Services & Products

Night Shift Service

To Better serve our customers in Asia, especially in China, Bank of China New York Branch launched Night Shift Service on March 1st, 2007 to provide our customers with clearing services during New York night time. Night Shift Service offers customers with bilingual (Chinese and English) inquiry service, takes care of payments which have special requirements and handles all kinds of remittances on a real time basis, such as special requirement remittance, China Domestic Remittance, Asia Remittance, Taiwan Remittance and Priority Remittance. Bank of China New York Branch is the only bank in America that provides 24hours online clearing service.

Night Shift Business Hours:  

Sunday to Thursday   10:00pm--6:00pm    New York Daylight Saving Time

Monday to Friday       10:00am--6:00pm    Beijing Time

China Domestic Service

To deal with the time difference problem, Bank of China Head office established a dedicated U.S.Dollar Service Team in Beijing in January 2003 by streamlining the operations of domestic and overseas branches. This team provides such services as Account Balance inquiry (e.g. real time balance, previous day's credit/debit volume. Overdraft amount and other account information).Payment Transaction Inquiry, Correspondent Bank Information Inquiry, and Management and Transmission of Inquiry Messages. These services are convenient, safe, up-to-date and best of all, free of charge.

Intermediary Selection Service

When a remitting bank has difficulty deciding which intermediary bank to use, Bank of China New York can offer its help. We have accumulated extensive experience over years of service in selecting intermediary banks for remitting banks from China. In addition, our clearing system is capable of sorting out the correspondent banks for a receiving bank through its online connections to CHIPS and FEDWIRE database.  The timeliness of this service is warranted by the Night Shift Service introduced earlier.

Operational Requirement: Banks in Asia can consult with us by phone, telex or fax beforehand, or enter ’D’ in Field 56 or 57 in MT103/MT202 or leave them blank, thus entrusting Bank of China New York Branch to select an appropriate intermediary bank.

RMB Remittance

RMB Remittance enables the remitter to know exactly how much RMB the beneficiary will receive at the time the payment is issued, which eliminates foreign exchange risk and the un-certainty about the RMB amount to be received. Bank of China New York Branch is the only bank providing this service in the U.S. with Chinese government's authorization.

Operation Requirement: The remitting banks(outside China),which have signed the service agreement with Bank of China New York Branch, can choose BKCHUS33 as SWIFT Receiving Bank or CHIPS ABA0326 as CHIPS Receiving Bank or Fedwire routing number 026003269 as Fedwire Receiving Bank and enter the designate code words to utilize this service. Please refer to the service agreement for details.

For those customers who have account with BOC USA, Please follow below link for Personal Remittance details

http://www.bocusa.com/portal/Layer2?id=193&lang=1&

Wire Express

In order to better serve our clients, Bank of China New York Branch recently launched a new E-mail Notification service in addition to the SMS( Short Message Service) Notification services.

When you conduct remittance business via our bank, the payee of the remittance will have the option to receive either SMS or Email Notification or both services. This free service is available to all the subscribers of China Mobile and China Unicom and customers with most commonly email addresses.

To better use the BOC Wire Express service, please refer to the following manual.     

·      The remitter should provide his/her remitting bank with payee's correct mobile phone number in China or E-mail address or both when filling out the remittance application form; 

·      Ask the remitting bank to input such information in Field 70 of SWIFTF MT 103 or Field OBI of Fedwire/CHIPS(" Remittance Information"field) in the payment order to Bank of China New York Branch ( SWIFT BIC BKCHUS33). Our Clearing system will send an instant SMS/e-mail notification message upon receiving the payment order from the remitting bank. 

·     Each mobile phone number and e-mail address should take a separate line in the " Remittance Information"field. The symbol"@"in the e-mail address should be replaced by "+"; For example,if a payee’s mobile phone number is 12345678901 and e-mail address is aabbccdd@aabbccdd.com,they should be input in the payment order as follows:

Please do not add a slash"/" before the phone number or e-mail address, nor place these two pieces of information in one line. The following inputs both are incorrect.  

Example1:  /12345678901

/ aabbccdd+aabbccdd.com

Example2: 12345678901   aabbccdd+aabbccdd.com    

·      The Notification message is in Chinese and the content is as follows:

“Hello, (the remitter's name) has wired a remittance to you via Bank of China New York Branch on Month/Day, Year. Please inquire with your bank. Thank you.”

