bank telegraphic transfer
It is best to choose overseas branches of domestic banks, which saves the steps of transferring from China to other countries. This can save time and cost, because every secondary school will deduct a part of the handling fee when doing secondary school.
Bank wire transfer needs to fill in the wire transfer application form at the bank counter, and the information includes:
1, remittance currency and amount
2. Name and address of payee
3. The payee's bank, SWIFT code and bank card number.
Western Union
Compared with bank remittance, the outlets of Western Union remittance are dense. However, there is a limit on the amount of Western Union remittance, and the operation is a bit troublesome, so you need to fill out the remittance slip. But the exchange rate offered by Western Union is much worse than that offered by banks. Western Union remittance will take half a day and three days.
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.
Panda Su Hui
Different from traditional cross-border remittance methods such as banks and Western Union, Panda Express omits the transfer link and directly connects the remitter and the payee, which can be received 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, Panda Express saves a lot of offline operating expenses because there are not many offline stores, so the handling fee is much cheaper. At present, Panda Express adopts a single fixed fee model. Take Japan as an example, the charge is only 800 yen/transaction, and their new users are free for a limited time, which can be said to be the most affordable personal remittance method at present.
Information required by Panda Express:
Personal information of the remitter, personal serial number card or personal serial number notification card+proof of residence. In addition, the remitter must hold a debit card issued by the Bank of Japan. The payee only needs to provide the card number of any domestic bank and the reserved telephone number of the bank.