Many friends who invest in foreign exchange transactions will find that when you withdraw money from the platform, the US dollars remitted from abroad will go to the bank (the withdrawal and deposit of funds from the platform with strict supervision are all settled in US dollars), and some banks will call you to tell you that the money cannot be recorded and ask you to provide the corresponding remittance voucher. As we all know, the foreign exchange margin trading in China market is illegal in China, except that banks use the lever of 1: 1. So in this case, banks will generally guess that you are the capital of foreign exchange margin trading, thus blocking your money. What should I do in this case?
The first method:
You need to provide proof, and some platforms will also provide it to you, such as FXCM Fuhui platform. You can consult online customer service or Tonghui International. They will send the proof to your email, and generally provide proof of spending abroad. You print it out and take this list to the bank. Banks usually do some simple inquiries and won't embarrass you.
The second method:
After providing proof, some banks are more strict in auditing, directly saying that your funds were remitted by the investment company. In this case, there is definitely no way but to return the money to your platform provider, and then you can communicate with Taiwanese businessmen. FXCM, a general large platform provider, can ask someone to help you remit money when withdrawing money (FXCM will help you remit money to your designated bank card in your name). Because of international regulations, companies cannot remit money to individuals in their own names.
Friendly reminder: Many black platforms will seize this point and deliberately let investment companies intervene in remittance in order to prevent you from paying. Find an excuse that you can't send money in your own name. Customers should be careful when they encounter such a platform. (Unlike in China, foreign countries only need a one-to-one correspondence between their registered permanent residence and their names. All they need is an account and a name. )
The third method:
If all the above methods fail, you can only bother to apply for a bank card of ICBC Asia, or a one-card card of China Merchants Bank, or a dragon card of Lugang. This card is a Hong Kong card. The funds will go to Hong Kong instead of China. The foreign exchange margin trading in Hong Kong is legal, so there is no restriction, unlike the domestic exchange restriction of 50,000 US dollars per person per year. This card can be processed in China without going to Hong Kong. Customers can transfer funds to your Hong Kong card first, then to your domestic card through online banking, and then withdraw money. Here, the same money is dollars, but there is no reason why the bank should not let you send money to yourself. As for the settlement and sale of US$ 50,000, it can be transferred to relatives or friends through online banking. Similarly, there is no reason why banks should not make money.