If you work in Dubai and earn 1.8 million yuan a year, how do you remit the 1.8 million yuan to China? How many remittance methods are there?

Let’s talk briefly about Dubai currency. The currency of Dubai, the dirham, is converted into RMB, and the exchange rate is 1 dirham equal to about 1.607 yuan.

Dubai, a gathering place for the world’s richest people. You can pick up money by sweeping the streets, but whether you can pick it up or not depends on your luck! So rich! But water is more expensive than oil! Marry a Dubai wife, even if you don’t have a million dollars, you won’t even be able to smell it!

There are many ways to remit money from abroad to China, including bank counters, wire transfers, online remittances, Western Union (offline remittances), and traditional remittance companies.

Bank counter processing method:

1*, first of all, you must have a special foreign exchange account in China (special application). Some banks have multiple currency functions for one account. If there is a foreign currency remittance function, there is no need to apply for it.

The China Merchants Bank all-in-one card automatically activates the foreign exchange remittance function.

2. Show your personal ID.

3. Fill in the foreign exchange remittance form information. Carefully fill in the remittance content information, that is, the payee's name, address, remittance amount, and the code SWIFTCODE of the domestic payee's bank.

If you are not familiar with it, you can ask your bank for an overseas remittance route map, which contains complete information.

But please note: a. Personal remittances cannot be remitted to company accounts, and company money cannot be remitted to personal accounts. (Prevent money laundering)

b. There is no upper limit on the amount of remittances from abroad to the country. However, the single transaction amount is limited to US$10~2999, and the bank charges a handling fee of US$2.99 ??for each transaction. The daily limit is $50,000.

c. To remit large amounts from abroad to China, you must apply to the State Administration of Foreign Exchange and provide proof of income from the legal source of the money. Otherwise, the money will be returned to the original route. (To prevent money laundering)

2. Online remittance.

A single transaction amount ranges from $10 to $2,999. There is no limit to the number of times, but proof of legal income from the source of the money is required. (To prevent money laundering).

If it is legal, you can remit as much money as you want to the country. However, bank settlement is in RMB, with a daily limit of US$50,000.

The payee’s ID card, country and mobile phone number.

Visa credit card or MasterCard issued by the bank in the country where the remitter holds

Domestic remittance transfer to the country:

1. Remittance throughout the year The total amount is US$50,000. About 300,000 yuan.

Within one year, individuals can only remit US$50,000 abroad. If you finish the remittance in one go and want to remit it again, you can’t! ! Unless, prepare a few more ID cards. You know! !

If you have recurring expenses abroad, you must issue a certificate, report it to the bank for record, and then issue various certificates through China Customs. For example: Category 1, for those who study abroad, the school will issue a list of tuition fee certificates and receipts. After customs review and approval, the bank will transfer the money to the designated school. (Preventing money laundering and asset transfer)

For Category 2, if you rent a house abroad, the landlord will provide the rental contract and community registration certificate, and then operate like Category 1, and remit the money to the landlord. (Prevent...)

Category 3, other categories such as picking up girls, kTⅤ red light districts, drinking red wine, etc. All consumption lists are collected, and the operation is the same as Category 1.2. (Prevent...)

For reference only. If there is any discrepancy, please refer to the latest foreign exchange remittance management regulations. Cross-border and cross-currency transfers, personal experience, let me tell you the methods often used by rich people.

I went to California in the United States before and met a Chinese boss, an aunt in her 40s. If placed in China, she would be a veritable tycoon. She really explained it well: As long as you work hard, you will always encounter opportunities in the United States.

She told me that when she was young, her boyfriend coaxed her to come here. Later, her boyfriend got married to someone else, but she didn’t know anything and worked various jobs in order to survive. , most of them were nannies, and they also had foreign boyfriends, but they didn’t get along with each other, so they finally chose to be nannies after being introduced by another Chinese friend.

Because American elderly people rarely help their children, the demand for nannies is also very high, so she also makes some money. But after returning to China, I couldn't adapt to the work at home, so I chose to stay in the United States.

I was playing and working at the same time, and I still had tens of thousands of yuan on hand. People who have been out should know that the limit of RMB that each person can carry when leaving the country is 20,000 yuan. , entry exceeding the equivalent of US$5,000 must be declared.

In the United States, tourists carrying more than 10,000 US dollars in cash must not only declare it, but also provide a reasonable explanation for the source of the cash, and some even need to show vouchers. It sounds very troublesome. However, if you fail to declare, you may even face a fine of US$500,000 and a prison sentence of more than 10 years.

However, many people like to carry cash when traveling abroad. As for why, it may be because people feel safe carrying cash when going out.

This reminds friends to pay special attention before traveling.

But there is a very strange location, such as Thailand.

