There are three ways for China Industrial and Commercial Bank to deduct overseas remittance fees;

1. Counter remittance: handling fee 1, minimum RMB 50, maximum RMB 260, telecom fee 150.

2. Online bank remittance: 20% discount on the counter handling fee, with the lowest handling fee of RMB and the highest handling fee of RMB 160.

3. ICBC Express: 20% discount on counter handling fee.

Extended data:

Advantages of cross-border remittance:

1. reduces the risk of loss of self-brought cash, and it is relatively safe and convenient to apply for foreign currency carrying certificate regardless of the amount.

2. Repayment can be made after consumption, which is convenient. For international credit cards issued by some banks, cash can be directly deposited in all domestic outlets, and repayment can also be made through ATM or online bank transfer.

3, the cost is favorable, when using international credit cards, parents deposit in China, and children spend abroad without handling fees.

References:

Baidu encyclopedia-cross-border remittance