The credit card of Industrial and Commercial Bank of China, which has opened an account in Singapore, can be used normally in China, and can handle business such as transfer, payment and deposit. However, a certain handling fee will be charged when transferring money. Whether it is inter-bank transfer or peer transfer, the handling fee charged is in accordance with international standards.

Pre-settlement of RMB refers to the remittance method in which customers pay Singapore dollars or US dollars in Singapore branch, and the payee (who should be a citizen of China) directly receives RMB in China through the fixed exchange rate provided by ICBC. This remittance method supports the accounts of major domestic banks as collection accounts, and uses RMB for pre-settlement, and the remittance can be received within 2 to 3 working days.