Multi-currency service for T/T 103 bank account
From early August 2018 onwards, T/T 103 bank account supports payment and receipt in 8 non-USD currencies.
1. What is multi-currency payment and receipt service?
If buyer pays in currencies other than SGD /JPY/EUR/GBP/CNY/CAD/AUD/HKD, money is directly admitted to seller's 103 bank account. Buyer could decide on settlement date and link payment to order after settlement. In short, it's up to you about payment and settlement.
2. Waht are the eight non- USD currencies?
SGD /JPY/EUR/GBP/CNY/CAD/AUD/HKD.
Noteļ¼these 8 currencies arrive in the same currency as paid, and need to settle to USD first and get linked to order.