When traveling to Thailand, if you carry less than 20,000 baht or equivalent foreign currency with you, you may be regarded as a "poor" (a person without normal spending power) and may be illegal. If you have a tendency to immigrate, you will be refused entry by Thai customs. Even if you use a credit card to make purchases when entering the country, it depends on the amount of cash you carry with you.

These are all off topic, but this aunt has been doing this for more than 20 years. Now I have my own company, all of which are Chinese, with a monthly income of US$50,000 to US$60,000. All my money was transferred to my younger brother in China for storage. She said: RMB is valuable, but the U.S. dollar is not. She will work for a few more years and then go home to retire. This is also the cross-border transfer she told me.

Take the transfer of money from Chase Bank in the United States to China CITIC Bank as an example:

Bring your mobile phone, go to the bank to apply for a bank card, and then bind the bank card. Address, the last four digits of the security number, the bound email address, and the swift code of the CITIC Bank account opening bank. Then, download the mobile app and log in.

If the transfer amount you want is less than 5,000 US dollars, you do not need to declare it. If it exceeds 5,000 US dollars, you need to first provide relevant materials to prove that it is your legal income, and then go through the declaration process. When entering the account, sometimes the review will be very fast, less than an hour, sometimes it will be a little slower, but not too long.

Click to enter wire transfer, receive the verification code, which will be sent to the bound US mobile phone number, add the payee information, bank card information, and payee bank swift code .

Finally, no matter how much money is transferred, the handling fee is US$40, but the maximum transfer amount per day is US$25,000. Generally, if the amount reaches the domestic account within 3 days, if it exceeds 5,000 US dollars, CITIC Bank will call the payee and get the materials to declare and deposit it into the account, and he can withdraw RMB.

There may be other methods, such as: sending a personal check, making a wire transfer at a local bank, making a deposit to a domestic Bank of China account at an overseas branch of Bank of China, etc.

However, it is worth noting the two most important points:

1. For cross-border inter-bank transfers, first of all Make sure that your foreign bank card has enabled international remittances.

2. The transfer is based on the exchange rate of the day, and you need to pay a handling fee for cross-border transfers, so you have to be careful when transferring and bring more money, otherwise Probably not enough.

But it seems that there is a card issued by Bank of China in the UK, which is free of charge for cross-border transfers of different currencies on the same account. You can consult Bank of China. Transfers with this card arrive within 24 hours and can be completed within the mobile APP.

But to say the least, no matter which method you use, you must not listen to some unfounded, "quick and easy" methods abroad, especially those of strangers. . In order to save some money, some people would rather take the risk of finding a private exchange or an unnamed underground "place". This idea is absolutely unacceptable, and this behavior carries a huge risk of being deceived and is illegal. Otherwise, you will regret it later.

With the continuous development of my country's economy and society, many people currently go abroad to work, study, or travel. At this time, it is very common for funds to be exchanged between foreign countries and China, such as Sending domestic money abroad, or sending money earned abroad back to the country, is a cross-border transfer.

How to operate cross-border transfers? What are the ways to transfer money? What are the fees for transfers? What are the restrictions etc?

Our country currently implements foreign exchange controls. If an individual sends money abroad, the annual limit for each person is 50,000 US dollars. In addition, if you carry cash out of the country, you cannot carry more than 5,000 cash at a time. Dollar.

If your annual remittance amount is less than 50,000 yuan, this process is very simple. You only need to go to the bank to go through the remittance procedures. Currently, domestic money is remitted abroad mainly through some big banks. For example, Industrial and Commercial Bank of China, Bank of China, etc.

But if the annual remittance amount exceeds US$50,000, or a single remittance exceeds US$10,000, or the cash carried out of the country exceeds US$5,000, you must declare it, and then you must provide proof of reasonable use of funds. , it is possible to successfully remit.

For example, provide authentic certificates for studying abroad, such as admission letters, tuition receipts; such as authentic certificates for overseas medical treatment, such as certificates from local hospitals, overseas hospital fee receipts, entry-exit passports, etc.; as long as you can If you provide real evidence, you can remit an amount exceeding US$50,000, but if the amount exceeds too much, this route may not be feasible.

If the amount of remittance you want to remit is relatively large, such as more than several million U.S. dollars, then it is definitely not feasible to remit it in the name of an individual. At this time, it is basically necessary to remit it in the name of the company, and The procedures for transferring foreign exchange abroad in the name of a company are very troublesome.

You have to go through a lot of processes here, such as first going to the Ministry of Commerce for filing and approval, then going through the National Development and Reform Commission for filing and approval, and then filing with the Administration of Foreign Exchange. Only these departments can verify that the project you invest in is authentic. , your source of income is legal, there is no money laundering, and the potential risks will be assessed before you are allowed to purchase foreign exchange and transfer the money abroad.

Currently, many people go abroad to do business or work. After making money abroad, they must find ways to transfer the money to the country. Is there any way to transfer the money from abroad to the country? Judging from the current actual situation, there are mainly several ways.

