Introduction of remittance methods of Italian immigrants

# Italian immigrants # Introduction The amount of remittances sent by Italian immigrants to their own countries is decreasing. Now that we know the amount of remittances sent by Italian immigrants to their own countries, let's learn about the various ways in which immigrants send remittances to their own countries. Today, I'd like to introduce you to the remittance methods of Italian immigrants. Welcome to read!

Remittance methods of Italian immigrants

In principle, credit card online payment can send euro checks in the euro zone, but other euro countries are not used to receiving checks, so the procedures are more complicated and require a certain handling fee. Usually, payment is made online by credit card, of course, through online secure payment system. Just fill in the 16 digits on the credit card and the last 3 digits of the confirmation code on the back of the card.

Bank transfer If the payee has a bank account abroad, the easiest way is to transfer money through the bank (from your account to the payee's account). Bank transfer requires an international bank account number (IBAN) to confirm the payee's account, and a bank confirmation code (BIC) to confirm the bank where the account is located. If you know these two key information, remittance is easy and the cost is low.

However, if you transfer money to a country outside the EU, the cost is determined by the bank itself. You need to have a BIC bank confirmation code and a basic bank account number (BBAN). If you don't have these materials, the bank may refuse to transfer money or help find them, but you have to pay a fee to find them. Lyon needs 12.9 euros for credit and 25 euros for savings bank. In addition, the payee often has to pay local bank charges, which varies greatly in different countries. You can ask to pay all the fees in France, so that the payee doesn't have to pay any more.

International remittance by post office is universal, but it is very slow. This method is a good way to remit money when bank transfer is not feasible. Post offices are spread all over the world 150 countries, which is the network of the world. You only need to go to any post office in France to fill in the international money order, and the international money order will be sent to the local post office you choose. You are responsible for notifying the payee and telling the payee to confirm the number so as to receive the remittance. The cost of international remittance varies according to the country to which the remittance is sent, and the time is relatively long. Generally, it takes 4 days in Europe and 10- 15 days in other regions.

The remittance service provided by professional remittance companies such as Western Union is fast and convenient, which is faster than bank transfer and international remittance, and it only takes a few minutes to send money to the designated place. All you have to do is go to the remittance business department of the above company, fill out a special form, give it the remittance and pay the remittance fee. At the same time, you inform the payee to confirm the number, and the payee can withdraw money with this number and ID card without paying any fees. Of course, the remittance will be made so soon. Generally speaking, if the remittance amount is large, the cost is relatively low, otherwise the amount is small and the relative cost is high. No matter which country the remittance is sent to, the cost is the same.

Traditional remittance methods are not used in some cases, such as writing checks and transferring money (the other party has no bank account), and other methods must be used. As for the choice of remittance method, it should be decided according to the destination of remittance (euro country or non-euro country, developed country or developing country) and remittance priority.

Further reading: Italian immigration customs epidemic prevention regulations

Entering or leaving non-EU countries from non-EU countries shall comply with the following provisions:

Consumer goods carried by passengers in their personal luggage may be exempted from customs duties when entering Italy, but such goods shall not be of the nature of trade import, and the total value shall not exceed 175 euros. /kloc-The limit for minors under 0/5 is 90 euros. In addition, for some specific commodities (wine, cigarettes, etc. ), the number of duty-free goods that passengers can carry is limited as follows:

(1) tobacco

You can carry one of the following four items: 200 cigarettes, 100 cigarettes (each cigar weighs less than 3g), 50 cigars and 250g tobacco.

(2) Alcoholic beverages

You can carry one of the following two items: distilled above 22 degrees, alcoholic beverage or non-denatured alcohol with purity above 80% 1 liter; Distillation is equal to or less than 22 degrees, alcoholic beverages, appetizers, champagne, 2 liters of spirits and 2 liters of low-alcohol wine; Perfume category: 50 grams of perfume, 250 ml of refreshing agent;

(3) Coffee

You can take one of the following two items: 500 grams of coffee, 200 grams of espresso or espresso.

(4) Tea

You can carry one of the following two items: 100g tea and 40g tea essence.

The above items are not included in the tax-free items of 175 euros. Passengers carrying articles exceeding the above restrictions when entering Italy shall declare to the customs; The part exceeding the quota shall be subject to customs duties.