When a company makes overseas payments, it needs to follow a detailed process. First, go to the bank counter to fill out the English wire transfer application form. The key information must be accurate, including: clearly indicating the currency and amount of the payment (Arabic numerals), the full name and detailed address of the payee, the payee’s account number in an overseas bank, and The full name and SWIFT code (SWIFTCODE) of the beneficiary bank, or the bank's detailed address.

For payment methods, companies can choose from a variety of cross-border remittance channels: Cash: Suitable for short-term travel or emergencies. Please pay attention to the State Administration of Foreign Exchange’s restrictions on carrying foreign currency out of the country. Wire transfer: is the most common method of transferring money directly to the recipient's account through the international banking system. Foreign currency drafts: Suitable for those who are traveling abroad for the first time and have a large amount of funds. They are easy to carry, have low handling fees, and are guaranteed and refundable. Travelers Checks: Flexible and secure, suitable for everyday purchases such as shopping, dining and paying bills. Credit cards: International credit cards provided by domestic banks, including those with multiple currency functions, or specially designed for international students, can be widely used abroad.

Each of the above methods has its own characteristics and applicable scenarios. Enterprises should choose the most appropriate payment method based on actual needs and the requirements of the bank where the payee is located.