An employee counts 100-yuan notes at a bank in Lianyungang, Jiangsu province. Photo: AFP

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Mainland China’s top five banks waive charges for money transfers as competition from internet finance companies heats up

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Central bank asked lenders to scrap fees

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Published: 6:40pm, 25 Feb, 2016

Updated: 6:40pm, 25 Feb, 2016

An employee counts 100-yuan notes at a bank in Lianyungang, Jiangsu province. Photo: AFP

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