At present, there are three main ways to remit funds:

1. Bank wire transfer: the bank remittance counter charges less than 2% of the handling fee and less than 1% of the difference fee for the conversion of banknotes and remittances, and the foreign intermediary bank charges about 15 dollars. According to the recent new regulations of SAFE, the cumulative overseas remittance of each bank's business department per person per day should not exceed 5, US dollars, but a large amount can be borrowed from others.

for a single cash payment of less than $5, or cash payment of less than $1,, you don't need to show proof, just a personal ID card.

2. Banking and postal services: "One Huitong" banking and postal international electronic remittance is a new generation of cross-border US dollar remittance business jointly launched by China Post and the world-renowned bank * * *. Many post offices in big cities have opened this business, and some cities with lax supervision, such as Xiamen and Hangzhou, can remit as much as they want, with no upper limit, and there is no obstacle to legal remittance. This is also the best strategy to solve the bank remittance restrictions.

3. international credit card: there is no handling fee for remittance, and it does not exceed $5, each time and every month, but the procedures for applying for a credit card are complicated. In most cases, there are no restrictions on overseas remittance, but there may be some restrictions in a few banks in some areas.

If a China Merchants Bank may restrict remittance from foreign "capital accounts" to domestic individuals, or a China bank receives cash remittance of more than US$ 2,, it must provide proof of income, etc. In this case, you need to go to other banks to operate.

generally speaking, hundreds of cities such as Beijing, Shanghai and Hangzhou generally do not particularly restrict inward and outward remittance (there are exceptions, but they are all easy to solve in the end). The more individual remittances, the better, because the remittance fee of $2, and $1, is $ 1-4.

The above features:

1. Wide remittance network coverage

China Bank provides comprehensive financial services to customers in China Mainland and 41 countries and regions, and has established correspondent bank relations with more than 1,6 institutions in 179 countries and regions around the world. The optimal remittance path makes your remittance unimpeded around the world.

2. Rich remittance currencies

At present, the counter can provide telegraphic transfer and remittance services in up to 18 currencies, including US dollars, British pounds, euros, Hong Kong dollars, Singapore dollars, Japanese yen, Canadian dollars, Australian dollars, Swiss francs, Swedish kronor, Danish kronor, Norwegian kronor, Macao pataca, New Zealand dollars, Thai baht, South African rand, Russian rouble and Malaysian ringgit. Electronic channels such as online banking can also handle wire transfer services in all the above currencies.

3. Remittance is safe and convenient

There are two kinds of services to choose from: telegraphic transfer and bill transfer, which can meet your requirements of different amounts, uses and timeliness. A new "full payment service" is added, and the transfer fee is locked in advance to ensure that the remittance principal reaches the payee in full. At present, four models have been launched: USD, EUR, AUD and JPY.

cross-channel use of commonly used remittance templates is supported. You have handled remittance business through the counter, online banking or self-service terminal channels and saved it as a commonly used template. You can call it directly when remitting money from any channel again, and you don't need to fill in the form repeatedly.

Extended information:

Other ways of remittance:

1. Directly transfer money overseas through remittance companies

First of all, remittance companies are the channels with the largest business volume at present, and they generally have branches at home and abroad. Domestic branches are commonly called underground banks, and overseas branches are usually called money exchange companies or remittance companies. Remittance companies are legal in Canada, and their advertisements can be seen on major newspaper websites.

2. Transferring money from Hong Kong to Canada

The difficulty lies in how to transfer money to Hong Kong. The simplest way is to carry cash directly from Shenzhen to Hong Kong with me in my luggage. This way has no extra cost, but it is also risky. Or through some agencies, some "water passengers" who specialize in running errands are used to transport cash across the border in a small number of times and then deposit it in the bank account in the name of a currency exchange point.

3. Transfer money from Macau to Canada

Another option is to find ways to bring money to Macau. Macau is famous for gambling, and it is of course inseparable from casinos to transfer money to Macau. The first way is to put the money into the bank debit card to participate in the redemption of VIP customers in the casino, and then help the broker to arrange the chips to change from "dead chips" to "live chips" in exchange for funds, but not return to the bank card.

the second method is to buy brand-name watches or jewelry in the shops and pawn shops supporting the casino, and then pawn it on the spot.

4. Relevant persons with special resources

Setting up a company abroad is one way, and this kind of capital transfer usually goes abroad in the form of normal overseas investment of enterprises. It is necessary to register an offshore company in Panama, Cayman Islands and other places first, and move the book funds out little by little through a third party. Most people who use this method to transfer funds are senior executives of large enterprises or responsible persons of a specific business.

Reference: Fenghuang. com-China Bank Remittances Abroad.