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Is there any restriction on personal account in China Bank? I am in Yiwu.
There is no limit to the amount of remittance, but the amount of RMB settlement is limited to no more than 50 thousand dollars per year, and there is no limit to the number of times. But now the cash withdrawal in dollars is $65,438+0,000. All revenues and expenditures are included in the national external management revenue and expenditure declaration system.

The handling fee of the other party's remittance depends on the bank and account level, and it usually arrives in three to five working days. The money received can be deposited into the account in US dollars or converted into RMB at any time (you must bring your ID card to the counter). Dollars are "foreign exchange" before leaving the collection account, and can be settled at the quoted "spot exchange" price. However, once the US dollar bill is withdrawn, it can only be counted as "paper money" and settled at a "cash" price far lower than the current exchange rate.