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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...

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...

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...

Faster Payment System (officially known as Faster Payment System; English: Faster Payment System, abbreviation: FPS) is Hong Kong’s free real-time transfer platform for Hong Kong dollars and Renminbi. Faster Payment System can only transfer Hong Kong dollars and Renminbi. Some banks may use the Faster Payment System/Local Transfer transfer function to transfer US dollars, but in fact, they are using the local transfer method of CHATS, not Faster Payment System...

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