This service provides the most convenient and hassle free remittance experience for the Mainland China customers who are working in Malaysia to remit their salary back to the account maintained with Bank of China Limited (“BOC”) in Mainland China.

This service is opened for Chinese citizen (excluding Hong Kong, Macau and Taiwan) who has signed up for the payroll service or Salary Plus Payroll Programme with Bank of China (Malaysia) Berhad (“BOCM”) (“Payroll customer”).

• BOCM Payroll customer who is holding RMB Current Account;
• Apply the RMB Direct Remittance service through the branches of BOCM;
• Remittance funds must be in Renminbi;
• Beneficiary's bank is a branch of BOC in the Mainland of China; and
• The amount of remittance does not exceed the earned salary in Malaysia.

• BOCM Payroll customer can submit the application at any branch of BOCM, submission of income proof is exempted.
• Non-payroll customer can sign up for Salary Plus Payroll Programme at any branch of BOCM and submit the application for this service together with the income documents (i.e. latest payslips AND bank statements that shown the salary credited OR latest EPF statement OR latest B/BE Form together with the payment receipt).

Please refer to our Bank’s latest Service Rates & Tariffs.

• RMB Conversion Limitation Risk
  RMB investments are subject to exchange rate fluctuations which may provide both opportunities and risks. The fluctuation in the exchange rate of RMB may result in losses in the event that the customer converts RMB into MYR. Customers should consider and understand the possible impact on their liquidity of RMB funds in advance.
• Terms and conditions apply