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| Outward Remittance |
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| 1. Demand Draft |
- A cheque payable to particular beneficiary drawn on our
correspondent bank
- In HKD or USD
- Payment guaranteed by the issuing bank
- An inexpensive and simple methods of funds transfer
- A secure form of payment as the demand draft is payable
to the specified payee
- Re-purchasable and refundable if lost
- To facilitate payments on a regular basis by means of
a standing instruction
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| 2. Telegraphic Transfer |
- The most efficient means with the payment instruction
transmitted by telex/SWIFT
- In any major currency for any amount
- A fast and accurate way to transfer funds abroad
- A secure way of remitting funds of substantial amounts
payable to a specific beneficiary
- To facilitate payments on a regular basis by means of
a standing instruction
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| 3. Payment Order (Local) |
- The issuance of a local payment order to the recipient
Bank either by SWIFT or by mail
- A fast way to expedite the receipt of funds
- To facilitate payments on a regular basis by means of
a standing instruction
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