Do you need the payee's confirmation to remit money from China to overseas?
Need. Personal overseas remittance limit: remittance of less than 50,000 US dollars on the same day can be handled directly in the bank with my valid ID card. If the amount exceeds, relevant certificates must be provided and the remittance must be confirmed by the payee. To sum up, remittance from China to overseas needs confirmation from the payee.