Wire transfer is the fastest mode of receiving money in your China Construction Bank (CCB) account from abroad. You can receive money into your China Construction Bank account from a foreign country via International wire transfer. The transaction is initiated by the sender through a financial institution, however, you need to provide your banking details to the sender for successful transfer of money.

International Wire Transfer to China Construction Bank

International wire transfer is one of the fastest way to receive money from foreign countries. Banks use SWIFT network for exchanging messages required for performing international wire transfer. Usually, the receiving bank (in China) and the sending bank (in other country) need to have a direct arrangement in place to start the swift transfer – this is sometimes referred to as correspondent banking.

Incoming International Wire Transfer Instructions

To receive international wire transfer in your China Construction Bank account, please provide the following wire instructions to the sending financial institution:

Bank Name:	China Construction Bank
SWIFT BIC Code for China Construction Bank:	For China Construction Bank, this code is CCBQHKAX
Beneficiary Account Number:	Your complete China Construction Bank account number (including leading zeros, if any)
Beneficiary Name:	The full name of your account as it appears on your statement
Beneficiary Address:	Your complete address

Note of Caution on Fees: If your money transfer involves currency conversion, there is a high chance you will get a poor exchange rate from the banks and as a result pay high hidden fees. We recommend services like TransferWise for getting best conversion rates and lower wire transfer fees.

Outgoing International Wire Transfer Instructions

To send international wire transfer from your China Construction Bank account, You need to know the following information about the person or company receiving the money:

1. The recipient’s account name and address
2. The recipient’s IBAN or account number
3. The name and address of recipient’s bank – including the BIC (Business Identifier Code) / SWIFT code / clearing code

Incoming Wire Transfer Fees for China Construction Bank China

International Incoming Wire Transfer Fees for China Construction Bank is as follows:

Payment type	Cost
Inward Remittance	HKD50 per transaction

Outgoing Wire Transfer Fees for China Construction Bank China

International Outgoing Wire Transfer Fees for China Construction Bank is as follows:

Payment type	Cost
Outward Remittance Through Internet	Nill
For PREMIER SELECT Customers	HKD50 for each RMB remittance

Apart from the wire transfer fees, if the transfer involves currency conversion, banks make money on currency conversion as well by giving retail conversion rates to you which is usually 1-2% lower than the market rate. We recommend using services like TransferWise for getting best conversion rates with lower wire transfer fees.

Wire Transfer Cutoff Time for China Construction Bank China

1. The Cut-off Times for China Construction Bank is 6pm for both Incoming and Outgoing Wire Transfers.
2. Any requests received after cutoff time will normally be processed the next working day.