·      To ensure that the remittance notification will reach the right payee on time,the remitter should provide the remitting bank with payee's correct mobile phone number(China only) and/or e-mail address when filling out the remittance form.

Bank of China New York Branch will not take any responsibility for any dispute, claim or compensation as a result of notification message caused by incorrect information provided by the remitter.

Bank of China New York Branch reserves the right to interpret and make changes to the terms and conditions under which the BOC Wire Express service is offered.

Asia Remittance

All Qualified messages of remittance to countries and regions in Asia will be processed automatically and immediately or by our system. If the SWIFT instruction is not qualified or our bank is instructed to select an intermediary bank, our day time and night shift staff will process it in a timely manner to ensure that the fund will be received by the beneficiary's bank on a real time basis. This service is available to all the beneficiary banks in China or any other Asian countries or regions without additional or fee charges.

Taiwan Remittance

Through the cooperation of correspondent banks, Bank of China New York branch channels mainland Chinese customers' remittance to Taiwan. The whole process is automated with the guarantee of receipt of fund on the same day value Beijing time. The charge of this service is very competitive.

Operational Requirement: The remitting bank in China should enter a preset code in field 72 of MT103/202(under trade). The details are: Bank to Bank information 72: /TAIW/"/TAIW/"should be placed at the beginning of the first line in Field 72 while leaving Field 56 of MT 103/202 blank.

Full-Pay Service:

Full-Pay Service ensures that a customer's remittance is received in full by the beneficiary. It consists of two parts:

1.   All the branches and subsidiaries of BOC group can opt to send SWIFT remittance instructions with an entry of '/our/' in field 71 if the receiving bank is located in China, such as Chinese commercial banks and policy banks, Bank of China New York Branch will not deduct any fees from the remittance proceeds, except a nominal fee from the remitting bank's account.

2.   For all the other remittances requiring full payment, the remitting bank should enter"/FULLPAY/" in Field 72 of the SWIFT remittance instruction. Our bank will work with our correspondent banks to ensure no deduction from the remittance proceeds throughout the whole process and the receipt of the remittance in full by the beneficiary. As the arrangements and requirements vary among correspondent banks who act as intermediaries.

Please refer all your questions to Clearing Department of Bank of China New York Branch when using this service.

Payment at Request:

This service is launched to meet  customers' ad hoc,often unique requests. For example, it is not uncommon for a customer to ask our bank to hold off a remittance temporarily until further instructions such as making the payment or cancelling it.

Operational Requirement:For remittances that require special attention,enter"/HOLD/" at the beginning of the first line in Field 72 of MT103/MT 202.Our system will place the remittance in a special queue pending further actions according to the remitting bank's request and process it upon the arrival of the instructions. If the remitting bank requests Bank of China New York Branch to release or amend the MT 103/MT 202 after it is sent and received, the bank is required to send an MT199/MT299 to confirm the action to be in compliance with our internal control requirements.

Payment with Priority:

At times customers may need to make a payment very urgently due to various reasons, such as trade and money market transactions, fund deployment and transfers. Under such circumstances, all you have to do is enter"PRIO/" in Field 72 of the SWIFT instruction. Our clearing system will automatically place this payment at the front of any of the following three queues-CHIPS,FEDWIRE and internal book transfer system.

Operational Requirement: For payments that need to be processed with priority, please enter"PRIO/" at the beginning of the first line in Field 72 of MT 103/202. Our system will automatically place those payment instructions with"/PRIO/" in Field 72 to the priority list and complete those payments ahead of others.

Should the customer need to know the status of the remittance at any time, they can check it up in our GPIS system or contact our day time and night shift staff.

Inquiry through Internet:

Bank of China New York Branch provides financial institution customers with the GPIS, an online inquiry system to allow them to check the processing status of their payments on a real time basis.

