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How does CITIC Bank teach you to save money? The fastest overseas wire transfer is the lowest billing fee.
How to get the tuition and living expenses of children abroad is the most convenient, safest and most economical. Advice to parents from overseas financial service experts of CITIC Bank. According to experts in overseas financial services of CITIC Bank, parents can remit tuition and living expenses to students through overseas wire transfer, traveler's check, international credit card, money order and international remittance service. The fastest remittance is MoneyMoney and other international remittance services, but there are restrictions on currency and collection place. Traveler's checks have the advantages of permanent validity and convenient use. It can be directly consumed in overseas hotels, shopping malls and other occasions, and can also be exchanged for local cash at local banks, but the handling fee is higher. In contrast, CITIC Bank's overseas financial services experts recommend international credit cards, overseas wire transfers and money orders. International credit cards are very convenient. Children can spend money by credit card abroad, and parents can repay at home without handling fees. However, it should be noted that using credit cards to withdraw cash abroad may lead to higher expenses. Relatively speaking, the cost of draft is the lowest, and many schools can accept draft directly, so many international students choose to pay tuition by draft. In addition, the overseas wire transfer fee is also low, and the arrival speed is faster.