Is there a limit for ICBC's pre-settlement of foreign exchange?
The single amount of advance settlement must be less than the equivalent of USD 50,000 (inclusive), and the advance settlement will occupy the total annual settlement of domestic recipients (the total annual settlement of foreign exchange is equivalent to USD 50,000 per person per year). If the pre-settlement remittance exceeds the total annual settlement of domestic payee, the remittance will be returned in full ~