A person can remit more than 300,000 yuan overseas in a year, with a limit of only 50,000 US dollars. China is a country with foreign exchange controls. The country stipulates that each citizen only has a limit of 50,000 US dollars per year. Of course, if you count the round trip, it means remitting 25,000 US dollars and returning 25,000 US dollars. One *** is 50,000 US dollars.

Remittance procedure:

The remittance procedure is very simple. Just go to the bank counter and fill out the wire transfer application form just like RMB. It must be filled out accurately in English. Remittance currency and amount (Arabic numerals). Payee’s name and address. Payee’s account number at the bank where the account is opened.

The name of the bank where the payee has an account, SWIFT code (SWIFT CODE) or address.