First of all, your situation should be that the funds are still in offshore account, and there are many channels for foreign exchange settlement. If the amount is not large, it is simplest to settle foreign exchange with personal quota in the name of non-business. If the amount is relatively large, other channels are needed.

The main modes are summarized as follows:

Wire the foreign exchange to your own account and then transfer it to your immediate family members for settlement, or you can directly find several other people's ID cards for settlement, with an equal amount of $5 per person per year. If the amount is too large, you need more ID cards, which is inconvenient and troublesome;

You can also transfer the money to a bank card that is not in your own name to facilitate the settlement of foreign exchange, so that you can use the employee's ID card to complete the settlement of foreign exchange without having a bank card of your immediate family.

In the private banking model, the exchange rate is generally good, mainly direct overseas funds, generally face-to-face transactions or RMB first, and the capital risk is high;

The offshore mode of Hong Kong is to complete the settlement operation in Hong Kong, and then RMB will enter China. This model is mainly aimed at corporate customers with a certain scale, with difficult accounts, too much bank supervision and complicated auditing procedures, but there are specialized institutions, and the main point is high opening and maintenance costs;

Yiwu acts as an agent for individual merchants to settle foreign exchange through local banks such as Agricultural Bank of China, and each account has a foreign exchange settlement quota of 500W W, which is a comparative aspect, and the exchange rate is not very good. Moreover, it is recommended that individuals open accounts in person to learn about local regulatory information, because individuals are still needed to solve problems in the verification of transaction authenticity;

The fast settlement agent settlement platform under the Chongqing government can directly open a virtual account in a bank that cooperates with the relevant settlement platform through the Internet, which is very convenient. The amount of foreign exchange settlement can be verified by providing the corresponding electronic data on the certificate of capital legitimacy, and there is no limit to the amount. As a legal sunshine channel, banks can complete the settlement of foreign exchange and receive RMB on the day when foreign exchange arrives at T+ 1, with good timeliness. This model is a government-led service model. The agent settlement platform cooperates with banks, and customers also use their own bank accounts, so the funds are safe.

Considering the agent settlement platform comprehensively is a better scheme, and the funds are safe and risk-free!