Remittance Wiki

Wondering how to fill in the recipient address when wiring money to a Hong Kong account? This guide provides detailed examples, teaching you to convert Chinese addresses into English format following the order “Flat/Room → Floor → Building → Street → District”. It also covers key fields like recipient name and SWIFT Code to ensure your transfer succeeds on the first try.

Want to know how to exchange USD to CNY while avoiding exchange rate losses and hidden fees? This article provides 7 practical methods, from comparing banks and online platforms to timing the best exchange moments and using large-amount negotiation strategies, helping you calculate the final received amount and easily save a substantial sum.

Want to know the best ways to send money from China to the US in 2025? This article compares platforms like Wise and BiyaPay with traditional banks on fees, exchange rates, and arrival times, helping you avoid high fees and find the cheapest, fastest options.

Want to lower cross-border remittance fees? Stop relying on expensive banks. This article summarizes 5 practical tips: choose low-fee platforms, seize the best exchange rates, consolidate large transfers, avoid hidden charges, and help you save costs effectively while ensuring full amount arrival.

Planning to send money from abroad to Bank of China? This article breaks down fees, the $50,000 personal foreign exchange limit, and arrival times. Learn the differences between Wise, Remitly, and bank wire transfers to choose the lowest-cost, fastest option and avoid hidden fees and delays.

Is Wise currency exchange service really useful? This article provides a comprehensive review of its fees and exchange rates, revealing its money-saving advantage through the mid-market rate, and compares it with banks and PayPal. It also deeply analyzes potential traps like payment methods and transfer limits to help you decide if it's a money-saving tool or carries hidden risks.

International wire transfer fees too high? Stop using banks! This article reveals 5 practical tips to help you choose the best online platforms, calculate real costs, seize the optimal exchange rates, say goodbye to hidden fees, and save on every cross-border transfer.

Want to know how to save money when sending remittances from China to the US? Traditional bank wire transfers involve fees and exchange rate losses up to hundreds of dollars. This article reveals how online platforms like Wise bypass intermediary banks and use mid-market exchange rates to legally cut remittance fees in half, ensuring more funds arrive safely.

Planning to transfer money from China to the US? Understanding key tax reporting rules is the first step to avoiding IRS penalties. This article reveals how to properly report annual gifts exceeding $100,000 using Form 3520 and provides practical tips to avoid structuring and ensure your funds are safe and compliant.