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Do I have to pay taxes when I receive overseas remittances?
Take your ID card and go directly to the counter of China Bank to handle the settlement and sale of foreign exchange. You don't need to pay taxes to collect overseas remittances, but banks need to charge a certain handling fee, which is calculated according to the proportion of your cash withdrawal.

1. Product name: foreign currency exchange.

2. Product Description: Use the internationally convertible foreign currency you currently hold to convert it into RMB or other freely convertible foreign currencies you need at all branches of Bank of China.

3. Product features: At present, there are rich convertible currencies: 17 currencies: British pound, Hong Kong dollar, US dollar, Swiss franc, Singapore dollar, Swedish krona, Norwegian krona, Japanese yen, Danish krona, Canadian dollar, Australian dollar, euro, Philippine peso, Thai baht, Korean won, Macao pataca and new Taiwan dollar.

Extended data:

The IRS provides five simple ways to detect tax phone fraud:

1. The IRS never calls you to tell you that you owe taxes without mailing bills. You will not use unsolicited emails, text messages or any social networking platform to discuss your tax information.

The IRS has a set of strict tax investigation procedures, which gives taxpayers the opportunity to question or complain about the unpaid amount, and it is absolutely impossible to ask for money on the phone.

The IRS won't ask you to pay taxes by some payment method, such as prepaid debit card.

The IRS will not ask for the number of credit card or debit card on the phone.

It is absolutely impossible for IRS personnel to use threatening language such as arrest and confiscation of property against taxpayers.

References:

Baidu encyclopedia-cross-border remittance