Hello, the nature of funds related to trade payment cannot be recorded, and the amount of funds for other purposes can only be recorded after the equivalent of more than 3000 US dollars (including) is successfully declared (no matter the amount in Shenzhen, it can only be recorded after the successful declaration).

"According to the regulations of SAFE, the foreign exchange savings accounts of domestic residents shall not be used for enterprise settlement in principle. Remittances from overseas companies to domestic individuals cannot be recorded in the following cases in principle:

1. The other party is a securities company or an investment company;

2. Remittance postscript can be regarded as trade payment;

3. The payee declares that the money belongs to capital or trade payment;

4. Other funds that the local foreign capital management department thinks cannot be accounted for.

If your money does not belong to foreign exchange for trade and investment, it can generally be recorded, but our bank will also review the authenticity and legality of this money.

If you have any other questions, please open www.cmbchina.com, the homepage of China Merchants Bank, and click "Online Customer Service" in the upper right corner to enter the consultation.