Banks can choose:
1, Bank of China (higher handling fee)
2. CITIC Industrial Bank
3. Other banks
Methods that can be handled (national regulations):
1, the maximum remittance of Western Union is $2,000, and the handling fee is $25. It starts in 40 minutes. More than $2,000 requires proof of tuition fees from the other school and can only be remitted to the school. 10000 USD, and the handling fee is 40 USD. 60,000 yuan requires a handling fee of 2,000 dollars.
Need the name, address, account number, account name and account address of the other bank.
2. Money orders are the cheapest.
The maximum cash is $2,000, and the maximum cash transfer is $65,438+0,000+0 days, but the remittance should be checked every day.
If it is higher than 1 000 yuan, it needs the approval of the State Administration of Foreign Exchange, and the handling fee is 0. 1%, with a maximum of 250 yuan.
The bill only needs the other party's name. After processing the bill, you can send it to the other party by express delivery. The other party needs to go to Citibank and other banks to remit money, which requires a certain handling fee.
Step 3 wire transfer
Please indicate the payee's name, account number, detailed address (if any), the name and address of the payee's bank, the correspondent bank and current account (if any) of the payee's bank. It will arrive in four days. The charge is about $30 more than the money order, and the remittance fee may be lower.
4. Other remittance services, such as China Merchants Bank, have similar remittance services.
To transfer money through PayPal, you need a credit card and an ebay account, which makes the operation unfamiliar.
6. Remit money from an American friend and give RMB to his relatives in China.