There is no handling fee for WeChat transfer.

there is a handling fee for withdrawing cash.

On February 15th, 216, Tencent Customer Service announced that since March 1st this year, WeChat Pay stopped charging fees for the transfer function. From the same day, the handling fee will be charged for the cash withdrawal function. Wechat told Sina Technology that charging for cash withdrawal transactions is not a move for WeChat to pursue revenue, but is used to pay bank fees.

The specific charging scheme is that each user (in the dimension of ID card) will enjoy the free cash withdrawal amount in 1 yuan for life, and the excess amount will be charged according to the bank rate. At present, the rate is .1%, and at least .1 yuan will be charged for each transaction. Functions such as WeChat red envelope, face-to-face payment and AA collection are not affected, and no handling fee is charged.

Extended information:

WeChat payment rules

1. When binding a bank card, you need to verify the cardholder's real name information, that is, {name, ID number} information.

2. A micro-signal can only be bound with one real-name information. After binding, the real-name information cannot be changed, and the real-name binding relationship will not be deleted when the card is released.

3. Only 1 (including 1) WeChat payments can be registered for the same ID number;

4. A bank card (including credit card) can bind up to 3 micro signals;

5. A micro signal can bind up to 1 bank cards (including credit cards);

6. Only one payment password can be set in a WeChat account;

7. There is no need to open online banking for bank cards (except Bank of China and Industrial and Commercial Bank of China). As long as there is a reserved mobile phone number in the bank, you can bind WeChat payment.

note: once the binding is successful, this micro-signal cannot be bound to bank cards/credit cards with other names, so please be careful.

Reference:

Baidu Encyclopedia-WeChat Transfer