Banks can accept personal foreign exchange accounts (including cash accounts and cash accounts) opened by domestic residents in their own names, as well as transfers between themselves and their immediate family members, but they cannot accept foreign exchange account transfers between themselves and others other than their immediate family members.
Extended data:
Comparison of foreign exchange remittance methods:
Ordinary remittance: This is the most commonly used remittance method. Its advantage is that the remittance amount is relatively large, and there is no restriction on the original remittance of cash account funds, and the cash account or cash remittance amount is within 50 thousand dollars. You can go directly to the bank by providing relevant supporting documents stipulated by the State Administration of Foreign Exchange. The ordinary remittance fee is charged at 1‰ of the remittance amount, with a minimum of 20 yuan and a maximum of 200 yuan yuan; The remittance of post and telecommunications fees to Hong Kong and Macao is within 50 yuan, within 80 yuan and outside Hong Kong and Macao. Cash remittance also charges cash conversion fee. Ordinary remittance usually takes 3 days to reach the other party's account.
Western Union Remittance: As an international remittance, "Western Union Remittance" jointly implemented by Western Union Company and Agricultural Bank of China is a good remittance method. Most remittances to relatives, friends and international students abroad will choose this method. The maximum amount of Western Union remittance is $65,438+00,000 yuan. Remittances above $7,200 can only be processed after Western Union is authorized.
References:
Bank remittance-Baidu Encyclopedia foreign exchange remittance-Baidu Encyclopedia