Has anyone wired money to Bank of America at CCB? How much is the handling fee (for personal business)? What do you need to prepare?

The cost is higher and the time is longer, but the large remittance is capped.

Foreign remittance and telegraphic transfer are traditional ways, which usually take two to three working days to reach the account. The reporter learned that the lowest charge for wire transfer is 20 yuan, and the highest is 1 1,000 yuan (some banks are capped by 200 yuan). In addition, telegraphic transfer also pays the telegram fee and deduction fee of foreign intermediary banks.

Take ICBC as an example, the handling fee for cash remittance is 65438+ 0% of the remittance amount. , the lowest 50 yuan, the highest 1000 yuan. In addition, you have to pay a telegram fee of 100 yuan, but the deduction fee of foreign intermediary banks cannot be determined, depending on the specific region and bank. In addition, wire transfer also requires that the payee is an external account.

For large remittance, because there is an upper limit on the handling fee, it is more cost-effective whether it is wire transfer or draft.

Draft: It's cheap but takes a long time.

Bill remittance means that the bank draws a draft for the remitter, and then I take the draft abroad or mail it abroad. There is no telegram fee for bill remittance, and other fees and standards are the same as telegraphic transfer.

Although the cost of telegraphic transfer is cheaper than that of telegraphic transfer, it takes a long time, about 4 days slower than that of telegraphic transfer, which is suitable for people who have no requirement on the time of arrival. Once lost, reporting the loss and other procedures are relatively troublesome, the bill of exchange has a validity period of one year, and then it will be returned to the original billing bank.

Express remittance: the express fee is low, but the supported currencies are limited.

I hope that the remittance will arrive soon, and you can consider fast remittance methods such as MoneyPay and Western Union. The biggest advantage of express remittance is its speed. Generally, it takes about 10… 15 minutes to complete the whole process from the sender to the payee. However, there must be a business acceptance institution where the payee is located, and there are not many supported currencies. For example, Western Union mainly provides fast remittance and collection services in US dollars, but the remittance-related services opened by different institutions of "MoneyMoney" are not completely consistent. For example, ICBC can support remittances in US dollars, euros and pounds; In Industrial Bank, remittance in US dollars and euros is temporarily supported, but remittance business is not supported.

Case:

Miss Yao, a citizen, recently planned to take a honeymoon trip to Thailand and prepare to take wedding photos in Bangkok. She told reporters that she had contacted a photography agency in Bangkok, but the other party asked her to pay a deposit of 3,000 baht (about RMB 604). In order to remit the deposit to the other party as soon as possible, Miss Yao recently compared various remittance methods.

Considering that if RMB is converted into Thai baht before remittance, there will be a loss of double exchange rate, and it is relatively troublesome to purchase foreign exchange at China Bank first, Miss Yao decided to remit the same amount of US dollars (about 90 US dollars) to the other party.

"My first consideration is the traditional telegraphic transfer method." After consulting China Merchants Bank, Miss Yao learned that if 90 dollars is remitted to Thailand, the overseas remittance fee includes 80 yuan post and telecommunications fee and 50 yuan remittance fee. For cash remittance, charge 1.25%. Remittance fee. In addition, the $90 may not be paid in full, because there may be deduction fees from foreign intermediary banks. Miss Yao calculated that the total charges may exceed 150 yuan.

The wire transfer fee of China Merchants Bank may be relatively low. After consulting ICBC, Miss Yao learned that it may take 170 RMB to remit 90 US dollars to Thailand. "And telegraphic transfer takes a long time, usually about a week, not to mention money orders. When the other party asked for the deposit to arrive in a day or two, I gave up the two methods of wire transfer and draft. " Miss Yao told reporters like this.

After the recommendation of a bank friend, Miss Yao turned her attention to two ways of fast remittance: MoneyPay and Western Union remittance. "MoneyMoney and Western Union remittance are actually similar. They don't have to go through a bank account, and it takes about 10 minutes to get an account. " Miss Yao told reporters that as long as you go to MoneyMoney and the relevant cooperative banks of Western Union to fill out a form and show your photo ID card, you can complete the remittance.

The reporter learned that Western Union's cooperative banks include Agricultural Bank of China and Postal Savings, while Money cooperates with banks such as ICBC, CITIC and Bank of Communications. Among them, ICBC has 89 outlets accepting MoneyMoney in Guangzhou, but the public should pay attention to that not all outlets provide remittance services. Different from the moneygram business, the businesses that Western Union can handle in different cooperative outlets are basically the same, mainly the fast remittance and collection of US dollars.

As for the charging standard, both Western Union and MoneyGram charge a handling fee in addition to the remittance amount, but because there is no intermediate deduction without going through a bank account, the fee is lower than that of telegraphic transfer. In addition, these two express remittance methods are classified charging methods, but there are some differences in classification standards. Generally speaking, the charge of Western Union remittance is slightly higher than that of "MoneyMoney" business. If $2,000 is remitted abroad, the handling fee for "MoneyMoney" business is 15, but the handling fee charged by Western Union is $25.

Miss Yao compared the charges of Western Union and MoneyPay, and found that the remittance was 90 dollars, MoneyPay 10 dollars and Western Union 15 dollars, and finally chose money pay's service. However, Miss Yao believes that for large remittance, whether it is wire transfer or draft, it is more cost-effective because of the cap. In addition, if there is no requirement for the arrival time, it is cheapest to choose the draft.