When dealing with cross-border remittance business, it is correct to register the remitter’s name, account number, domicile and the payee’s name, domicile and other information.

Cross-border remittance refers to the business of personal online banking customers conducting foreign exchange remittances within the prescribed limit to payees who have opened bank accounts outside the mainland. Cross-border remittances have both telecommunications fees and handling fees, and the operation is relatively time-consuming.

Extended information:

Since cross-border remittance fees generally have a maximum limit, it is recommended to increase the single remittance amount within the maximum limit as much as possible to reduce the number of remittances and save each time. Telegraph fee for remittance.

Cross-border remittance reduces the risk of loss when carrying cash on your own, and no matter how large the amount is, you do not need to apply for a "Foreign Currency Carrying Certificate", which is relatively safe and convenient; you can spend first and repay later and the repayment is convenient; the fee is favorable .

Baidu Encyclopedia-Cross-border Remittance