What is Remittance? 5, What is remittance?

Remittance is to pass the money to another person you want to pass through the post office, you first fill out the remittance form at the post office, write how much money you want to remit, and to whom, after a period of time, the other person can receive your remittance form, with the voucher you can go to the post office to withdraw the money, and send a letter is not much different, but the procedures are more complicated, because it is sending money.

Another noun explained:

Inward remittance is a business in which the remitter remits money directly to the savings account opened by the recipient through the post office.

How do users handle the "incoming remittance business"? First of all, the beneficiary must open a postal savings account at the post office, reserve a password, and notify the remitter of the name of the opening office, account name and postal savings account number. The remitter goes to the post office to fill in a "remittance into the account" notice, and fills in the current account number opened by the payee at the post office, the name of the postal savings account opening office, the name of the payee depositor, and the amount of remittance in the account as required.

If you are worried that the remittance will not be credited to your account, you can select "Deliver by Address" and "Return" on the incoming remittance advice, and the post office will deliver the uncredited remittance advice to the payee or return it according to the user's choice. At the same time, you can choose whether the remitter will notify the payee (depositor) after the remitter is credited to the account, and select the need for "deposit notice, and the post office will issue a notice after the remittance is credited to inform the payee (depositor) that the remittance has arrived in the account.

A personal wire transfer is when the sender remits the deposit (or cash) from the account to the current savings account of the designated beneficiary in another place.

The remitter can use the remittance account to make remittances at any of the online savings outlets, and the beneficiary can also withdraw and withdraw remittances from the receiving account at any of the online savings outlets.

Remittances can be received within 24 hours, and can be postponed on weekends or holidays.

Personal remittance fee: 1% of the remittance amount, with a minimum of 1 yuan and a cap of 50 yuan

Domestic remittance refers to domestic remittance. Generally, it refers to the user's deposit of cash into a designated domestic account. The bank may charge a fee when making a bank transfer, and the fee charged by different banks is different.

Domestic remittances can be carried out within peers or between banks, and the time for receiving the money may be different at the time of remittance. When sending money within the region, there is generally no fee for domestic remittance, and only when it is cross-regional, it will be charged.

If you make an interbank transfer, the bank will charge different fees depending on the route chosen. When making a remittance, users can choose between bank counters and online banking.

Mobile banking, etc. In addition to domestic remittances, there are also overseas remittances, which include cash remittances, foreign currency draft remittances, traveler's cheque remittances, and credit card remittances. Generally, for those who study abroad for the first time, do not have an overseas account and carry a large amount of foreign currency funds, they can use foreign currency drafts.

Users can carry some foreign currency out of the country when they go abroad, but they must apply for a "Permit to Carry Foreign Currency Abroad" and take the initiative to show it to the customs when leaving the country. The "Permit to Carry Foreign Currency Abroad" can be processed at the bank, and a handling fee of about RMB 10 will be charged for each "Permit".

There is no difference between money transfer and remittance, but the meaning is the same.

The meaning is all the same! It's just not the same to speak.

There is no difference between payment and remittance, which is actually to go to the bank to handle transfer and wire transfer business.

1.The difference between remittance and transfer is that transfer refers to a settlement method that does not directly use cash, but transfers money from the payment account to the receiving account through the bank to complete the receipt and payment of currency. Remittance, also known as remittance, is a settlement method in which the payer uses a certain settlement tool (bill) to deliver the money to the payee through the bank.

The two are billed differently.

2.Different subjects: remittance and transfer are not much different, generally the same city business is called transfer, and the non-local business is called remittance, but at present, the name has been updated, collectively referred to as transfer and remittance business, like city, non-local, inter-bank transfer and remittance business.

3.Different settlement methods: transfer of account refers to a bank currency settlement method that does not directly use cash, but transfers money from the payment account to the receiving account through the bank to complete the receipt and payment of currency.

Remittance is a settlement method that replaces it with a settlement tool.

4.The way of operation is different: the remittance is generally done at the bank counter, and the money can also be deposited into the self-service deposit machine through the self-service deposit machine, and the money can be deposited into it. The transfer can be operated through the counter, self-service equipment, online banking, and mobile banking.

5.Generally, inter-peer transfers are called remittances, and inter-bank transfers are called transfers.

Remittance refers to the process of transferring a sum of money from one place to another. Usually, this transfer is made through a bank or other financial institution to ensure the safety and reliability of the funds. Remittances can be used for the transfer of funds between individuals, as well as for business transactions and international payments.

During the remittance process, the sender (sender) hands over the specified amount to the bank or financial institution and provides the recipient (recipient) information such as name, and place of receipt. The bank or financial institution will transfer the money to the recipient's account or provide cash or cheque for the recipient to collect as instructed.

Money transfers usually require a processing fee, depending on factors such as the bank or financial institution used, the amount of the transfer, and the destination. Remittances can be made in different parts of the same country or across borders, supporting conversions between different currencies.

Remittance plays an important role in personal life and business transactions, such as sending money to family members, paying bills, buying goods, or paying for goods to merchants. Through remittances, funds can reach their destination safely and quickly, facilitating people's payment and transaction needs.

Remittance: The transfer of funds from one account to another is known as a money transfer. Money transfers can also be traditional wire transfers, but money transfers can also be made digitally and instantly** rather than through a bank.

A remittance transfer is when one party sends money to another party by electronic money transfer, usually from overseas. "Send money"from"Send money"The word, means:"Send money", usually refers to money sent back to family and friends by immigrants working abroad.