Customized Service Charges:

Bank of China New York branch has a flexible fee structure and can provide customized fee schedules according to customer needs:

·      Differentiate the fees on outgoing and incoming payments

·      Differentiate the fees on MT103 and MT202( Payment under Trade)

·      Set the fees according to payment amount

·      Set the fees according to remittance business volume

美元清算产品和服务

夜间服务 （Night Shift Service）

为了更好地为国内，亚洲客户服务，07年3月1日起纽约中行开始提供纽约时间夜间清算服务。 夜班人员为客户提供中英文查询和各类有特殊要求的收付款，为我行客户的中国境内汇款，亚洲地区汇款，台湾汇款和优先汇款，特殊要求汇款等需求提供实时处理，纽行中行是在美国唯一一家为客户提供24小时清算在线服务的银行。  

夜班服务时间： 纽约时间周日至周四  晚上10：00至早上6：00（ 北京时间周一至周五上午10：00至晚上6：00夏时制时）

联系人：     范乃强   经理     电话：  001-212-935-3101 分机 273

                  梅基创   先生     电话：  001-212-935-3101 分机 457

                                          传真：  001-212-593-4526

中国境内客户服务（China Domestic Service）

为了解决时差问题，2003年1月中总行成立了北京美元清算工作小组，服务内容涉及帐户余额查询;即时余额，上日借/贷发生额，透支额等多项帐户信息; 清算收付交易查询，代理行信息查询，查询电的发送和管理等多项内容，真正做到了方便，安全，及时，免费的服务，实现了海内外，总分行清算服务的整体联动。

联系人：     车燕梅  经理      陈丽均  经理

免费服务电话   800-810-1206       传真：  （10）6659-3806

代为选择中转行服务（Intermediary Chosen Service）

当汇出行觉得选择汇款中转行没有把握时，可以委托纽约中行代为选择。 我行常年为部分国内汇出行选择中转行，积累了丰富的经验， 同时我行清算系统可以通过与CHIPS和FEDWIRE数据库的联机查询，检索相关收款行的帐户关系行，而夜间服务的设立，也使这项服务的处理时效不会受到影响，没有额外费用。

操作要求：国内行可以事前通过电报，电话，传真等进行咨询，也可以在MT103/MT202的56场选择为空或在该场项打D，由纽约分行代为选择，甄别。

人民币预结汇代理汇款（RMB Remittance）

人民币预结汇代理汇款可以让客户在中国境外汇出美元时，即可知道收款人在中国境内所收到的确切人民币金额，使收付款人避免了汇率的变动风险，免除了对人民币收款金额不确定的烦恼，纽约中行目前在美国独家推出这一产品。

操作要求：（境外）与纽约中行签订服务协议的汇出行，SWIFT RECEIVING BANK选择BKCHUS33，MT103 72场第一行行首录入：/REC/CNY+人民币金额，我行也可接受CHIPS 或FEDWIRE付款格式，具体请见服务协议。

汇款短信通知服务（Wire Express）

为更好地为客户服务，中国银行纽约分行（以下称“纽约中行”）在汇款业务手机短信通知服务的基础上，新近推出电子邮件通知服务。今后您所有经由纽约中行的汇款，汇款、收款人均可享受免费的手机短信通知服务和（或）电子邮件通知服务。目前，此服务范围涵盖中国境内所有中国移动和中国联通手机用户，以及全球常用的电子邮箱地址用户。

现将使用该项服务的有关注意事项说明如下：

1.   汇款人在填写银行汇款申请表时，请您的银行选择通过纽约中行转汇（SWIFT 代码 BKCHUS33）， 同时根据自身需要填写中 国境内收款人手机号码和（或）国内外收款人的电子邮件地址；

2.   要求汇款银行把收款人的手机号码和电子邮件地址在汇款指令的“汇款人摘要信息栏”（SWIFT 的70场，或Fedwire/CHIPS 的OBI 场次）注明，纽约中行在收到您的汇款银行的指令后，发出短信或者邮件通知您的收款人；

3.   每个手机号码和邮件地址在“汇款人摘要信息栏”各占用一行，其中电子邮件地址中的"@"符号，用"+"取代，例如一个收款人的手机号码是12345678901，电子邮件地址为aabbccdd@aabbccdd.com，在银行汇款指令中就是：

在手机号码和电子邮件地址前加斜线（ / ）， 或把这些信息放在同一行内都是不正确的。 例如：    

错误举例     1.        /12345678901

                             / aabbccdd+aabbccdd.com

错误举例     2.        12345678901 aabbccdd+aabbccdd.com

4.   短信， 电子邮件内容和格式如下：

“您好，（ 汇款人）于纽约时间XXXX 年 XX 月 XX 日通过纽约中国银行汇款给您。 请注意查收。 谢谢！”

