Bank wire transfer At present, all major banks in China can handle international wire transfer business. The following table is the main provisions of international remittance by banks. Please consult your local bank for details. According to the regulations of the State Administration of Foreign Exchange, US$ 2,000 in cash and US$ 0/0000 in cash can be remitted abroad at one time (when the US dollar purchased by the bank is deposited in the passbook or remitted immediately, it is regarded as cash), and there is no need to declare it. Please bring your ID card to the bank window. According to the new foreign exchange purchase policy implemented in May 2006 1, residents under $20,000 a year (excluding their own foreign exchange) can purchase foreign exchange with their ID cards without other certificates. When filling out the form, they can write "overseas mail order" or "outbound travel". Pay attention to determine which bank to remit money and which bank to purchase foreign exchange, otherwise you will lose the difference between paper money and foreign exchange. It is best to find local big banks (branches above the district) to purchase foreign exchange and remit money, because big banks are skilled in business and policies are in place. It is more convenient for BOC and ICBC to remit money at home, and the handling fee of ICBC is slightly lower, even there is no charge for changing jobs abroad, but ICBC often requires proof of remittance, which depends on the regulations of banks in various regions. The remittance fee of commercial banks is shown in the following table for reference only. 2. Post office remittance "international banking letter" business is an international exchange business jointly operated by China Post and foreign banks (now Deutsche Bank). The maximum remittance limit of China Post's postal remittance is $2,000, and the maximum remittance limit is 10000 or equivalent RMB. The currency of bank mail international remittance is limited to US dollars; The currency of foreign exchange collection can be US dollars or RMB. Within 24 to 48 hours after the counter accepts the business, the remittance can reach the designated accounts of more than 654.38+09,000 banks in most countries around the world through the fund remittance system. When handling this business, customers need to bring their ID cards and US dollars to the post office counter. They only need to provide the name and account number of the payee's bank, fill in the international remittance form of China Post in English, and then pay the remittance principal and remittance fee. Compared with the traditional international wire transfer business handled by commercial banks, the advantages of "international silver mail" remittance are mainly manifested in short arrival time and low tariff. Generally, it only takes 1 working day for remittance to arrive. In terms of handling fees, users do not need to pay the difference between buying and selling foreign exchange cash when handling the "international silver mail" remittance business, and only need to pay the remittance handling fee of 12 to 19 dollars for remittances within 2000 dollars, and the remittance handling fee must be paid in US dollars; The traditional international wire transfer by commercial banks not only needs to pay the bid-ask difference of foreign exchange cash, but also needs to pay the remittance fee of 20.5 to 40 dollars. International banking letters are not handled by all post offices, but only by larger post offices. I suggest you call 1 1 185 to ask which post office is nearby or directly call a larger post office to ask whether you can handle silver mail remittance or "one-stop remittance" or directly ask whether you can remit US dollars abroad. 3. International Credit Card The characteristic of international credit card remittance is that there is no handling fee, and the injected funds will be deposited into your trading account within a few hours. Visa and MasterCard are both valid. The maximum monthly remittance limit is $5,000. Please refer to the regulations of foreign exchange brokerage company for the minimum amount of each remittance by credit card. Credit card remittance is settled in US dollars, and foreign exchange advances formed by dual-currency credit card consumption can be repaid by purchasing foreign exchange with RMB funds. Please check the relevant exchange rate with your card issuer. 4. PayPal is a Yi Bei company, a global leader in online payment solutions, with more than 71600,000 account users worldwide. PayPal will charge customers a handling fee of 2.9% plus a surcharge of 30 cents. Customers cannot use PayPal's service to withdraw funds. In order to comply with the new regulations of the United States, the amount you deposited through PayPal will be withdrawn after 30 days. It should be noted that PayPal must be activated by credit card, so it is another application of credit card. PayPal's headquarters website is/. In addition, the Chinese general agent of FXSOL, Huanya, also has the registration and use instructions. See/paplygudie.htm.v. Receiving remittances from foreign companies are all ways for individuals to remit money to foreign companies. How to make money from abroad and get it back is the purpose of our foreign exchange transaction. Individuals who receive remittances from foreign companies must open a current deposit account in a bank, which can be a passbook or a bank card. According to the regulations of various banks, investors can only receive remittances from foreign exchange companies if they open an account in a bank branch at or above the county level, because the branch below the county level does not directly receive foreign remittances, and must transit through a superior bank. Pay attention to the specific English address information of the bank where the account is opened, so as to fill in the form when the foreign exchange company withdraws money. Banks all over the country often impose different quotas on personal accounts to receive remittances from foreign companies without proof. Generally within $65,438+0,000 each time and $2,000 for individuals. If you withdraw a lot, you can remit it back in several times. In practice, it is convenient for BOC's current all-in-one passbook, ICBC's current all-in-one passbook, China Merchants Bank's bank card and accounts opened in foreign banks to receive remittances from foreign companies. Take the current all-in-one passbook account of China Bank as an example. If this passbook receives foreign remittance for the first time, after the funds arrive at the bank where the passbook is opened, the bank phone will inform the customer to go through the entry formalities with the ID card. The procedure is very simple. Generally, the remittance received at one time is below $6,543,800+0,000, and proof of origin is not required. In the future, this passbook will receive foreign remittances, and the bank will directly enter the account without the customer running errands. The foreign exchange received in the passbook can be converted into RMB at any outlet in the same city at any time with the ID card according to the bank quotation at that time of the day. 5. Receiving remittances from foreign companies The above are all ways for individuals to remit money to foreign companies. How to make money from abroad and get it back is the purpose of our foreign exchange transactions. Individuals who receive remittances from foreign companies must open a current deposit account in a bank, which can be a passbook or a bank card. According to the regulations of various banks, investors can only receive remittances from foreign exchange companies if they open an account in a bank branch at or above the county level, because the branch below the county level does not directly receive foreign remittances, and must transit through a superior bank. Pay attention to the specific English address information of the bank where the account is opened, so as to fill in the form when the foreign exchange company withdraws money. Banks all over the country often impose different quotas on personal accounts to receive remittances from foreign companies without proof. Generally within $65,438+0,000 each time and $2,000 for individuals. If you withdraw a lot, you can remit it back in several times. In practice, it is convenient for BOC's current all-in-one passbook, ICBC's current all-in-one passbook, China Merchants Bank's bank card and accounts opened in foreign banks to receive remittances from foreign companies. Take the current all-in-one passbook account of China Bank as an example. If this passbook receives foreign remittance for the first time, after the funds arrive at the bank where the passbook is opened, the bank phone will inform the customer to go through the entry formalities with the ID card. The procedure is very simple. Generally, the remittance received at one time is below $6,543,800+0,000, and proof of origin is not required. In the future, this passbook will receive foreign remittances, and the bank will directly enter the account without the customer running errands. The foreign exchange received in the passbook can be converted into RMB at any outlet in the same city at any time with the ID card according to the bank quotation at that time of the day.