telegraphic transfer

Telegraphic transfer is a common way to pay tuition at present. Similar to a bill of exchange, RMB is exchanged by a bank, and the bank pays by telegram or telex to the designated bank of the other party. Pay one thousandth of the handling fee (maximum 260 yuan) and 150 yuan telegraph fee for each wire transfer. Because you don't need to bring a voucher to school like a money order, wire transfer is faster and safer.

draft

Draft is the recommended choice. Convert RMB into foreign currency and deposit it in China Bank. Write down the address of the school and the payee's account. The bank will issue a piece of paper with the details of the amount and the payee, that is, a draft, and take it abroad to the school. Schools can withdraw money by draft.

Second, wire transfer operation process and wire transfer precautions are as follows:

Fill in the telegraphic transfer application form:

"Payee's bank name, address and country" column? (Fill in and check: name and address) (country and SWIFT code are not required)

"Payee's name and address" column (fill in and check: account number, name and address)

You can write down your name, student number, the project you are studying and the purpose of the money on the remittance postscript.

Handling fee, 200 yuan. To be on the safe side, you should put a cross in the column of "Payee" in the column of "Overseas Payee", which means that no matter how many banks the money is transferred into and out of China, the handling fee will be paid by HKU. Put a cross in the "remitter" column of the "domestic expenses undertaker" column, and the University of Hong Kong will receive your money and they will inform you.

Note: T/T is safer than money order. You can apply for telegraphic transfer, which is very quick.