Which method of payment transferring is the cheapest between North America and China?

Thanks for your kindly help !

Best regards,
Carol

Quoting from [CarolYang]:



Which method of payment transferring is the cheapest between North America and China?



Thanks for your kindly help !



Best regards,


Carol

       continuing banner above,


   


       You got 2 benefit: 


1. not to much loss in exchange rate, higher then the bank buying rate. whilst the f.forwarder has to buy in Bank Selling rate to pay the shipping lines.


2. Not  bear a relative high cost of transfer/services,  because the money actually not need to


    transfer to China.  Between these 2 office of  forwarder only  balance the A/P & A/R or the


    Debt & Credit  between 2 offices  balance of  Prepaid /Collect shipment that been currently


    run, although a bit complicate for you to understand it as you are not in the Shipping business.


    Why they want to accept it, because they will be: no need to pay the bank's charges if they


    have to TT the money  themselves !  (Canada - China). So, they will happy not to charge you


    if you do the deal,  or  they will charge you but in relatively cheaper then bank's charge just for


    telephone/fax confirmation  inter branch office.  but nowadays, it is enough done by e-mail.


Actually  what  we are discuss here is merely as like what the new trendy  payment  that been


called "Escrow" service  for payment !. 


Tips:  try to call FedEx !  they may be have such this service (money escort) but  the cost is quite high ! ...


In this case You have to find  another  Escrow  svc coy  that having service of CA-CN !


On Top of it,  if  you only  send small money under 500 USD use WU !


and if  500 to 2000 just use  SWIFT  bank. 



that is the hints  Carol.


 

All the info concerned to this topic is greatly worth reading !!! 

Thank you !