China Merchants Bank, New York Branch is a direct member of the two principal U.S. dollar payment systems; the Clearing House Interbank Payments System (CHIPS) and Fedwire, the electronic funds transfer system developed and maintained by the Federal Reserve System. The New York branch utilizes eGIFTS (enhanced Global Integrated Funds Transfer and Telecommunications System) software, from GIFTS Software, Inc., to process all of its inbound and outbound electronic funds transfers. The eGIFTS payment system is fully automated and interfaced with the Society for the Worldwide Interbank Financial Telecommunication (S.W.I.F.T.) secure messaging services, CHIPS and Fedwire electronic payment systems. Electronic Funds Transfers transmitted through eGIFTS, both incoming or outgoing, are processed on the same business day. We offer competitive service fees, and our fee schedule is based on those of other leading U.S. banks. We believe that by selecting China Merchants Bank, New York Branch as your U.S. dollar electronic funds transfer agent, you will benefit from our use of the most innovative electronic payment systems, as well as our commitment to meeting your quality and service level demands.
China Merchants Bank, New York¡¯s Wire Instructions
CHIPS ABA:1455FEDWIRE ABA:026014559SWIFT BIC:CMBCUS33
Funds Transfer Products
· No.1 out of the 50 largest banks in the world in terms of market value 2010”- Financial Times of the U.K.· “Best Private Bank in China 2010” – Euromoney· “Best Brand in China 2010” – Forbes and Interbrand