At the request of the remitter, the bank remits the remitter's funds to the payee in some way through its foreign correspondent bank or correspondent bank.

2. Classification:

According to the different payment instruments used in remittance, foreign exchange remittance can be divided into three types: wire transfer, letter transfer and draft, among which letter transfer is less used in practical business; According to the flow of funds, it can be divided into outward remittance and inward remittance.