China is a country subject to foreign exchange control. Individuals can only accept a foreign exchange settlement quota of $50,000 per year. If the card exceeds $50,000, they can use relatives at home. In addition, they can apply for Yiwu self-employed. Yiwu self-employed is the policy of Yiwu, and there is no annual limit of 50,000 US dollars. As long as you apply for Yiwu self-employed license, you can open an account and get 5 million dollars a year. If the amount is too large, they can apply for European General Payment and offshore account.
Pan Fu Bank (SWIFT:PAEOLT2 1) and (Pan Fu = HSBC+foreign exchange settlement) focus on offshore account's foreign trade. After two days of success, they can open accounts in the United States and Europe. The main advantages are: ① the bank license is safer and the qualifications are complete. ② The whole process is completed by PI, and complicated information such as bill of lading is not needed. (3) Remittance is a self-withdrawal, independent account, and an account without prefix. There is no problem in accepting large amounts of US dollars into ten million accounts.