A: There is no limit to the amount, but if the remittance is made to the same person for many times, the bank has the right to refuse to handle it if the amount is large and no justifiable reason or current contract can be provided. The amount of foreign exchange purchased by individuals per year is 50,000 US dollars, which shall be stipulated by the State Administration of Foreign Exchange.

Extended data:

Process and Time of Remittance from Bank of China to China;

1. At present, all UnionPay cards in China Bank can accept foreign currency, and there is no need to open a foreign exchange account.

2. Before receiving the remittance in foreign currency, you need to accurately tell the other party the English address and swift code of the opening bank.

3. The arrival time is generally 2-3 working days (postponed on holidays).

As the most internationalized and diversified bank in China, China Bank provides comprehensive financial services to customers in China, Hongkong, Macau, Taiwan Province Province and 37 countries. Mainly engaged in commercial banking business, including corporate finance business, personal finance business and financial market business.

References:

Cross border remittance