ICBC NZ provides payment and clearing services, including local payments, international payments to personal customers and commercial customers, CNH and NZD Vostro account clearing service to financial institutions.

Customers can make payments through ICBC Queen Street Branch and internet banking. The service is expeditious, convenient and safe.

1) Local Payment
ICBC NZ is a direct participant in local High Value Clearing System (HVCS) and Bulk Electronic Clearing System (BECS). You can receive and transfer funds directly to or from your ICBC NZ account.

☆ New Payment (Single Payment)
Via Branch：Fill out ‘Domestic Payment/Transfer Application Form’ and sign by  authorised person.
Via Internet Banking: Log on internet banking → Transfer and remittance → Local Payment → input payee name, account and payment details → confirm → Use Electronic Password Token to confirm your payment.
You also can save your payee into 'My payees' for future payment when you make payment via internet banking.

☆ Auto-Payment
Via Branch：Fill out 'Automatic Payment Authority' and sign by authorised person.
Via Internet Banking：Log on internet banking → Transfer → Make a Payment → input payee name, account and payment details → Choose automatic payment /or not, set up your auto-payment amount and period and Submit → Use Electronic Password Token to confirm your payment.

☆ Bill Payment
If the payee is a 'Bill register ', you can use the function of selecting your payee among public beneficiaries/payees on internet banking and complete your payment.
If the payee is a 'Direct Debit Register', you can authorise your bill company to direct debit your ICBC NZ account.

2) International Remittance

Based on the powerful clearing network of ICBC, we provide safe, cost-effective and efficient multi-currency cross-border remittance.

☆ Special advantages
ICBC Express: Through ICBC Group's advanced electronic clearing and payment platform and network, we can provide a safe, efficient and convenient money transfer services from your account to reach any ICBC account in China.

☆ Service channels
You can make international payment through ICBC NZ branch and internet banking.
Via Branch: Fill up ‘International Payment Application Form’ and signed by authorised person.
Via Internet banking: Log on online Banking → Transfer and remittance→ 'Cross border CNH' or 'International remittance' → input payment details→confirm → Use Electronic Password Token to confirm your payment.

3) Clearing service for financial institutions
As a direct participant in local High Value Clearing System (HVCS), ICBC NZ provides efficient NZD clearing service for overseas financial institutions.

Based on the powerful CNH clearing network of ICBC group, ICBC NZ also provides cost-effective and efficient CNH clearing service for other local banks.

☆ Tips
There is no payment service on weekends and public holidays.
Payments you make after cut-off time will be processed on the following business day.

Payment instructions received after the cut-off time will be processed on a best-effort basis.

Instruction for international inward payments
Bank Name： Industrial and Commercial Bank of China (New Zealand) Limited
SWIFT CODE: ICBKNZ2A
Corresponding Bank Information: