All charges are of beneficiary account.

所有的费用都由受益人承担。

youdao

All Bank charges outside the Issuing Bank are for beneficiary account.

开证行以外产生的所有银行费用由受益人承担。

youdao

If a reimbursing bank "s charges are for the account of the beneficiary, they shall be deducted from the amount due to a claiming bank when reimbursement is made."

如偿付行的费用系由受益人承担，则该费用应在偿付时从支付索偿行的金额中扣除。

youdao

There is, however, a little-known--if inconvenient--escape hatch: Under IRS rules, you can move your investment from one state's plan to another state's plan without penalty, so long as you change the account beneficiary as you do so.

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Essentially, an investor can just put money in an age-based investment option within a 529 college savings plan account and the money manager will automatically change the allocation of stocks and bonds to a mix that is less heavy in stocks and more heavy in bonds and cash as college draws near for the account beneficiary.

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The money would be transferred to the beneficiary's bank account which would be linked to a unique identification number.

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