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Bank remittance refers to the process of depositing cash into a designated account. The depositor can be a unit or an individual. Bank transfer is also a commonly used payment method in online store operations. Bank transfers require handling fees, and different banks charge different fees. Chinese banks have different remittance procedures. Bank remittance has some skills, and there are some things to pay attention to. For example, some banks recognize the remittance account, so if the account is written incorrectly, the money will be sent to other accounts. These are all worth noting.

Bank transfer

Bank remittance refers to the process of depositing cash into a designated account. The depositor can be a unit or an individual. Bank transfer is also a commonly used payment method in online store operations. Bank transfers require handling fees, and different banks charge different fees. Chinese banks have different remittance procedures. Bank remittance has some skills, and there are some things to pay attention to. For example, some banks recognize the remittance account, so if the account is written incorrectly, the money will be sent to other accounts. These are all worth noting.

Chinese name

Bank transfer

Definition

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Although domestic banks in China are all state-owned banks, since their remittance methods are different, the degree of convenience can be divided into several levels.

The best remittance banks: Bank of Communications, China Merchants Bank.

Both banks have the same advantages: convenient remittance procedures and remittances arrive instantly.

To these two banks, just fill in a simple remittance slip and then pay the cash directly. And as long as this

At present, there are usually two methods for bank remittances. One is the counter transfer directly to the bank, and the other is through online banking or telephone banking.

Agricultural Bank procedure fees: There are two types of deposit remittances and electronic remittances. The minimum transaction fee for deposit remittances is 1 yuan, which exceeds 1,000 yuan, and the fee is charged at 0.5%. Since fee-based services have not yet been launched in many regions of the country, they can also enjoy temporary fee-free benefits for the time being. The minimum handling fee for electronic remittances is 1 yuan, and over 1 yuan will be charged at 1%. Arrival time: real-time arrival. Online Banking: Same fees as over-the-counter remittance.

Disadvantages: There are two types of cardless remittances and remittances. Remittance without a card means that you do not need to apply for a bank card, and you can directly remit cash to the designated bank card. However, at present, most ABC outlets cannot confirm the payee name when using cardless remittance, so once the card number is filled in incorrectly, it may result in remittance to other people's accounts. To redraw the money, it needs to be confirmed by the payee, which is very troublesome. In addition, after 8pm to 8am the next day, online remittances are not available.

China Merchants Bank procedures fee: There are two types, one is fast remittance, the minimum fee is 5 yuan, more than 1,000 yuan, and the fee is charged at 0.5%. Suitable for remittances up to 10,000 yuan; the other is electronic remittance, the minimum fee is 10 yuan, the remittance procedure is 1% of the remittance amount, and the maximum capped commission fee is 50 yuan, which is suitable for remittances above 10,000 yuan. Arrival time: Express remittances can be received in real time; electronic remittances can be received within 2-3 working days. Online banking: RMB 5 per transaction. Inter-bank remittance charges 10 yuan.

Disadvantages: If the remittance is less than 500 yuan, the cost is the highest compared to other banks. When remittance through online banking, if the recipient sends money for a peer, you need to click "Peer Speed Remittance", otherwise it will be charged uniformly at 10 yuan.

Construction Bank fee: The lowest fee is 1 yuan, and the highest fee is 50 yuan. Remittance method: The sender must hold a bank card. ? Receiving time: There are two cases. If the remittance bank is in the connected city, it can be received within 2 hours after the remittance; if the remittance bank is not in the connected city, it will take 3-5 working days to arrive. Online banking: the minimum is 1 yuan, and the maximum is 30 yuan. Telephone Banking: The minimum is 1 yuan per transaction, and the maximum is not more than 40 yuan.

Disadvantages: In remittance at CCB, the remittance party must hold a CCB savings card to remit. If you do not have a savings card, you will need to pay a 10 yuan handling fee to apply for the CCB Dragon Card. Although the remittance can be reached within 2 hours at the earliest, the payee cannot check the account details on the day

ICBC transaction fees: ICBC provides two methods of transfer. One is the Smart Card remittance. The handling fee is 1% of the remittance amount. The second is peony card remittance. There are no formalities for remittance. Receiving time: Remittance money transfer within 24 hours, and peony card transfer within 3-5 working days. Online banking: The minimum is 5 yuan and the maximum is 50 yuan.

Disadvantages: ICBC usually has more people, and ICBC in large and medium cities need to queue up and take longer to process. Online banking cannot send money on weekends and holidays. Bank of Communications formalities fee: 1% within 1,000 yuan, 10 yuan above 1,000 yuan. The biggest feature of the Bank of Communications is that it can automatically deduct the handling fee in the remittance, and even the remittance party and the recipient can share the handling fee. Arrival time: real-time arrival. Cons: Fewer outlets.