First, remit money through online banking.

Through online banking remittance, you can directly choose some foreign banks. As long as these banks have joined the international settlement system, you can remit money normally.

Of course, there are currently some banks in China that have one-stop cards. Through these cards, you can use domestic mobile banking or online banking to transfer money directly back to the country.

It is relatively simple to remit money through online banking, but the amount is relatively small, generally not exceeding 2,000 US dollars. If it exceeds 2,000 US dollars, you may need to provide legal income certificate

Second, arrive Remittance at local bank branches.

When going to these banks to remit money, you need to provide your name, bank account, bank address, bank name and code (Swift code). In addition, you must have a foreign exchange account in China for receiving money. For this money, some major banks can now open such foreign exchange accounts. After preparing these procedures and information, you can go directly to the bank and submit the information to them, and then the bank will convert it into RMB according to the corresponding exchange rate for remittance.

However, international payment charges are generally relatively high. For example, when the United States sends money back to China, a single handling fee may reach more than 10 US dollars.

Third, Western Union wire transfer.

Western Union Wire Transfer is currently one of the largest international remittance service providers. It has outlets in more than 200 countries and regions around the world, with more than 500,000 cooperative outlets, and more than 28,000 cooperative outlets in China. .

This is also the most commonly used method for international remittances. If you want to transfer foreign money back to China, you only need to go to the local Western Union wire transfer cooperation outlet and provide relevant information as required. When it comes to remittances, Western Union wire transfers arrive relatively quickly, usually in 1 to 5 days, and the fastest can even arrive in 15 minutes.

But there are some things that require special attention in the three methods I mentioned above:

1. If the remittance amount exceeds a certain amount, you need to provide proof of legal income, such as in the United States If the amount of your remittance exceeds a certain limit.

2. When doing domestic foreign exchange settlement, if the single foreign exchange amount exceeds US$3,000, you may need to declare it, which means you must provide proof of legal income sources.

3. You cannot transfer a company account to a personal account, nor can you use a personal account to transfer a company account.

Fourth, fund swap

The remittance methods we mentioned earlier are relatively troublesome, and the amount is greatly restricted, even if you remit money from abroad There is no quota limit for returning to China, but the domestic foreign exchange settlement is still subject to a limit of US$50,000. If it exceeds US$50,000 and you cannot provide reasonable proof of income, it will be difficult to settle foreign exchange.

Therefore, in order to avoid unnecessary troubles, many people will find some professional companies or some acquaintances for exchange.

To put it simply, someone in China wants to transfer money abroad. For example, if he has children studying abroad and needs foreign currency, you can give the local foreign currency to his children. Then ask him to transfer the same amount of money to your account in China. Currently, many people transfer more than 50,000 yuan in foreign exchange, and this is actually how they do it.

Let me talk about my experience of working in South Korea

First, you can go to a bank in South Korea to transfer money to a domestic account. It takes a little longer and costs a little more, but it is safe, but the amount is special. If you are huge, you may be targeted, you know

Second, the money exchange, how should I put it, I feel that this money exchange is just like the ones we used to resell foreign exchange. The characteristics of the money exchange are that it is fast and point-to-point. You can use WeChat, Alipay, or bank transfer, and it will arrive immediately, or you can exchange it for cash and take it back home

Cross-border transfers are available There are two situations, one is from abroad to domestic, and the other is from domestic to abroad!

When transferring money from abroad to China, the two most commonly used methods are bank wire transfer and Western Union!

Bank wire transfer: The first thing is to choose a bank. It is best to choose a branch of a domestic bank abroad. This way, you don’t need to transfer money from several banks. This way, the processing time is the fastest and the cost is the lowest. It is the same for domestic and foreign banks. , there is a handling fee for transferring. And if the money arrives late, it’s easy to figure out the reason!

Domestic transfer to foreign countries.

First: transfer out through domestic banks, mainly Bank of China and other large state-owned banks, through wire transfer business. Bank wire transfer or Western Union wire transfer is the same as transfer in from abroad.

Second: Use a domestic bank card to transfer money directly to the other party’s card. Just change the exchange rate into the other party's currency.

But please note: Currently, an individual cannot remit more than 30,000 US dollars in a single day from domestic to overseas, and the maximum is 50,000 US dollars in a year. If you exceed it, you will be subject to a limit!

I open a restaurant in Vietnam

Let’s talk about how I can repatriate the Vietnamese dong I earn here

First of all, in Vietnam, all payments are made in cash, and in Vietnam Dong,

When I work here, Chinese people always keep Vietnamese Dong in their wallets, and a few also have US dollars.

