Current location - Loan Platform Complete Network - Foreign exchange account opening - I'm going to study in America and plan to open an account there. Is there a limit for parents to transfer RMB in China?
I'm going to study in America and plan to open an account there. Is there a limit for parents to transfer RMB in China?
1. Parents must buy US dollars from a bank in China before remittance.

There is no limit to the amount of remittance acceptable in the United States. However, each remitter (not limited to parents) shall not exceed 10000 USD at a time, and the total remittance amount shall not exceed 10000 USD every year. If it exceeds the bank, it must be reported to the government, and you may be asked to provide the source of remittance funds to prevent money laundering.

3. The payee does not pay personal income tax. (Only after receiving a remittance of more than $5 million in a lifetime)