How to remit money from China to a Spanish bank account?

You can remit money to a bank account in Spain by wire transfer or express delivery.

T/T: The cost is higher and the time is longer, but the large remittance is capped.

Remittances sent abroad usually arrive within two to three working days. T/T charges are the lowest in 20 yuan, and the highest is 1 1,000 yuan (capped by some banks in 200 yuan). In addition, wire transfer also needs to collect wire transfer fees and deductions from foreign intermediary banks. The deduction fee of foreign intermediary banks is uncertain, depending on specific regions and banks. In addition, wire transfer also requires that the payee is an external account.

For large remittance, telegraphic transfer is more cost-effective because of the upper limit of handling fee.

Express remittance: the fee for quick receipt is low, but the supported currencies are limited (express remittance and Western Union remittance).

The biggest advantage of express remittance is its high speed, which can be completed in about 10 ~ 15 minutes. However, there must be a business acceptance institution where the payee is located, and there are not many supported currencies.

MoneyMoney and Western Union don't go through bank accounts. Just go to MoneyMoney and the relevant cooperative banks of Western Union to fill out a form and show your photo ID card, and you can complete the remittance. It should be noted that not all outlets provide export services. Different from the moneygram business, the businesses that Western Union can handle in different cooperative outlets are basically the same, mainly the fast remittance and collection of US dollars. Because it is not through a bank account, there will be no intermediate deduction, so the charge is lower than that of wire transfer. These two express remittance methods are classified charging methods. Generally speaking, the charge of Western Union remittance is slightly higher than that of "MoneyMoney" business. If $2,000 is remitted abroad, the handling fee for "MoneyMoney" business is 15, but the handling fee charged by Western Union is $25.