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Reasons for China Bank's Remittance Abroad
The above calculation may be as follows:

1. Deduct 5% business tax USD2894 (USD):144.7 USD; ;

2. Convert the above-mentioned deducted business tax in US dollars into RMB (the exchange rate for purchasing RMB in US dollars is 6.90 17):998.683 yuan;

The balance of $3.2894 after deducting business tax is $2,749.3, and then the remittance of $2,749.3 needs to be deducted from the wire transfer fee 1 1 USD; Therefore, the actual amount of dollars that can be remitted is $2,738.3.

So the bank only allows you to exchange a RMB check, 18749.4438+0 yuan RMB, into US$ 2,783.3 at the exchange rate of 6.4438+0.

In fact, if the amount of foreign exchange remitted by you is $2,738.3, and the bank makes a mistake, you will charge RMB (75.92 yuan) remittance fee of 1 1 USD less. Moreover, the reason for the above algorithm is based on the agreement that the payee will pay all business taxes and bank charges.