1. There are several ways for Taiwan Province Province to remit money to the mainland:

1. Banks in Taiwan Province Province can directly remit money to RMB accounts of mainland banks, and bring personal ID cards or passports and money to the banks for processing. If you receive the remittance within a day or two, you must have the Swift code of the mainland bank. Before remittance, ask the mainland bank about foreign remittance and give it to the remitter in Taiwan Province Province. Limited by the upper limit of $50,000 per person per year for mainland recipients.

2. Western Union Remittance: Western Union Remittance is handled in Taiwan Province Guotai Shihua Bank. The advantage is that you don't need the Swift code of mainland banks, and the remittance target is individuals. The remitter in Taiwan Province Province only needs to fill in the city and name of the payee in Chinese Pinyin on the application form. After remittance, you will get the serial number and password of the remittance memo, and ask the mainland payee to bring his ID card to the Agricultural Bank of China or the post office to prompt for the serial number and password. The maximum remittance is $7,000 each time.

Second, Western Union remittance from Taiwan Province Province to the mainland is very convenient and fast, and the handling fee is also very cheap. Taiwan Province cooperates with Thai Credit Bank and Cathay Pacific Shihua, and the mainland cooperates with China Post. You don't need to open a separate account for remittance in Western Union, just give the payee a password after remittance. The payee only needs to take this password to withdraw money.

Extended data

The remittance fee at the counter is very high.

There are many ways of bank remittance, but bank counter remittance is still one of the mainstream remittance methods, especially for middle-aged and elderly people, and counter remittance will be the first choice.

Compared with other remittance channels, the counter remittance fee rate is higher. It is understood that the four major banks collect 0.5% of the remittance amount through the counter, with the lowest in 2 yuan and the highest in 50 yuan; Postal Savings Bank collects 0.5% of the remittance amount, ranging from 5 yuan to 50 yuan.

Other joint-stock commercial banks or city commercial banks charge a little less, but it is relatively inconvenient because there are few outlets. For inter-bank remittance in different places, the handling fees of the four major banks are all 1% of the transfer amount, which is also the lowest in 2 yuan, but the difference is that some banks have the highest handling fees in 50 yuan and some have the highest 100 yuan. Most other banks charge according to the amount.

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What is the best way for China CITIC Bank-Taiwan Province Province to remit money to the mainland?