5.   为确保汇款通知信息准确无误地发至国内收款人， 汇款人在填写汇款申请表时需准确填写国内收款人手机号码和国内外收款人的电子邮件地址。如汇款人所填写信息有误造成信息错发，由此而引起的任何纠纷、责任及赔偿不由中国银行负责。

6.   中国银行纽约分行保留对" 中银快信"服务的最终解释权。

亚洲实时汇款（ASIA Remittance）

客户汇往亚洲国家，地区的所有合格报文，我行系统均会实时自动处理。偶有不合格报文或需要我行代为选择代理行的汇款，我行夜班人员均会及时处理，确保亚洲汇款的实时到帐要求。

操作要求：收款行在中国境内或任何亚洲国家或地区，没有特殊要求，没有额外费用。

台湾汇款（Taiwan Remittance）

我行通过与代理行合作，由我行把国内客户汇往台湾的汇款经由我行系统发送给代理行，全程系统自动处理，费用合理，北京时间当天到帐。

操作要求：办理通过纽约中行转汇的台湾汇款时，国内汇款行在MT103/202（L/C）报文的72场打上预设字符，具体为：

BANK TO BANK INFORMATION72：/TAIW/

/TAIW/字符放在72场第一行行首，同时，MT103/MT202 的56场都为空。

全额到帐汇款（Full-Pay Service）

全额到帐产品确保客户汇出的款项能够足额到达收款人， 该产品包括两项服务：

1.   对于收款行在中国境内的汇款，如中国境内商业银行，政策性银行（公司），所有中行的港澳，海内外分行，可以选择发送SWIFT 71场以/OUR/为标识的付款指令，纽约分行系统不作内扣处理，费用相对低廉。

2.   需要全额到帐的其他汇款，汇款行发送SWIFT 72 场以/FULLPAY/为标识的付款指令，由我行与代理行合作， 汇款全程不作扣费处理， 确保收款人能够收到足额汇出款项。

各家中转代理行帐户关系和处理要求有所不同，使用全额到帐产品时请参阅纽约中行产品操作指引。

特别指示汇款（Payment at Request）

由于客户要求的个性化和多样化，经常会有客户因不同原因要求我行对付款先保留一段时间，等待进一步指示后再付出或撤销，为此纽约中行推出了特别指示付款产品以满足上述市场需求。

操作要求为：对需要特殊处理的汇款，MT103/202的72场第一行行首录入/HOLD/专用标志，我行系统会根据汇款行的特殊要求，先进入待处理特殊队列，待客户进一步指示后，再完成后续处理。有特殊要求的汇款行，如需在发报后的某一时点要求纽约中行发送或修改已经收到的MT103/202报文，须再发送MT199/299进行确认，以符合我行内部管理和控制要求。

客户如需随时了解款项处理进程，可通过我行GPIS系统查看，也可同时与我行夜间服务人员联系。

优先序列汇款（Payment with Priority）

客户会因各种贸易，资金交易，资金安排和调拨或其他专项用途等原因，需要紧急优先支付某笔款项。这时， 只要客户在付款指令的72场标注“/PRIO/”， 纽约中行清算系统就会将该笔付款自动排序到CHIPS，FEDWIRE或内部转帐付款队列的最前面，优先执行。

操作要求：对需要优先处理的汇款，在MT103/202的72场第一行行首录入/PRIO/专用标志，由我行系统自动把72场有/PRIO/标识的汇款调到优先处理队列，完成优先处理要求。

客户如需随时了解款项处理进程，可通过我行GPIS系统查看，也可同时与我行夜间服务人员联系。

网上查询（Inquiry through Internet）

我行为客户提供远程查询系统。它是基于清算系统GPS开发的远程网上查询GPIS系统，可以供国内金融机构实时查询本单位汇款处理状况和收付款结果。 如需使用，可与我行夜班人员联系。

客户化收费功能（Customization Service Charge）

具备灵活的收费功能，能够根据客户的要求提供以下收费处理：

1.   以收款和付款区别收费

2.   区别MT103 和MT202（ L/C贸易项下） 收费

3.   按照不同汇款金额设定价格标准

4.   按照不同汇款业务量设定价格标准