Clever use of Alipay for free inter-city and inter-bank transfers

by ortpic on 2007-11-21 16:51:09

On November 19, the Agricultural Bank also announced that it would charge a handling fee for online banking remittances to different places. The specifics are as follows: when individual customers transfer money across regions within the same bank via online banking, they will be charged a transaction fee of 0.4% of the transaction amount, with a minimum of 1 yuan and a maximum of 20 yuan. When individual customers conduct inter-bank local transfers via online banking, they will be charged at least 2 yuan per transaction.

In fact, compared to the Industrial and Commercial Bank of China and the Construction Bank of China, this is already very favorable. However, regardless of how much the handling fee is... [Read Full Article]