ICBC Bank China Branches in Pakistan

Good news for PFMSGs in China that Industrial and commercial bank China has its branches in Islamabad and Karachi. Students can open account in this bank and transfer the money to China with lower transfer rates.

 

great news for joniors

 

Woww...

 

oh great!

 

i think bank of china also have branch in islamabad

 

Wow. ye to hmen nhi pata tha
please always read carefully yar.

 

Since its a commercial bank its mainly dealing in huge transactions. I went to icbc, the guy there told me my account would open in 5 lacs :/. He suggested i open a dollar-pkr account here in pakistan in the name of sender at any bank in pak and then open account in any bank of china. Another option would be to get atm card from here and use it in china. Or use western union.
Drwatson, when you were in china which option did you use? As far as i know on each atm withdrawal of money they deduct considerable amount.

 

For ATM Card having VISA network logo, 2.5% is deducted for the amount you withdraw from ATM out side of the issuing country. To use the same card for shopping wont incur any fee, while transacting to POS at a market.
I used to take USD for the whole year with my self to China. Thats the best option, or Bank transfer is good as it has low fee for transaction. Western union charges considerable fee for transaction, and that should be used as an emergency option.
I think i should start money transmitting service for PFMSGs too lol ..

 

Im sure how the concluding lines of ur posts crack everyone up!
Thanks for being there even if it means no money transfer service by u yet!

 

Thanks bro for encourging, thats the fuel for this forum and my replies