How to calculate the handling fee for deposits and withdrawals in different places of the same party

No, you don't. "There is no commission for peer withdrawals. According to the notice jointly issued by the State Administration and the China Banking Regulatory Commission, from August 1, 2017, the handling fee for cash withdrawal at the counter and ATM of the Bank in other places will be cancelled.

At the same time, the collection of 6 charges, including handling fees, loss reporting fees, and production costs, for promissory notes and bills of exchange, will be suspended. The circular also requires that all commercial banks should take the initiative to waive account management fees and annual fees for the only accounts opened by customers with the bank.

In August, the State Administration and the China Banking Regulatory Commission jointly issued the Notice on Canceling and Suspending Some Basic Financial Service Charges of Commercial Banks, which clearly stipulates in Article 1 of the notice: cancel the handling fee for cash withdrawal over the counter of the bank in other places.

All commercial banks handle cash withdrawal business for personal customers of the Bank free of charge through the counters (including ATMs) of the Bank in other places (excluding credit cards). That is to say, if you take a debit card now, such as a CCB card, and withdraw cash at any of its outlets or ATMs across the country, CCB will not charge you a handling fee, otherwise it will be a violation, and you can complain to the CBRC or ***.

2. PS: One point to be noted here is that it is normal for rural commercial banks and rural credit cooperatives to charge fees for withdrawals in different places, because they are not the same bank, although we can see rural commercial banks and rural credit cooperatives all over the country, but these are not the same, China's rural credit cooperatives (rural commercial banks) are basically divided into independent institutions at the county level, and they generally belong to different banks across counties.

3. Inter-bank charges.

At present, as long as your debit card has the word UnionPay, then your card can be withdrawn on all other banks ATMs with the word UnionPay. Some banks will waive 1 or 3 transactions per month (for example, many national joint-stock commercial banks are currently like this); Some banks charge fees altogether (e.g. the Big Four).

4. PS: One point to note is that the cost of inter-bank withdrawal is not actually charged by the card issuer, but charged by UnionPay and the payment bank, for example, if you take 1 CCB card to ICBC's ATM machine to withdraw money, assuming that the handling fee is 2 yuan, of which the gross is charged by UnionPay, and the remaining yuan is charged by ICBC (you use its machine), CCB is nothing more than withholding, and then paid to UnionPay and ICBC through interbank clearing. The reason why small and medium-sized banks are free of charge is that these card issuers help us pay this part of the cost.

As long as it is the same bank, no matter in the province or outside the province, there will be no additional handling fees, so the withdrawal of funds in other places is free of handling fees. The policy is to cancel the handling fee for cash withdrawal at the counter of the Bank in other places for individuals in other places, and suspend the collection of 6 fees for cashier's checks and bills of exchange, loss reporting fees and production costs.

1. Is there a handling fee for non-local deposits in the same place?

Peer deposits in different places do not require handling fees, China now stipulates that whether it is local or non-local, whether it is a deposit or a withdrawal, whether it is through self-service channels or branch counters, there is no need for any handling fees, only in the same city or other inter-bank withdrawals are required to pay handling fees, and each bank for the handling fee is not the same. Users can transfer money through mobile banking, as most mobile banking has a fee-free limit.

2. How to bind a bank card to a mobile phone number:

Bind the bank card to the mobile phone, you can use the mobile phone to carry out some banking operations, in addition to the security of the bank account is also good, when someone logs in to your online banking or uses your account to trade, you can let you know through the mobile phone text message, so as not to be stolen.

1) Method 1: Handle it over the counter.

Go directly to the bank counter with your ID card to bind your bank card to your mobile phone number.

2) Method 2: Online banking.

1. Log in to your bank account. Wherever you open an account, you will open the homepage of that bank. Then log in to your account at the user login portal on the homepage;

2. After logging in, in the upper menu bar of the personal homepage, there is an option for customer service, click this option with the mouse;

3. Under the customer service options, there is an option menu for online banking security management, click this menu with the mouse;

4. After clicking on the option of online banking security management, a menu with four small options will pop up, in this menu, click on the security authentication mobile phone number, and then click on the right to register the security authentication mobile phone number.

5. In the step of registering a number, you must first select your account, then enter your mobile phone number, enter it completely, and click the button to get the mobile phone verification code.

No, you don't.

Non-local deposit refers to the depositor's deposit of money in place A (generally across provinces, cities and counties) in place A (generally across provinces, cities and counties) in other places, or others.

Bank deposit accounts opened by people generally charge a certain amount of non-local deposit fees. Since January 2017, the state has abolished all non-local banks.

Deposit and withdrawal fees.

For example, if you apply for a peony card in Shenzhen "Industrial and Commercial Bank", your deposit in Zhengzhou "Industrial and Commercial Bank" is a deposit in a different bank; If you have a card in Shenzhen "Industrial and Commercial Bank", the deposit in Zhengzhou "Construction Bank" is called a non-local deposit; If the card is issued in Shenzhen "Industrial and Commercial Bank", the deposit in Shenzhen "Industrial and Commercial Bank" is a deposit of the local bank, not a deposit in a different place.

