If it is within the same city within BOC, then: Free (transactions between Guangdong and Shenzhen, Jiangsu and Suzhou, Zhejiang and Ningbo, Fujian and Xiamen are handled according to the cross-provincial standards of BOC in different places).
If the transfer amount is less than 10,000 yuan (including 10,000 yuan) within the Bank of China, within a province, within a different place within the province, or between banks, the fee is: 5 yuan;
10,000 and above - 100,000 (inclusive) fee: 10 yuan;
100,000 and above - 500,000 (inclusive) fee: 15 yuan;
500,000 and above - 100 Ten thousand (inclusive) fee: 20 yuan;
More than 1 million: transfer amount * 2/100,000, up to 200 yuan.
Bank of China's corporate remittance charging standards:
1. Domestic inter-bank remittances for Bank of China's electronic banking personal services (inter-bank remittances between Bank of China and other banks) RMB 0.5 yuan handling fee + RMB electronic Remittance fee.
2. Real-time inter-provincial RMB transfer within Bank of China (transfer between bank card and passbook, transfer between passbook and passbook, private-to-public transfer).
3. Real-time inter-provincial RMB transfer within Bank of China (transfer between bank cards) using debit card as the transfer account: 0.06% of the transfer amount, minimum 1 yuan/transaction, maximum 12 yuan/transaction .
4. Using a quasi-credit card as the transfer account: 0.20% of the transfer amount, with a minimum of RMB 1 per transaction and a maximum of RMB 30 per transaction.
5. 1‰ of the real-time inter-provincial foreign currency transfer amount within Bank of China, with a maximum of 200 yuan per transaction.
6. For 1‰ of the remittance amount of Bank of China’s cross-border remittance (telegraphic transfer), the minimum charge is 50 yuan/transaction and the maximum charge is 260 yuan/transaction; telecommunications fees are also charged, which is RMB 80 yuan/transaction for Hong Kong, Macao and Taiwan regions. , non-Hong Kong, Macao and Taiwan areas, RMB 150 per transaction.
Telegraphic transfer operation
When making a wire transfer, the remitter must fill out a remittance application form and indicate in the application that the T/T method of wire transfer will be used. At the same time, transfer the remitted amount and required fees and obtain a wire transfer receipt.
After the remittance bank receives the remittance application, in order to prevent delays or unexpected losses of remitted funds due to errors in the application, the remittance bank should carefully review the application and identify any unclear areas with the remitter. Contact us promptly.
When the remittance bank handles wire transfer, it will send payment instructions to the remittance bank by telegram or telex based on the contents of the remittance application.
The contents of the message mainly include: remittance amount and currency, payee name, address or account number, remitter name, address, postscript, position allocation method, remittance bank name or SWIFT system address, etc.
In order for the remitting bank to confirm that the content of the message was indeed sent by the remitting bank, the remitting bank must add the Testkey agreed to be used by both banks before the text.
After receiving the telegram or telex, the remitting bank will check whether the secret key is consistent. If it does not match, it should immediately draft a message to the remitting bank to inquire. If they match, a wire transfer advice will be issued and the payee will be notified of the withdrawal.
The payee presents the notice in duplicate to the remittance bank to withdraw the money, and after signing the payee's receipt, the remittance bank can use it to pay the remittance. In practice, if the payee has an account with the remittance bank, the remittance bank often does not issue a remittance advice, but only deposits the money into the payee's account by telegram, and then gives the payee a collection notification, which is also The payee is not required to sign a receipt.
Finally, the remitting bank sends the paid debit advice (Debit Advice) to the remitting bank. The telegraph fee in wire transfers is borne by the remitter. Banks generally process wire transfers on the same day, which does not occupy the remittance funds in the postal process. Therefore, for large-amount remittances or transfers through SWIFT or inter-bank transfers, wire transfers are often used.