(2) The amount of deposits in cash accounts remitted abroad for the following five reasons has been relaxed. If the one-time remittance is equivalent to more than USD 2,000 and less than USD 654.38+00,000 (inclusive), the bank will directly handle it according to the relevant regulations after reviewing the written certification materials provided by the customers (see "Personal overseas foreign exchange remittance needs to provide audited written certification materials"); One-time remittance with the equivalent value of US$ 654.38+US$ 00,000 but less than US$ 200,000 shall be examined and approved by Beijing Administration of Foreign Exchange; Remittance of more than USD 200,000 (inclusive) at one time shall be reported to the State Administration of Foreign Exchange for approval.
1, individuals study abroad at their own expense;
2. Seek medical treatment overseas;
3. Individual residents pay membership fees of international academic organizations;
4, individual residents from overseas mail order a small amount of drugs and medical devices and other special-purpose foreign exchange;
5. The use of foreign exchange by the immediate family members of individual residents under special circumstances such as major diseases, deaths and sudden disasters abroad.
(2) The method of remittance from domestic personal account to overseas company account.
Do foreign currency wire transfer in domestic banks/the other party can be an institutional account.
The remittance currency and the receiving account currency should be the same, and some currencies may not be supported by the receiving bank and may be returned. In addition, mainland residents can't accept overseas RMB, so it's better to let them remit Japanese yen to you if necessary in the future.
The other party cannot be a brokerage firm, fund company, investment company and other institutions, otherwise it is suspected of overseas investment and wealth management, which is not allowed by domestic regulatory authorities. In this case, you can try to use abbreviations. For example, "Intxxxx Brokers LLC" can be abbreviated as "IB". Don't have words related to investment and financial management in the postscript/remarks.
Method 2: remittance by overseas traveler's check
If the other party is willing to accept the traveler's check issued by Chinese mainland Bank, they can sign the traveler's check and send it by express.
Mode 3: telegraphic transfer in Hong Kong (recommended)
First, open a bank account with the same name in a bank in Hong Kong (or Singapore or Switzerland) and remit it from China to Hong Kong (it is best to fill in "private travel" as the reason for this remittance), and then remit it from Hong Kong to the other party.
Mode 4: Credit card
If the other party is willing to accept Chinese mainland credit card payment, this is also a good choice. Maybe you need to pay all kinds of fees below 5%.