Bank of China procedure fee: The bank's remittance fee is 0.10% of the remittance amount, with a minimum limit of 5 yuan and a maximum limit of 5,000 yuan. That is, the remittance fee for remittances up to 5,000 yuan is 5 yuan, and the remittance fee is charged at 0.10% of the remittance amount for more than 5,000 yuan. Arrival time: the next day.

Disadvantages: Most Bank of China outlets are closed on weekends and holidays.

Everbright Bank's handling fee: The minimum handling fee limit is 2 yuan, and the maximum handling fee limit is 20 yuan. The handling fee is 0.5% of the remittance amount. Arrival time: real-time arrival.

Disadvantages: Everbright Bank has relatively few coverage areas, and many areas cannot remit money.

After understanding the characteristics of each bank's handling fee, Sun Jun used different methods for different remittances. Because he had a Beijing hukou, he applied for a peony card in Beijing. When his sister was still in the country, he used his sister's name to apply for a peony card in his hometown. This way, you don't have to pay any procedure fees every time you send money to your home. There is an Everbright Bank near Sun Jun's house, so as long as the manufacturer can provide an Everbright bank card account number, he must first use Everbright Bank to send money. Secondly, when the purchase fund does not exceed 6000 yuan, the Agricultural Bank of China usually chooses to deposit and remit; when it exceeds 6000 yuan, it is better to choose CCB online remittance. The maximum limit of 30 yuan can usually save him 5-20 yuan in handling fees .

Sun Jun calculated an account, if the average remittance 6 times a month, the average amount of each time is 2,000 yuan, if you choose ICBC remittance, each fee is 20 yuan. Agricultural Bank deposit-type remittance fee is 10 yuan, which can save 50%. For remittances over RMB 6,000, most banks have a handling fee of up to RMB 50. Using CCB online banking can cost up to RMB 30, which can save 40%.

Comparison of foreign exchange remittance methods

Normal remittance: This is the most commonly used method of remittance. The advantage is that the amount of remittance is relatively large, the remittance of the cash account is unlimited, and the cash account or cash remittance amount is less than 50,000 US dollars. Provide the relevant certification documents prescribed by the foreign exchange administration and you can go to the bank directly . The ordinary remittance handling fee is charged at 1 of the remittance amount, with a minimum of 20 yuan each and a maximum of 200 yuan; postage and telecommunications fees are remitted to Hong Kong and Macao for 50 yuan and 80 yuan for countries outside Hong Kong and Macao. Cash remittance also charges a cash discount remittance fee. Normal remittance usually arrives in the other party's account within 3 days.

Sun Jun commented: The current general remittance fee has decreased compared to before the adjustment. The original maximum fee of 500 yuan has been reduced by 300 yuan, and the post and telecommunication fees have also been adjusted from 80 yuan and 120 yuan to 50 yuan and 80 yuan. For large amounts For remittance slips, you can save a lot of costs, especially for customers who have cash deposits, it is best to choose this remittance method. When filling the remittance form, you must confirm the name of the other party and the account number of the foreign bank. Once the money is remitted, you need to modify the remittance information or return the foreign exchange. The bank will charge a 20 yuan modification fee or a 50 yuan remittance fee and a telecommunications fee.

Western Union: As an international remittance, the "Western Union Remittance" promoted by Western Union in cooperation with Agricultural Bank of China is a good way to exchange money. Most remittances to relatives and friends abroad and students studying abroad will choose this method. The maximum amount of each remittance for Western Union is USD 10,000. Remittances of more than USD 7,200 can only be processed after being authorized by Western Union.

Sun Jun commented: The biggest feature of Western Union remittance is the speed of remittances and the number of outlets. There is no need to open a bank account. There are no intermediary bank fees. The regret of this kind of remittance is that the foreign currency that can be processed is also limited to US dollars, the remittance amount can only be up to 10,000 US dollars, and only accepts individual-to-person remittances. It is worth noting that the remittance fee is charged in US dollars. When handling Western Union remittances, customers should bring identification and proof of use, and all remittance banks must review relevant certification documents.

Jinsui International Debit Card: Nowadays, more and more citizens are traveling around the world with a bank card. The Jinsui International Debit Card introduced by ABC is a bank card that can be used around the world. One primary card can bring 4 secondary cards, and can realize rapid remittances in other places. As long as you carry a secondary card, you can spend and withdraw overseas, and the primary card can also understand the overseas consumption of the secondary card through the statement .

Sun Jun commented: When withdrawing money from foreign ATM machines, no matter how much money is withdrawn, there is a $ 3 handling fee. In contrast, it is more cost-effective to spend abroad with a Jinsui International Debit Card. When applying for a card, you should note that there are two types of Golden Harvest debit cards: MasterCard (PMC) and MasterCard (PDC) cards. Mastercard can be used offline, so many merchants accept the card, and MasterCard can only be used online. , So the accepted merchants and outlets are very limited.