Overseas Inter-bank Refinance. In the past, only the Bank of China could make foreign transfers but this has been recently liberalised so most banks should now be able to provide telegraphic transfer services. After unsuccessfully trying to obtain this certificate, I went back to ICBC to check how much I could still transfer and was allowed to transfer more than the annual limit. To save your time, please call your local ICBC before applying for the service. They will answer to all your questions without ask personal info or why you need know this and in a polite way. June 8, by Ryan Holmes. You can choose any bank in any country all over the world to make remittance to accounts opened in ICBC, but if you are conducting personal foreign exchange pre-settlement remittance, the ICBC overseas branch is the 外汇局 Foreign exchange bureau choice. The sender of the money will give the money to a bank in China, and the bank will issue 中国 境外汇款 申请书 pdf China Overseas Remittance Application Form pdf demand draft that can be redeemable for cash like a check. What about doing it through WeChat, on both ends. Theoretically, you could do this four days in a row without legal repercussions, but in reality, someone at the bank is going to notice and the manager is going take an interest in where all this money is coming from. I gave her cash, and she transferred money from her account to my US account. Featured RMB Business. Fast Crediting to 中国银行 外汇买卖 Bank of China Foreign Exchange Trading remittance transacted through ICBC can be credited to payee's account in real-time, hence greatly improving clients' capital efficiency. Individual customers who have no residential address can provide the address as printed on valid ID documents. Other information about fees and transfer times can be found here. Besides, all the information related to the remittance is stored and processed electronically. Fixed Deposit. Recommendation: Since this is a grey area, I suggest transferring money regularly out of China, not only at the end of your stay. If your overseas relatives and friends want to make remittance to you in a foreign currency and you have a multi-currency current savings account in ICBC if you do not have the account, you can apply for it any outlet of ICBCyou can choose the Money Gram service of ICBC to directly receive the payment in the account and easily receive it without the need of bank queuing. Both Chinese 外汇管制 移民 Exchange Control Immigration non-Chinese citizens are allowed to take up to 5,usd or the equivalent in foreign currency out of China each 国外汇款到国内怎么汇 工商银行 How to remit money from abroad to China ICBC they leave. If you are using the same bank in both China and abroad like HSBCthe transfer may even be instant. BANK name 2. ArchitectureChinaHistoryShanghaiTravel. The first step to transferring 外汇储备 摩洛哥 Foreign reserves Morocco money is recognizing which type of bank your Chinese account is. How to use the remittance guidance? Personal Finance. If the payment amount is more than USD3, exclusive or equivalent amount in other currencies, the payee doesn't need to go to the counter for declaration of international balance of payments. If you, as the payee, don't 国外汇款到国内怎么汇 工商银行 How to remit money from abroad to China ICBC a foreign currency savings account in advance in ICBC, but would like to have the payment remitted to ICBC, it is recommended that you open a multi-currency current account in advance to ensure that the payment is received successfully in a timely manner. Basically, you need to prove that you earned the money legally and that you have paid tax on it. Fees include the bank commission, the telegraph fee, and any fee charged by the foreign banks. Provide the declaration of international balance of payment. For those who has any question with Union Pay card, just call customer service in China, english service. China does not actually limit the amount of money non-residents can send abroad — what it limits is the amount 外汇市场是什么 What is the foreign exchange market rmb you can convert into other currencies. The payee may inquire the balance change through the counter, Telephone Banking or Internet Banking. Personal Investment. John Kelehen says:. BANKS routing number varies per state. Customers could also come down to our branch to apply for casher order for SGD funds transfer in Singapore. This type of transaction usually takes about business days.