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How to remit money to foreign exchange companies? How to accept foreign remittance?
Domestic banks can handle this business, but they will ask you about the intention or purpose of remittance. Moreover, some foreign exchange companies are registered in banks. When they see you remit money to a foreign exchange company, they will tell you that individuals cannot remit money to the company account. This is the regulation of local banking regulatory bureaus, but it is not impossible. It is best to find the person in charge of the bank or the account manager. As long as you insist on remittance, they will still handle it for you. If you don't insist, they will send you back. It is relatively simple to accept foreign remittance. There are two ways: telegraphic transfer and check, but only if you open a multi-currency account in the bank. If you ask this question because you want to do foreign exchange, I suggest you ask your broker or the platform where you want to open an account, and they will give you more specific help. After all, there are differences between different platforms.