According to the requirements of China's foreign exchange management, the source of overseas remittances, especially large overseas remittances, should be stated. When checking the payee information, the payee should explain the source of foreign exchange funds, and the bank should verify whether it is consistent with the remittance information. When the amount is large, it should be declared, and the legitimacy and legality of the source of funds need to be audited. Generally speaking, there are two common ways to send money from overseas to China: bank telegraphic transfer and Western Union remittance. First, remittance is made in an overseas bank, and the remittance is remitted by the overseas bank to the domestic payee bank through overseas foreign exchange clearing institutions such as SWIFT (or Western Union, Moneymax, etc.). ). The bank keeps an account in the form of landing for liquidation, and notifies the payee to cancel the payment. The payee checks his information in the bank, and then the foreign exchange is really remitted to the payee's bank account. In the stated purposes, the legitimacy of the sources of foreign exchange funds should be explained, such as non-trade income, labor income, wage income, manuscript fee income, investment income, etc. , such as securities investment and trade payment. And it is necessary to explain the source of remittance from overseas personal accounts, and also provide proof of overseas funds, such as investment contracts and labor contracts, in case the regulatory authorities check the regulatory requirements.