1. Remittance from overseas personal account: When receiving remittance from overseas personal bank account, users need to fill in bank name, payee account, payee phone number and other information. If the remittance amount is less than $5,000, there is no need to declare it; If it exceeds $5,000, it needs to be reported to the SAFE;

2. Remittance from overseas company accounts: Before receiving remittance from overseas company accounts, users need to contact the receiving bank in advance and provide relevant information of the remittance bank.

The above is the way for individuals to accept overseas remittances.

Reasons for unsuccessful remittance by overseas companies

1. The company that remits money to users belongs to an investment company or a securities company;

2. When filling in the remittance postscript, the overseas company indicates that the money belongs to international trade payment;

3. When users declare overseas remittances, the reasons given are international trade payment or capital account;

4. Other types of funds not allowed by the State Administration of Foreign Exchange.

These are the four reasons why overseas companies fail to remit money to domestic individuals. It should be noted that overseas companies need to pay certain taxes and fees to remit money to individuals.