Hong Kong banks with low cross-border remittance fees

The article summarizes some Hong Kong banks that make cross-border remittances very cheap and convenient. It can also make free remittances to designated regions. Cross-border remittance, paying bank ( → transit bank ) → receiving bank, may not go through a transit bank. Generally, it is not free. The remitting bank charges handling fees and telegraphic transfer fees, the receiving bank charges landing fees, and the transit bank also charges...

December 24, 2024 · 4 min · Finvoke

Macau Banks: Free Transfer Phone Calls

This article lists the free customer service phone numbers provided by Bank of Macau for customers in mainland China. Normally, calling Macau from overseas is considered an international long-distance call, which is very expensive. Have you ever felt the pain of high international long-distance fees? Don’t worry! Many banks have opened free transfer hotlines to Macau, which is simply the “ultimate weapon for saving money.” Customers can save international long-distance...

December 13, 2024 · 2 min · Finvoke

Hong Kong Banks: Free Transfer Hotline

Free customer service hotline provided by Hong Kong banks for mainland China customers. Normally, calling Hong Kong from overseas is considered an international long-distance call, which is very expensive. Have you ever felt the pain of high international long-distance fees? Don’t worry! Many banks have opened free transfer hotlines to Hong Kong, which is simply the “ultimate weapon for saving money.” Customers can save on international long-distance call charges by...

December 12, 2024 · 2 min · Finvoke

OCBC Singapore clears user-related information.

From December 2024, ineligible customers who opened accounts through the OCBC APP, even if they have used the accounts for a long time, will have their accounts closed. The clean-up operation will be completed by April 2025. Reason for Clean-up According to confirmation from OCBC Singapore customer service, the main reason for the account clean-up is due to the influence of Singapore’s domestic policies. The new account opening requirements have...

December 11, 2024 · 3 min · Finvoke

Hong Kong banks: CHATS charges for USD and EUR transfers

In Hong Kong, the Clearing House Automated Transfer System (CHATS) is the most convenient way to transfer US dollars and Euros. Basic knowledge of bank accounts and cards in Hong Kong The CHATS system is like an enthusiastic postman, responsible for delivering US dollars and Euros to where you want them to go. However, the postman doesn’t work for free. Today, let’s uncover the mystery of these transfer fees and...

December 5, 2024 · 1 min · Finvoke