If the overseas remittance conforms to the provisions of the State Administration of Foreign Exchange, there is no clear limit on the amount received by the bank, but the following points should be noted:

Domestic people

1. If a single payment exceeds the equivalent of US$ 5,000, it is necessary to go through the declaration formalities through the online bank or the counter of the bank where the account is opened, and it can only be recorded after the declaration is approved.

2. If a single payment exceeds the equivalent of $50,000, it is recommended to contact the bank to confirm whether it can be recorded before collection.

3. If the money needs to be converted into RMB, each person has a foreign exchange settlement quota equivalent to 50,000 dollars per year.

People from abroad

1. If a single collection exceeds the equivalent of USD 500,000, it is recommended to contact the bank to confirm whether it can be recorded before collection.

2. If the money needs to be converted into RMB, each person has a foreign exchange settlement quota equivalent to 50,000 dollars per year.