Agricultural Bank of China: The limit is $7,500.
Everbright: limit 15000 USD.
All three banks can only handle this business at outlets above district-level branches, all of which are handled at the counter, and the window has the words Western Union.
Second, exchange US dollars at the Bank of China and take them directly to the above institutions for remittance, or take RMB directly to the above institutions for remittance.
3. You remitted US dollars. When you arrive in Singapore, the payee can exchange it for new dollars at the local exchange rate, which is more cost-effective.
Fourth, small remittances are cheaper in Western Union than in Bank of China.
Western Union's charging standard is
0-500: 15
50 1- 1000:20
100 1-2000:25
200 1-5000:30
500 1- 10000:40
10000 or more, you need to consult the remittance bank. The units are all dollars.
The handling fee of China Bank is 150 RMB per post and telecommunications fee, 1% handling fee. If you bring your own remittance in US dollars, you will also charge a difference fee of about 1%.
The exchange rates are all determined according to the foreign exchange quotations published by the Bank of China, so they are all the same.
Compare which is cost-effective.
You don't need to register as a member, just send money directly, bring your ID card, and you will be given a list after remittance. Keep it safe. The information you fill in (actually the English spelling of your name and his phone number) and a 10-digit withdrawal password (this password should also be used when checking whether it has been remitted) are what the payer needs to know, so that he can bring valid documents to the local area to handle Western Union remittance.
It seems that Western Union Headquarters has issued a membership card, so you can get points. We don't know how to use it, and we don't know what other advantages it has, because it has not been issued in China.
It seems that remittances to other countries except Singapore and South Korea can be made directly through the Bank of China, but only these two countries can make remittances. I wonder if it is because any bank in these two countries can exchange RMB. I sent money to South Korea, NND, and I lost a lot in the middle.