What are the current domestic bank transfer settlement methods?

The current bank transfer settlement methods in China include: bank draft, cashier's check, commercial draft, check, credit card, remittance, entrusted collection, collection and acceptance, bank transfer settlement by letter of credit,

China's transfer settlement methods can be roughly divided into three types: settlement in the same city, settlement in different places and settlement methods that can be adopted in different places in the same city. Among them, settlement in the same city includes checks and cashier's checks. Off-site settlement includes commercial draft, bank draft, remittance, collection and acceptance. Entrusted collection and credit cards can be used in different places in the same city.

Bank remittance (deposit) process:

After confirming that the passbook account number and account name provided by the payee are correct, just take the cash to the bank and deposit it directly into the payee's account; It is suggested to open an account in a bank, then fill out a wire transfer form, clearly fill in the account number, account name and bank name of the other party, and remit money from the account to the payee.

If it is too much trouble to open an account, you can remit money directly in cash and fill in the wire transfer form for remittance, but you must clearly fill in the account number, account name and bank name of the other party.

Open online banking, you can pay and transfer money online by yourself. There will be a certain handling fee for inter-bank transfer.

Data expansion: At present, enterprises can adopt eight settlement methods, namely: check, bank draft, cashier's check, commercial draft, remittance, entrusted collection, collection and acceptance, and credit card. Among checks, cashier's checks, bank drafts, commercial bills and credit cards, only checks are accounted for by bank deposits, cashier's checks, bank drafts and credit cards are accounted for by other monetary funds, and commercial bills are accounted for by notes payable.