for cabled letter of credit: RMB 200 per transaction; Telecommunication fees:  RMB 100 per transaction, and USD 25 per transaction from another bank or the beneficiary; Mailing (common registered mail or EMS):  It will be charged according to the rate of charges of the express delivery supplier or the post office; Electronic transfer fees for export factoring: Upon paying the commissions to the import factor, the cost of agency bank (transfer charge) that needs to be borne by the bank will be collected according to the actual amount; Postage for export factoring: If the bank mails any documents for the customer, postage will be charged according to the actual amount.
  Organization clients:

1. Telecommunication fees for cabled letter of credit: As required by a customer, our bank issues an outward letter of credit in an electronic way; 2. Telecommunication fees/mailing: To send various messages or deliver various documents outwards as applied by customers; 3. Electronic transfer fees for export factoring/postage:To provide electronic transfer or mailing service for customers to export goods.
 
000326 Cash for traveler’s check 0.75% of the cashed amount
  Our bank advances money for customers to cash for traveler’s checks.  
000327 Agency sale of traveler’s check 5‰ of the par value   To sell traveler’s checks on behalf of the issuers of traveler’s checks.  
000328 Compensation for loss report of traveler’s check USD 15 per transaction   To handle the refund or re-issuance for the loss report of traveler’s checks.  
000329 Acceptance of pledge Telecommunication fees plus the actual acceptance charges of another bank; RMB 100 per transaction for the acceptance of pledge for another bank.   Verify the cipher to check the authenticity of a message.  
000330 Inquiry/collection expediting RMB 100 for each transaction; USD 30 for each transaction overseas. The charges incurred for reasons attributable to the bank can be exempted.   To provide inquiry and collection expediting for customers.  
000331 Loss report and countermand for foreign currency bill RMB 100 each transaction   To handle loss report and countermand for foreign currency bill.  

Notes: 1. The services listed in the price list are both applicable to retail customers and institutional customers.

2. Changes to the charging rates and preferential policies of service items are subject to our latest notice.

3. If the local charging administration authorities set down unified prices for the above charging items, the branches in question may follow the relevant provisions.

4. The currency of price in all charging standards is RMB unless otherwise indicated.

5. Complaint hotline: “95561”; complaint email: “95561@cib.com.cn”; approach of written complaint: “Official Wechat Service Account of IB”.