When I run a restaurant, the daily turnover is between 5,000 and 10,000, I guess. Restaurant

The main group of people faced by the restaurant are Chinese, and 90% of them pay in Vietnamese dong, as well as by WeChat transfer or US dollars

The fastest way is to exchange money. , the Vietnamese dong received every day, Chinese people can exchange pocket money with Vietnamese dong, or if they need to use Vietnamese dong, they can exchange it with me, transfer it to me using WeChat or zfb, I will pay him Vietnamese dong in cash,

Then There are underground banks, but the fees are very high.

If you work in Dubai and earn 1.8 million yuan a year, how do you remit the 1.8 million yuan to China? How many remittance methods are there?

Let’s talk briefly about Dubai currency. The currency of Dubai, the dirham, is converted into RMB, and the exchange rate is 1 dirham equal to about 1.607 yuan. Dubai, the gathering place for the world's richest people. You can pick up money by sweeping the streets, but whether you can pick it up or not depends on your luck! So rich! But water is more expensive than oil! Marry a Dubai wife, even if you don’t have a million dollars, you won’t even be able to smell it!

There are many ways to remit money from abroad to China, including bank counters, wire transfers, online remittances, Western Union (offline remittance), and traditional remittance companies. 1. Bank counter processing method:

1. First, you must have a special foreign exchange account in China (special application). Some banks have multiple currency functions for one account. If there is a foreign currency remittance function, there is no need to apply for it.

The China Merchants Bank all-in-one card automatically activates the foreign exchange remittance function.

2. Show your personal ID.

3. Fill in the foreign exchange remittance form information. Carefully fill in the remittance content information, that is, the payee's name, address, remittance amount, and the code SWIFTCODE of the domestic payee's bank.

If you are not familiar with it, you can ask your bank for an overseas remittance route map, which contains complete information.

But please note: a. Personal remittances cannot be remitted to company accounts, and company money cannot be remitted to personal accounts. (Prevent money laundering)

b. There is no upper limit on the amount of remittances from abroad to the country. However, the single transaction amount is limited to US$10~2999, and the bank charges a handling fee of US$2.99 ??for each transaction. The daily limit is $50,000.

c. To remit large amounts from abroad to China, you must apply to the State Administration of Foreign Exchange and provide proof of income from the legal source of the money. Otherwise, the money will be returned to the original route. (Prevent money laundering) 2. Online remittance.

Single transaction amount is $10~2999. There is no limit to the number of times, but proof of legal income from the source of the money is required. (To prevent money laundering).

If it is legal, you can remit as much money as you want to the country. However, bank settlement is in RMB, with a daily limit of US$50,000.

The payee’s ID card, country and mobile phone number.

Visa credit card or MasterCard issued by the bank in the country held by the remitter

Domestic remittance transfer to the country: 3. The total amount of remittances throughout the year is US$50,000. About 300,000 yuan.

Within one year, individuals can only remit US$50,000 abroad. If you finish the remittance in one go and want to remit it again, you can’t! ! Unless, prepare a few more ID cards. You know! !

If you have recurring expenses abroad, you must issue a certificate, report it to the bank for record, and then issue various certificates through China Customs. For example: Category 1, for those who study abroad, the school will issue a list of tuition fee certificates and receipts. After customs review and approval, the bank will transfer the money to the designated school. (Preventing money laundering and asset transfer)

For Category 2, if you rent a house abroad, the landlord will provide the rental contract and community registration certificate, and then operate like Category 1, and remit the money to the landlord.

(Prevent...)

Category 3, other categories such as picking up girls, kTⅤ red light districts, drinking red wine, etc. All consumption lists are collected, and the operation is the same as Category 1.2. (Prevent...)

Definitely usdt

Nowadays, there are many methods of inter-bank transfer, such as over-the-counter transfer, ATM transfer, online banking transfer, mobile banking transfer, cash check, local transfer, Wire transfer. Over-the-counter transfer: Transfer money through the bank's counter, and the arrival time of the other party can be determined according to the request of the transferor. You can choose between payment within two hours and payment within 24 hours. The bank will charge a certain amount of handling fee.

To have a foreign exchange account, some banks require special application, and some banks have multiple currency functions for one account.

Ask the bank for an overseas remittance road map, which includes domestic Bank account information abroad, remittance routes in various currencies, intermediary bank information, remittance payee information, and domestic bank information, etc.

Fill in the required content of the road map and provide it to the foreign remitter. 4. The remitter will hand over the route map to the foreign bank and pay the handling fee according to the requirements of the bank.

When the payee receives the remittance, the collection time of different domestic banks is also different.

Based on my personal experience, there is a "Transfer and Remittance" option on the homepage of mobile banking. Click on "Overseas Remittance" to support small-amount remittances.

If you are a novice, you can go to the bank to transfer money, and find professional people to do professional things. Each bank has an overseas remittance counter. When you go there, you must bring proof of remittance.

Key points:

Ask in advance what materials are needed to avoid extra trips.