If the overseas payee's bank is not in the same bank as that of Bank of China, the overseas account correspondent bank of Bank of China should choose a bank that has an account agency relationship with the payee's bank for transfer. It is also an agent bank when transferring money through this account, and it will charge some remittance bank fees.
Moreover, there may be two remittances with the same payee and the same bank name, and the remittance fee is different, because there may be many possibilities when choosing an agent bank, that is, when choosing a route. For example, if the same two remittances are made by two different managers, it may be that the remittance banks have different choices and different handling fees are charged.
It depends on the charging method you choose when you remit money, whether the sender pays or the payee pays. If the selected payee pays, it will be deducted directly from the remittance amount and deducted by the agent.
Extended data:
Outward remittance operation flow
1. The remitter fills in the remittance application form and signs or seals it.
2. The remitter should indicate the remittance method (telegraphic transfer, money order or letter transfer) on the application form.
3. The remitter provides import and export contracts and invoices to the bank.
4. In case of cash on delivery, the customs declaration form (proof of foreign exchange payment) or detailed list of imported goods shall be provided for the bank to verify. If it is prepaid, it should be registered on the network service platform. If the non-trade amount exceeds 50,000 yuan, a tax payment certificate shall be provided.
typical case
Company A wants to prepay US$ 500,000 for trade with Company S of the United States, and apply to the bank for telegraphic transfer. Banks review import and export contracts and other supporting documents according to the national foreign exchange policy. After verification, Company A fills in the remittance application, indicating the name, address, bank and account number of the payee. After the bank handles the formalities of selling foreign exchange according to the foreign exchange management policy, it chooses a reasonable remittance path for it to handle the remittance.
References:
Remittance-Baidu Encyclopedia