Home / Government / Central Government News Tools: Save | Print | E-mail | Most Read | Comment
No remittance fee for disaster relief donors
Adjust font size:

China's banking regulators Wednesday ordered all the banks to open "green channel" for disaster relief donations from home and abroad and scrap the remittance charge.

All lenders should simplify the remittance procedure and make sure every penny of the donations be safely dealt, China Banking Regulatory Commission said in a statement posted on its website.

The remittance charge differs among the country's banks, ranging from one yuan (about 0.14 U.S. dollars) to 200 yuan, depending on the amount of the remittance.

Netizens questioned the charge as cash donations snowballed from all over the world to regions rocked by a destructive earthquake Monday that killed at least 14,463 in Sichuan Province as of Wednesday.

"How could banks charge for donations remitting to the earthquake victims?" a netizen posted an article on the Internet Tuesday and soon won support among the country's huge number of netizens.

The state-owned "big four" lenders -- the Industrial and Commercial Bank of China, China Construction Bank, Bank of China and Agricultural Bank of China, as well as China Merchant Bank have scraped the charge.

Donations in both cash and goods to the quake-hit areas had risen to 877 million yuan as of 4 p.m. Wednesday, according to the Ministry of Civil Affairs.

(Xinhua News Agency May 15, 2008)

Tools: Save | Print | E-mail | Most Read
Comment
Pet Name
Anonymous
China Archives
Related >>
- China promises transparency in quake donation fund use
- Donation for quake-hit region
Most Viewed >>
- Full Text: Report on the Work of the Government
- Qualified people can adopt quake orphans
- Gov't to probe of school collapses in quake
- Full Text: China's economic, social development plan
- Police warns against swindling after quake
Questions and Answers More
Q: What kind of law is there in place to protect pandas?
A: In order to put the protection of giant pandas and other wildlife under the law, the Chinese government put the protection of rare animals and plants into the Constitution.
Useful Info
- Who's Who in China's Leadership
- State Structure
- China's Political System
- China's Legislative System
- China's Judicial System
- Mapping out 11th Five-Year Guidelines
Links
- Chinese Embassies
- International Department, Central Committee of CPC
- State Organs Work Committee of CPC
- United Front Work Department, Central Committee of CPC