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III. Notes on Fees:
Collection standard of Korea and China - "Sino-Korea Remittance Express" service offered by ICBC Seoul and Busan Branch are as follows:
1. Outward Remittances: 0.10% of remit-out amount, minimum KRW 8,000, maximum KRW 20,000; in addition, KRW 7,000 telex fee. If amendment made on details after remittances, KRW 10,000 Korea won amendment fee each time.
2. USD 20 cancellation fee each time if request to cancel after remittance.
IV. Notes to Customer:
Remitters' ID Card is needed when remit (Passport is needed for foreigners). Remitter is requested to provide the correct beneficiary bank, beneficiary name, account No., beneficiary 's ID No., and beneficiary's contact point. Beneficiary bank's information provided should be clearly and exactly.
V. Contact Point:
Industrial and Commercial Bank of China Seoul Branch
Address: 1st Floor, Taepyungro Bldg., #310,Taepyungro 2-Ka, Choong-Ku, Seoul 100-102, Korea
Tel:02-3788-6616 / 66
Email: rmt@kr.icbc.com.cn
Industrial and Commercial Bank of China Busan Branch
Address: 1st Floor, Samsung Fire & Marine insurance Bldg., #1205-22,Choryang-1dong, Dong-Gu,
Busan, 601-728, Korea
Tel:051-463-8788
Business Service:0082-2-3788-6666(Call from China)
02-3788-6666(Call from Korea)
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