What fees will be charged for cross-border inward remittance services?
WeLab Bank will waive the handling fee for remitting Hong Kong dollars into WeLab Bank account from Mainland China.However, the correspondent banks, intermediary institutions, and the clearing institutions may charge fees in relation to the remittance of funds, and those fees may be deducted from the remittance amount. Therefore, the actual amount received may differ.
Was this article helpful?
