So you don't need to look at any card to open an account, but you should pay attention to choosing the right bank, because some banks handle less foreign currency cash, and the foreign currency you may receive can only be settled but not cashed.
Then ask for directions directly, and be sure to see the swift code on it.
How long does it take for foreign remittance to reach China?
Generally, it takes 7 working days for foreign countries to transfer to China, and there is no limit on the remittance amount. Only when foreign exchange is converted into RMB is it limited by the annual total amount of SAFE. Each person can exchange US$ 50,000 or equivalent foreign currency every year. If the amount exceeds the limit, it can be exchanged, but relevant proof of the source of funds is required.
I. Remittance Receiving Bank
1. Most banks have no branches abroad. They all open accounts in foreign banks or join the international banking system. So any foreign bank can remit money to domestic banks.
As long as you have a foreign exchange account, any domestic bank can accept foreign remittance.
Second, how to remit money
1. To have a foreign exchange account in China, some banks need special applications, and some banks have multiple currency functions for one account.
2. Ask the bank for the overseas remittance route map, including the overseas account information of domestic banks, remittance routes in various currencies, intermediary bank information, remittance payee information and domestic bank information.
3. Fill in the contents required by the road map and provide them to overseas remitters.
The remitter gives the road map to the foreign bank and pays the handling fee according to the requirements of that bank. Different countries and banks charge different fees.
5. The payee receives the remittance.
What problems should we pay attention to when sending money from abroad to China?
1. Choice of cash and remittance: both cash and cash can be remitted abroad, but cash remittance will be charged with the conversion fee;
2. The other party's information: You need to know the other party's name, country code, bank account number and other information before you can remit money abroad;
3. Limit: The domestic and overseas remittance limit is 50,000 yuan a year, and an application must be made to the foreign exchange bureau if it exceeds the limit;
4. Handling fee: One thousandth of the handling fee is charged for overseas remittance, with a minimum of one in 20 yuan and a maximum of one in 250 yuan. There is also a telegram fee, such as 150 dollars.
5. Arrival time: The arrival time of overseas remittance varies from 10 minute to 7 days.