Personal check-the cheapest way, but it takes a long time. You can use any bank check. On the check, write the pinyin of Chinese name on the head, and write the Chinese name on the memo. In addition, you can write the ID number of the payee to confirm your identity. The payee can collect money at any domestic bank that can handle foreign exchange business with his ID card. The handling fee is about 20-40 yuan RMB. It takes more than a month to go back and forth, and the bank will call to collect money. After the account is received, it is Australian dollars, and the payee needs to change it into RMB at the bank.

Wire transfer from China Bank in Australia to China Bank in China.

Generally, it will be received in 2-3 working days, and you can choose RMB or foreign currency.

If the remittance is less than 5,000 Australian dollars, the single handling fee is 32 Australian dollars/transaction, which is directly deducted from the remittance amount.

It is still quite expensive. In addition, China Bank's outlets in Australia are limited, and the cost of remittance is still quite high, including the transportation expenses incurred by making a special trip to the bank for remittance.

Wire transfer needs to go to the bank counter to fill in the wire transfer application form, and the information includes:

1, remittance currency and amount (Arabic numerals)

2. Name and address of payee

3. Account number of the payee in the bank.

4. The name, SWIFT code or address of the payee's bank.

Western Union

Compared with bank remittance, the biggest advantage of Western Union remittance is dense network coverage. However, there is a limit on the sending and receiving of Western Union remittance, and the operation is a bit troublesome. In addition, Western Union adopts the method of grading fees. According to the increase of remittance amount, the handling fee will increase accordingly, which has no obvious advantage compared with banks.

Remittance process of western outlets:

1. Go to Western Union Remittance Cooperation Network and fill in the "Money Order".

2. Submit the completed form, payment, remittance fee and personal identification documents.

3. After the remittance is completed, you will receive a receipt printed with money transfer control number (MTCN).

4. Tell the payee your name, remittance amount, MTCN and remittance destination country/region.

Online remittance company-Panda Express

With the development of mobile electronic payment, online remittance is becoming more and more popular. Different from traditional cross-border remittance methods such as banks and Western Union, Panda Express has no transfer link, directly connects the remitter and the payee, and can receive the account within 3 minutes. Remittance can be easily completed by mobile phone, eliminating the trouble of waiting in line and being online 24 hours a day.

In addition, because there are not many offline stores of Panda Express, the handling fee is much cheaper. At present, Panda Express remittance adopts the mode of single fixed fee. Take the Australian market as an example, the single limit is 4,000 Australian dollars, and the handling fee is only 5.99 Australian dollars, which can be said to be the most affordable personal remittance method at present.

Information required by Panda Express:

1, basic information of the sender, residential address, passport or Australian driver's license, etc.

2. Payee's ID card: Chinese mainland second-generation ID card.

3. Bank card: The remitter must hold a debit card issued by the bank in the host country;