We want to make it easy and convenient for you to send and receive remittances
from around the world through our network of correspondent banks overseas and our competitive rates.
You can receive remittances from abroad directly into your CAB Account and withdraw it at your convenience at any of our branches or ATMs.
Please ask your sender to supply the following information to his bank abroad:
1. Beneficiary/Receiver Account Number (your CAB account number)
2. Beneficiary/Receiver Account Name (your account name as it appears on your CAB account)
3. Our intermediary bank and CABís information as indicated in the following files which you can download:
You can send remittances directly to a bank account abroad in the following currencies through our network of correspondent banks: USD, EUR, CNY, AUD, GBP, HKD, JPY, SGD, THB and TWD.
Please visit our branches for our list of correspondent banks and provide us with the following information:
Beneficiary/Receiver Account Number
Beneficiary/Receiver Account Name
Beneficiary/Receiver Bank SWIFT Code
Beneficiary/Receiver Bank Name
Beneficiary/Receiver Bank Branch
Other bank codes, if applicable (some beneficiary/receiver banks may require you to indicate other codes such as routing number, sort code, BSB, etc.)
When paying for the outward remittance service, you can choose one of the following:
SHA − you will pay only our bankís fees; your beneficiary/receiver will pay the fees of our correspondent bank, any intermediary bank and the beneficiary/receiver bank
OUR − you will pay our bankís fees and the fees of our correspondent bank; your beneficiary/receiver will pay the fees of any intermediary bank and the beneficiary/receiver bank
Transaction up to USD 7,000
Above USD 7,000 up to USD 10,000
Above USD 10,000
USD 5 + USD 10 for cable
USD 15 + USD 10 for cable
0.15% of the amount + USD 10 for cable