At present, the annual limit of individual residents' foreign exchange settlement and sale is 50,000 US dollars (equivalent, the same below). If the foreign exchange is remitted after purchase and does not exceed the limit, 50,000 US dollars can be remitted at one time with valid personal identity documents. If it exceeds $50,000, you need to provide proof of use, such as admission notice and tuition certificate.

If it is cash, the accumulated remittance limit for the day is 10000 USD, and there is usually an additional conversion fee for paper money and remittance.

For specific provisions, please refer to the Detailed Rules for the Implementation of the Measures for the Administration of Personal Foreign Exchange: Article 14 The remittance of domestic personal foreign exchange for current account expenditures shall be handled in accordance with the following provisions:

If the accumulated foreign exchange in the foreign exchange savings account on the day of remittance abroad is less than $50,000 (inclusive), I will go to the bank with my valid identity certificate; If it exceeds the above amount, it shall be handled with the authenticity certificate of the transaction amount under the current account.

Hand-held foreign currency cash with a cumulative equivalent of less than $654.38 million on the remittance day shall be handled at the bank with my valid identity certificate; If the amount exceeds the above amount, it shall be handled by the authenticity certificate of the transaction amount under the current account, the People's Republic of China (PRC) Customs Entry Passenger Baggage Declaration Form signed by the customs, or the foreign currency cash withdrawal certificate of my original bank.