Remittance

Remittance refers to the transfer of funds from one place to another. Conducted through banks or other financial institutions to ensure the safety and reliability of funds. Remittances can be used to transfer funds between individuals, as well as for business transactions and international payments.

1. Remittance is divided into cash remittance and transfer remittance. For cash remittance, you fill out the remittance form and hand the cash and remittance form directly to the teller for you to remit to the payee. If you are remitting the money in the account to the other party, you need to withdraw it first. After remittance. Transfer remittance is to transfer money from your own account to the beneficiary.
2. Bank remittance process:
   （1） Remittance: After confirming that the passbook account (or card number) and account name provided by the payee are correct, take the cash to the bank and directly deposit it into the payee’s account.
   （2）It is recommended to open an account in the bank, then fill out a wire transfer form, fill in the receiving account number, account name, and bank name of the other party, and transfer money from the account to the payee. This method is the safest. If the payee’s account has been canceled or the account name (or account number) is incorrect, the remittance will be returned directly to the transfer account.
3. （3）If you find it troublesome to open an account, you can remit money directly by cash and fill in a wire transfer form for remittance, but you must fill in the receiving account number, account name, and bank name of the account opening clearly.
   （4）If you have opened personal online banking, you can directly handle it in the external transfer of online banking, and just fill in the payee’s information;
   （5）If you have opened telephone banking, you can use telephone banking to transfer money.