If it does not involve securities investment, trade payment, etc. Remittances from overseas personal accounts can be accepted normally, and remittances from overseas corporate accounts need to be confirmed by contacting the bank.
Precautions for cross-border remittance:
1. A single amount exceeding the equivalent of $5,000 needs to be declared for foreign-related income.
2. There is no charge for China Merchants Bank to settle in, but if the overseas intermediary bank charges, the funds may not reach China Merchants Bank in full.
3. Cross-border remittance refers to the foreign exchange remittance business of individual online banking customers to the payee who opens an account in a bank outside the mainland within the prescribed limit. Cross-border remittance has both telecom fees and handling fees, which is time-consuming to operate.
4. As there is generally a maximum fee for cross-border remittance, it is suggested to increase the amount of a single remittance as much as possible within the maximum amount, so as to reduce the number of remittances and save the telegraph fee for each remittance.
Extended data:
Advantages of cross-border remittance:
First, it reduces the risk of loss of cash, and it is relatively safe and convenient to apply for foreign currency carrying certificates regardless of the amount.
Second, it can be repaid after consumption, which is convenient for repayment. For international credit cards issued by some banks, cash can be directly deposited in all domestic outlets, and repayment can also be made through ATM or online bank transfer.
The third is the discount fee. With international credit cards, parents save money at home and children spend money abroad, and there is no handling fee. Using a credit card can not only avoid the risk loss of foreign currency exchange, but also avoid paying foreign currency exchange fees.
Fourth, after handling the primary and secondary cards, children can use the secondary cards to spend abroad. In addition to using the main card to repay money at home, parents can also monitor their children's consumption abroad. However, when using credit cards, we must pay attention to two points: first, pay back the arrears on time, and second, don't overdraw, so as not to develop the bad habit of being extravagant.
Baidu encyclopedia-cross-border repayment