Remittance refund refers to the transfer of A to B, but A applied for account cancellation before remittance to B's account, so the transferred A was returned, which is called remittance refund. As for whether there is a handling fee for remittance, it depends on the bank's regulations. The common reason for remittance refund is that the sender applies for remittance refund and the payee refuses to remit money.

Failure to pay the remittance beyond the specified time will lead to overdue remittance withdrawal, and no fees will be incurred during this period.

1. The main reasons for how to calculate the remittance refund business are: the remitter returns the remittance for some reason, the payee refuses the remittance, and the remittance cannot be paid after the deadline. The remitter's request for remittance refund is limited to the case that the payee has not opened an account in the remittance bank. If the payee has an account in the remittance bank, the remitter and the payee should contact to return the remittance. If the payee does not open an account in the remittance bank and the remitter requests to refund the remittance for some reason, he should prepare a letter or his ID card, and attach the original receipt of the remittance voucher.

2. After receiving the review, the remitting bank shall issue a remittance refund application to the remitting bank. If the remitting bank confirms that the remittance has not been paid, it shall reply to the remitting bank and return the remittance. The remittance bank shall immediately return the remittance rejected by the payee; Remittances that have not been delivered two months after the withdrawal notice is delivered to the payee shall be returned voluntarily. The remittance bank voluntarily returns the remittance.

3. Remittance means that the payee opens a current account in the Bank of China and Japan or its branches and deposits it, and then informs the overseas remitter of the account number, account name (standard Chinese pinyin) and the name, address and shortcut code of the bank. If the currency of the overseas remitter is different from the currency of the income account opened by the payee, the bank will make the following treatment: if the money of the overseas remitter is different from the currency of the remittance account designated by the payee, for example, the overseas remitter needs to add a large amount of US dollars, and the account opened by the payee is a US dollar account, China Bank will exchange it according to the quotation on the service day and deposit it in the US dollar account. Personal copy of overseas RMB remittance that cannot be converted into foreign currency If the foreign currency remittance is in foreign currency, the Bank of China can exchange the latter's RMB account.

4. Remittance: If the remitting bank has opened a current account with the Bank of China, it can generally declare the full remittance to the Bank of China. However, if most foreign exchange banks have no account relationship with China Bank, they must transfer money to China Bank through another bank or several banks, and each transfer bank will deduct a transfer fee from foreign exchange deposits when handling the transfer business. Therefore, the payee may receive a wire transfer less than the original remittance amount.