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How to handle a large number of overseas remittances to China?
1. Normal funds not exceeding $50,000 can be directly wired to Bank of China; 2. Ask relatives and friends to help Qinghe. The annual limit for each account is $50,000 per person. 3. Open a Hong Kong bank account, remit the money to the Hong Kong bank first, and then withdraw RMB from the domestic ATM; 4. To register offshore companies and account numbers, first accept large amounts of US dollars, and then settle separately. The above is how to handle large-scale overseas visits to China.

First, it usually takes about 2 to 3 days from foreign exchange payment to domestic banks, and the longest time will not exceed 5 days; Except for special circumstances: such as Saturday, Sunday, bank rest day, etc. In fact, the arrival time of foreign exchange remittance is not only related to the path of foreign exchange, but also related to the strength of overseas remittance banks. For example, entrusting HSBC to pay China will be faster than some small foreign banks 1~2 days. In addition, when foreign exchange enters domestic banks such as Shenzhen Branch, XX Branch or XX Branch of China Bank, it needs to enter the head office of China Bank first, and then enter branches, sub-branches and sub-branches, so the time will also increase. In contrast, many domestic offshore banks or Hong Kong offshore banks will be much faster. After all, the path of foreign exchange is not as complicated as that of China, so it takes a lot of time. For example, Shanghai Pudong Development Bank or HSBC offshore bank takes half an hour or even a few minutes. Theoretically, the slowest is to arrive within 24 hours.

Two. Procedures for remittance from abroad to China:

1, foreign exchange entry restriction: convert foreign exchange into RMB with identity documents, _ USD 50,000 per person per year or equivalent foreign exchange. If the settlement of foreign exchange is more than 50,000 US dollars, it shall be handled with identity documents, legal and reasonable foreign exchange sources and proof of foreign exchange use.

2. If you need to remit money from abroad, you can first open a foreign exchange account in a domestic bank (such as China Bank) and then remit money from abroad to this account. There is no limit to this amount, but you should pay attention to the purpose of remittance. Do not fill in investment or similar purposes.

3. After receiving foreign exchange, you can convert foreign exchange into RMB with your ID card (only one for less than $50,000 a year), withdraw foreign exchange cash, or deposit it in time deposit. If you need to remit it abroad, it is also possible.