Cross-border remittance refers to the foreign exchange remittance business of individual online banking customers to the payee who opens an account in a bank outside the mainland within the prescribed limit. Cross-border remittance has both telecom fees and handling fees, which is time-consuming to operate.

As the handling fee for cross-border remittance generally has a maximum amount, it is suggested to increase the amount of a single remittance as much as possible within the maximum amount to reduce the number of remittances and save the telegraph fee for each remittance.

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Advantages of cross-border remittance

It reduces the risk of losing your own cash, and it is relatively safe and convenient to apply for a foreign currency carrying card regardless of the amount. Repayment can be made after consumption, which is convenient. Some international credit cards issued by banks can deposit cash directly at all domestic outlets, and can also be repaid through ATM and online banking transfer, with preferential handling fees.

With international credit cards, parents save money at home and children spend money abroad, and there is no handling fee. Using a credit card can not only avoid the risk of foreign currency exchange.

After handling the primary and secondary cards, you can use the secondary cards to spend abroad. In addition to using the main card to repay money at home, parents can also monitor their children's consumption abroad. When using a credit card, you must pay attention to repayment on time and don't overdraw.