No, you don't. According to the relevant regulations announced by the People's Bank of China at the end of September 2016, commercial banks that originally deducted foreign service fees for non-local deposits, withdrawals, transfers and other businesses within the bank shall be free of charge from January 1, 2017. In other words, users do not need to pay service fees when applying for deposit business at all ATM deposit and withdrawal kiosks or service desks of business outlets.

Intra-bank transfers are free of charge.

In order to effectively curb the behavior of buying and selling accounts and fake account opening, and comprehensively promote the management of the real-name system of accounts, the "Notice on Strengthening the Management of Payment and Settlement and Preventing New Illegal Crimes in Telecommunication Networks" clearly stipulates that from December 1, 2016, if a banking financial institution opens a bank settlement account for an individual, the same person can only open one account in the same bank. This is done to protect the funds.

At the same time, in order to reduce the cost of residents' transfers, the Notice on Matters Concerning Strengthening the Management of Payment and Settlement and Preventing New Illegal Crimes in Telecommunication Networks clearly states that if a bank charges a non-local handling fee for the bank's non-local deposit, withdrawal, transfer, and other businesses, it shall be free of charge within three months from the date of issuance of this notice.

On June 25, 2021, the central bank and other four ministries and commissions issued the "Notice on Reducing the Payment Handling Fees of Small and Micro Enterprises and Individual Industrial and Commercial Households", which shows that banks and clearing institutions are encouraged to appropriately reduce the inter-bank cash withdrawal fees of ATMs in the same city, and the charging standard does not exceed RMB, but the daily cash withdrawal limit for each card is 5,000 yuan, and if it exceeds, it is necessary to manually withdraw money at the counter.

According to the relevant regulations, no handling fee is charged for withdrawals from the same bank, whether they are in different places or local, but inter-bank withdrawals are subject to handling fees. It explains that as long as you transfer money to the card of the corresponding bank through online banking and APP for free, you can withdraw cash for free.

According to the previous relevant regulations, the fee for each withdrawal of money from the inter-bank ATM machine in the issuing city shall not exceed 2 yuan, and the fee shall not exceed 8 yuan for each withdrawal of money from the inter-bank ATM machine outside the issuing city.

It can be seen that ATM inter-bank withdrawal of money needs to collect money, but peer withdrawal is not charged, to avoid only the vertical removal of the handling fee is actually very simple, you can follow the following method to operate.

If you want to withdraw cash at the ATM of Bank A, it is very simple to have a loan card of Bank A, first transfer the money from other bank cards to the loan card of Bank A through online banking or APP (free), and then withdraw money from Bank A ATM through Bank A loan card, which is free of charge.

If you do not have a bank card from Bank A and want to withdraw money from the ATM of Bank A, the inter-bank in the same city will charge a fee of no more than RMB per transaction, and the inter-bank in other places will charge a fee of no more than RMB 8 per transaction.

Under normal circumstances, mobile payment is now widely used, and it is completely possible to use Alipay, WeChat, UnionPay and other mobile payment means or bank transfer, not necessarily to withdraw cash, in case you want to use cash, it is best to withdraw money at the ATM machine of the card issuing bank, whether it is local or remote, it is free, and now the ATM machine of the bank is very difficult to charge handling fees, and the mountain beam is now for the major banks to install ATMs everywhere in the past few years, and now there are very few.

Inter-bank withdrawals are subject to handling fees, which are divided into two types: intra-city inter-bank and non-local inter-bank, with five major behaviors as examples:

1. Inter-bank withdrawal fee in the same city: 4 yuan for Bank of China, 4 yuan for Industrial and Commercial Bank of China, 4 yuan for China Construction Bank, 1% of the withdrawal amount for Bank of Communications, 1 yuan for the lowest and 100 yuan for the maximum, and 4 yuan for the Agricultural Bank of China.

2. Non-local inter-bank withdrawal fee: Bank of China is the withdrawal amount, the minimum is 4 yuan, the maximum is 50 yuan, the Industrial and Commercial Bank of China is the yuan of the withdrawal amount, the maximum is 50 yuan, the construction bank is 1% of the withdrawal amount + 2 yuan, the minimum is 4 yuan, the Bank of Communications withdrawal amount is +2 yuan, the minimum is 5 yuan, and the Agricultural Bank of China is the withdrawal amount of 50 yuan.

Local inter-bank withdrawals require handling fees, and the current fees of major banks for local inter-bank withdrawals are as follows:

1. Bank of China.

Inter-bank ATM cash withdrawals, the maximum charge is 4 yuan.

2. China Construction Bank.

The inter-bank withdrawal fee for debit card ATM is 4 yuan per transaction in the same city.

3. Industrial and Commercial Bank of China.

The handling fee for inter-bank withdrawals is 4 yuan each time, and each card is limited to 20,000 yuan per day.

4. Agricultural Bank of China.

Debit card and quasi-credit card handle inter-bank cash withdrawal services at ATMs of other banks, 4 yuan in the same city 5, Bank of Communications.

When withdrawing money between local banks, a handling fee of 4 yuan will be charged for each withdrawal.