BEIJING, Feb. 26 (Xinhua) -- A Taiwanese businessman Thursday became the
first person since 1949 to remit money from the Chinese mainland to Taiwan when
he sent his wife 2,000 yuan (292 U.S. dollars).
The unidentified businessman, who remitted the cash from the mainland's
Postal Savings Bank in Xiamen, Fujian Province, was taking advantage of the
service which became fully operational in both directions across the Taiwan
Strait on Thursday, said Chen Dan, vice president of the Xiamen branch of the
bank.
Each remittance sent from the mainland to Taiwan costs 0.08 percent of its
face value from a minimum 20 yuan to a maximum 200 yuan, said a statement from
the mainland-based China Post.
Remittances to Taiwan are limited to 10,000 U.S. dollars daily for cash
transfers, while holders of foreign currency accounts are restricted to 50,000
U.S. dollars a day, said the statement.
Cross-strait postal remittances have been available since Dec. 15, but only
from Taiwan, where residents are able to remit money from 92 outlets of the
Chunghwa Post Co., Ltd..
In Taiwan, the charges are 500 New Taiwan dollars (14.35 U.S. dollars) for
a telegraphic transfer, 400 NT dollars for a mail transfer, and 200 NT dollars
for opening an account to receive mainland remittances.
Fees for opening an account will be free until Aug. 31 in the island,
according to Chunghwa Post.
More than 2,000 post offices on the mainland can handle Taiwan-bound
remittances and more than 20,000 can receive remittance orders from Taiwan.
Mainland, Taiwan to start two-way
postal remittances
BEIJING, Feb. 25 (Xinhua) -- The Chinese mainland and
Taiwan will have full two-way postal remittance services starting Thursday for
the first time in 60 years, Fan Liqing, spokeswoman of the State Council Taiwan
Affairs Office, said here Wednesday. Full story
Mainland official: Direct links to bring mainland, Taiwan
compatriots closer
BEIJING, Dec. 17 (Xinhua) -- Direct air and sea shipping and postal services
between the Chinese mainland and Taiwan would bring people on both sides of the
strait closer, a mainland spokesman said Wednesday.
Direct routes would not only bring about direct economic benefits, but make
cross-Strait interaction easier, State Council Taiwan Affairs Office spokesman
Li Weiyi said during a press conference. Full story
Chinese mainland, Taiwan start direct
postal service
TAIPEI, Dec. 15 (Xinhua) -- Wu Min-yu, chairman of the Taiwan-based Chunghwa
Post Co. Ltd., sent out a letter to Liu Andong, president of the Chinese
mainland's China Post Corporation, on 9:17 a.m. (1:17 GMT), marking the start of
direct postal service between the two sides. Full story
