Because most overseas remittances are telegraphic transfers, they are handled by telegram, so there is an extra cable fee. Remittance refers to the remittance of domestic and foreign currency funds to all parts of the world through banks.

At present, our cross-border remittance mainly adopts telegraphic transfer. T/T and telegraphic remittance. T/T TT, a trade term, is called "telegraphic transfer" in English. T/T mainly refers to SWIFT remittance. SWIFT can be understood as a network composed of banks and other financial institutions. In this network, each bank will be assigned a BIC bank identification code. When using SWIFT to remit money, you need to provide the BIC and bank account number of the other bank, which is generally an online banking operation, usually 1-3.

Remittance limit: generally, if the accumulated equivalent value of that day is less than USD 50,000 (inclusive), it can be remitted directly; If it exceeds the above amount, the authenticity certificate of the transaction amount shall be submitted.

Cost:

Fees generally include three parts: handling fee+telegram fee+transfer fee (10-30 USD).

What is the transfer bank fee:

In most cases, there is no direct account transaction between the collecting bank and the collecting bank, but it must be remitted to the collecting bank through another bank or banks (that is, the collecting bank). Every remittance bank will deduct a remittance fee when doing remittance business. In this way, when the remittance is remitted to the payee, it is no longer the original remittance amount. Similarly, if foreign exchange is refunded, the amount refunded must be less than the original remittance amount.

a-& gt； Transit usually requires b and C. This middle bank C is generally an internationally renowned and relatively large bank, that is, most of the routes actually taken are A->; m-& gt； C.M will earn a certain transfer fee (10-30 USD).

Currently doing wire transfer platform:

Xtransfer is the fastest growing in recent years.

Although some time ago, there was a small problem in the cloud remittance, but normal users did not affect it.

Moneyboxs is fast, mainly supporting Europe and America, and the support area is not as wide as the above two.

Wanli Remittance is now closed for telegraphic transfer registration.