Remittance of US dollars from the United States to China shall be handled according to the purposes listed in the personal account. If the purpose is current account, it can be directly credited to personal foreign exchange account (regardless of the amount). However, if the amount is less than 50,000 yuan (one person a year), the settlement of foreign exchange will be accounted for by the ID card, and if it is more than 50,000 dollars, it will be handled by the ID card and proof of legal source.
Remit US dollars from the United States to China, if remitted to the company account, for reference. If payment is made, a copy of the customs declaration form or verification form must be provided, which can only be recorded after being confirmed by the online verification system of the State Administration of Foreign Exchange. If it is a service trade, provide the relevant agreement \ contract, and record it after bank audit.
If it is a capital project, it must be audited by the State Administration of Foreign Exchange.
inward remittance
It refers to the business that the correspondent bank accepts the entrustment of the customer, remits the money and instructs to remit the money to the payee. For the received remittance, the principle of "immediate payment" should be adhered to, and the wire transfer should be completed within two working days at the latest and the remittance should be completed within five working days at the latest.
1, notes
● If the settlement of export remittance projects requires online verification of export collection and settlement, it shall be handled in accordance with the Measures for Online Verification of Export Collection and Settlement.
● In the case that the remittance has not been paid, if there is any problem with the account name and account number and it needs to be revised, the bank should be informed to correct it by written contact letter.
2. Processing steps
● Customers provide remittance paths for overseas remitters to refer to; For details, please call 073 1-8430557 1.
● T/T and remittance: after receiving the remittance position, according to the relevant regulations on foreign exchange management, the remittance is recorded on the same day, and the payee (customer) can receive the receipt the next day;
● After the payment is received, the original currency will be transferred to the foreign currency account; If not, it will be settled into the customer's account according to the quotation of the day.