How to send money abroad

1. Overseas remittance can be made through Western Union at domestic post offices.

2. Related wire transfer business can be handled through the counters of domestic banks such as Bank of China, Agricultural Bank and China Construction Bank;

3. Remittance can be made through domestic bank card online banking, and the remittance can be completed by filling in relevant information.

Second, remittance procedures;

1, remittance currency and amount (Arabic numerals)

2. Name and address of payee

3. Account number of the payee in the bank.

4. The name, SWIFT code or address of the payee's bank.

3. To send money abroad, telegraphic transfer is a common method. Generally, wire transfer takes two to three working days to reach the account, which is divided into foreign exchange remittance and foreign currency remittance. If you accept foreign exchange remittance.

Generally, a handling fee of one thousandth of the remittance amount and a telegram fee of 150 yuan RMB (80 yuan, Hong Kong and Macao) are charged. If remittance is made in foreign currency cash, there is a certain amount of "cash-to-foreign exchange" fee in addition to one thousandth of the handling fee and telegram fee, which is charged according to the difference of "selling money to buy foreign exchange" on the same day.

The cost of converting paper money into foreign exchange is because, as far as personal savings are concerned, foreign exchange can be directly converted into foreign paper money, but foreign paper money cannot be converted into foreign exchange at will. When the remitter "remits" cash, because the cash is in physical form, the bank must transport it abroad, and the transportation cost will be borne by the customer, which is manifested as "selling cash to buy cash" (the customer sells cash to buy cash). The handling fee and handling fee of "money to foreign exchange" can be converted into RMB according to the exchange rate of the day, and the lowest handling fee after conversion is 50 yuan and the highest is 260 yuan.

Many banks in the United States can handle this kind of business, including Florescence Bank, Bank of China and ICBC overseas branches. You only need to provide your account number, account name and bank code (you need to consult the bank, you can't receive remittance without English code), and the time is about 3 ~ 5 days.

It is best to choose domestic big banks for foreign remittance.

Bankers said that it is best to choose domestic big banks for foreign remittances, because big banks have many agencies abroad. For example, Bank of China has branches in many big cities abroad, such as new york, London, Frankfurt and Tokyo. If the remitter handles the remittance of the draft at the Bank of China, the payee can go directly to the foreign business outlets of the Bank of China to handle the payment procedures.

If there is no business outlet of the remitting bank, it shall be handled at the entrusting bank designated by the remitting bank. Relatively speaking, it is not as fast and convenient to handle it in the entrusting bank as it is in the directly affiliated business hall. In addition, the network of big banks should be wider. Compared with small banks, there are fewer intermediate turnover links and remittance is more secure.

Wire transfer is convenient and fast.

According to Ms. Huang, Personal Finance Department of China Bank Shenzhen Branch, overseas remittance is a common way. At present, many schools require students to directly wire their tuition fees to designated accounts. Generally, wire transfer takes two to three working days to arrive, which is divided into foreign exchange remittance and foreign currency remittance.

If foreign exchange remittance is adopted, China Bank will charge a handling fee of one thousandth of the remittance amount and a telegram fee of 150 yuan RMB (80 yuan in Hong Kong and Macao).

If remittance is made in foreign currency cash, there is a certain amount of "cash-to-foreign exchange" fee in addition to one thousandth of the handling fee and telegram fee, which is charged according to the difference of "selling money to buy foreign exchange" on the same day.

According to reports, the cost of converting paper money into foreign exchange is because as far as personal savings are concerned, foreign exchange can be directly converted into foreign paper money, but foreign paper money cannot be converted into foreign exchange at will. When the remitter "remits" cash, the bank must transport it abroad because of its physical form, and the transportation cost will be borne by the customer, which is manifested as "selling money to buy cash" (customers sell cash to buy cash).

The handling fee and handling fee of "money to foreign exchange" can be converted into RMB according to the exchange rate of the day, and the lowest handling fee after conversion is 50 yuan and the highest is 260 yuan.

Airline remittance is relatively cheap.

According to a person from Shenzhen Branch of China Bank, bill remittance means that the bank draws a draft for the remitter, and then I take the draft abroad or mail it abroad. There is no cable fee for remittance, and other charging items and standards are the same as telegraphic transfer.

Although the cost of remittance is relatively cheap, it is not as fast as telegraphic transfer, and remittance needs to go to the foreign outlets of the billing bank or the designated collection bank of the billing bank to understand the payment procedures.

Bankers suggest that it is best to use telegraphic transfer for large remittance, because once the loss is reported, it is relatively troublesome, and the bill has a validity period of one year and will be returned to the original billing bank after one year.

Credit card consumption is under control

Before children go abroad, they can apply for an international credit card at the local bank, and choose the form of the main card and the auxiliary card. The main card of the credit card is left with you, and the secondary card is taken away by the child.

Outside the country, children can use the supplementary card for daily consumption, generally without any additional formalities (the bank will automatically convert it into the currency of your credit card according to the foreign exchange transaction quotation published by the international credit card organization for settlement). Some schools can even pay tuition directly by credit card.

Western Union remittance and currency will arrive soon.

At present, professional remittance companies have cooperated with domestic banks and launched a series of fast transnational remittance services, such as Western Union remittance with Agricultural Bank of China and Post Office, and MoneyMoney remittance with Industrial and Commercial Bank of China.

Extended data

The basic procedures and formalities of international wire transfer are:

1. The remitter fills in the telegraphic transfer application, pays the remittance to the remittance bank, and obtains the telegraphic transfer receipt.

2. The remitting bank sends a telegram or telex to the remitting bank, and sends a telegram to the remitting bank for confirmation, so as to check the message.

3. After receiving the telegram, the remittance bank will send a telegraphic transfer notice to inform the payee to withdraw money.

4. When the payee draws money from the remittance bank with the notice in duplicate, he must stamp the receipt of the payee and hand it over to the remittance bank so that the remittance bank can pay the remittance.

5. The remitting bank sends the paid debit notice to the remitting bank to complete the wire transfer remittance.

T/T is faster, but the handling fee is higher, so T/T is only used in case of large amount or emergency. In addition, when telegraphic notification is made, the funds will be delivered in a short time, and the remittance bank can occupy the funds in a short time, sometimes even not at all.

References:

Baidu International Wire Transfer Encyclopedia