To remit money, you need to go to the bank counter to get a remittance form. The remittance form mainly contains the remitter’s name, ID number, payee’s name, payee’s bank account, remittance amount, etc. After filling in the form, submit it with your ID card and the RMB that matches the remittance amount, and hand it over to the bank handler, and follow the guidance to complete the follow-up operations.
Remittance is also called "remittance". One of the international settlement payment methods. A business processing method in which the payer actively remits money to the payee through a third party (usually a bank) using various settlement tools.
There are usually four basic parties in the remittance business: the remitter (i.e. the payer), the remitting bank, the remitting bank, and the payee.
There are three commonly used remittance methods: (1) Letter remittance, that is, the remitting bank shall, upon the remitter's application, mail the remittance to the remittance bank through a letter of authorization for letter remittance, and entrust it to pay it to Payee.
(2) Telegraphic transfer, that is, the remittance bank shall notify the foreign remittance bank by telegram or telex at the request of the remitter and entrust it to pay the remittance to the designated payee.
(3) Draft remittance, that is, the remittance bank issues a draft on behalf of the remittance payee at the request of the remitter, and gives it to the remitter to mail or carry it out of the country, and then gives it to the payee to remit it to the remitter. Receive the remittance at the bank.
More and more citizens are willing to choose bank card remittances. As long as the name and card number of the other party are provided, cardless deposits can be made in other places. Banks such as ICBC, Agricultural Bank of China, China Construction Bank, and Shanghai Pudong Development Bank have all opened this business. Citizens should note that many banks charge fees for off-site deposits and withdrawals. Therefore, whether remittance locations are widely distributed and whether remittances and withdrawals are convenient have become important indicators to consider.
For example, even though Agricultural Bank of China and ICBC have branches in remote places such as Tibet, Inner Mongolia, and the top of Huangshan Mountain, they are still relatively popular with customers. Shanghai Pudong Development Bank's bank card remittances to other places are still free of charge, and citizens can also take advantage of them.
It is a good idea for citizens traveling around the world to carry a bank card. For families with children studying abroad, parents use their main card to handle deposits domestically, and their children only need to bring a secondary card to make purchases and withdraw money abroad.
But the biggest disadvantage is that it is unsafe to carry. If you are traveling abroad for consumption, it is better to deposit the foreign currency into the Jinsui International Debit Card and swipe the card directly for consumption.
Beyond price, convenience is a major selling point of the money transfer business. The new roaming remittance launched by Agricultural Bank of China meets the needs of the public. There is no need to find out the name and address of the bank to which the remittance is sent. Just write down the name of the payee and tell the recipient the password of the remittance order, and the other party can connect to any Agricultural Bank of China across the country. The business institution honors the remittance order.