Remittance

Remittance is the most widely used settlement mode. Due to the needs of the transaction, the payer can use remittance to make a voluntary payment to the payee. The remitting bank accepts the remittance voucher issued by the remitter and handles the remittance in a timely manner through the electronic remittance system in the system. The paying bank shall handle the entry formalities for the payee according to different situations.