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LHB Cross Boder Fast Lane Provides USD Remittance Services Worldwide
 
Product Feature
 

LHB Cross Border Fast Lane

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International financial transactions are made easy!
LHB Cross Boder Fast Lane Provides USD Remittance Services Worldwide

 

• The privilege USD Outward Remittance or Inward Remittance Services by LH Bank to CTBC or CTBC to LH Bank, so that the beneficiary will     receive the full payment of the remitted amount (without any deduction charges from correspondent bank)
• The Payment receiver must have the account with LH Bank and CTBC so that he can enjoy this privilege conditions
• CTBC as the Payment Receiving Bank located in Taiwan, including overseas branches and subsidiaries is under this privilege conditions
• Cover all Payment purposes (Goods/Services, Investment etc.) with non-negative list (without any deduction charges from correspondent bank)
• Win-win Solutions between Customer and the Payment Receiver; Customer is not required to pay any additional charges for making the full       payment to Payment Receiver (Charge OUR), and the Payment Receiver can receive the payment in full without any deduction.
  (Inward Remittance fee may be applied, and to be borne by beneficiary at destination country.)

Service Condition
 

• Applicable for juristic customer (covering both borrowing customers and non-borrowing customers)
• Applicable to Cross Border Remittances and Remittances in US dollars from CTBC (Taiwan, overseas branches and affiliates) to payees with      accounts at LH Bank.

CTBC NETWORK

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Document Required
 

Outward Remittance  

 • Application Form for Outward Remittance
 • Supporting Documents to be matched with Payment Purpose
 

inward Remittance  

 • Supporting Documents to be matched with Payment Purpose
 
 
Fee / Commission
 

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Example : Remittance amount 1,000 USD

-Com In Lieu of exchange = 0.125% of 1,000 USD (FX Rate 33.55 บาท/USD)  ==> 41.94 THB, then charge at MIN Rate 500 THB
-Service Fee = 0.25% of 1,000 USD (FX Rate 33.55 THB/USD) ==> 83.88 THB , then charge at MIN Rate 200 THB
-Swift charges ==> 500 THB  TOTAL charges = 500+200+500 = 1,200 THB

*Terms and conditions apply
*For more details of fee and charges please visit  www.lhbank.co.th/en/personal/loans/credits-interest-rates

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