1. The maximum amount of foreign exchange purchased by domestic individuals with ID cards is $50,000 per year, and the maximum amount of foreign exchange remitted abroad is $50,000 per day.
2. The remittance purpose written by the remitter at the time of remittance should not be fictitious, but accurate.
3. The payee cannot be a financial company, such as an investment company, a securities company, a gold exchange, a futures exchange, an insurance company, etc.
4. The sender and address of overseas remittance must be detailed and accurate.
What is the process of remittance abroad?
1, a one-time remittance of less than $2,000, directly to the bank; One-time remittance with an equivalent value of more than US$ 2,000 and less than US$ 654.38+US$ 0.000 shall be examined and approved by Beijing Administration of Foreign Exchange; One-time remittance with an equivalent value of more than USD 6,543,800,000 must be reported to the State Administration of Foreign Exchange for examination and approval.
2. Relax the amount of deposits in cash accounts remitted abroad for five reasons, such as studying abroad at one's own expense, going abroad for medical treatment, individual residents paying membership fees of international academic organizations, ordering a small amount of drugs, medical devices and other special-purpose foreign exchange from abroad, and using foreign exchange in special circumstances such as serious illness, death and sudden disasters of immediate family members of individual residents abroad:
(1) If the one-time equivalent amount exceeds US$ 2,000 and is less than US$ 654.38+0,000, the bank will directly handle it according to the relevant regulations after reviewing the written certification materials provided by customers;
(2) One-time remittance with the equivalent value of 1 1,000 USD but less than 200,000 USD shall be examined and approved by Beijing Administration of Foreign Exchange;
(three) the equivalent of more than 200 thousand US dollars remitted at one time shall be reported to the State Administration of Foreign Exchange for examination and approval.
To sum up, financial institutions engaged in foreign exchange business should open foreign exchange accounts for customers in accordance with the provisions of the foreign exchange administration department of the State Council, handle foreign exchange business through foreign exchange accounts, and report the foreign exchange receipts and payments and account changes of customers to the foreign exchange administration department according to law.
Legal basis:
Measures for the administration of personal foreign exchange
second
Personal foreign exchange business distinguishes domestic and overseas personal foreign exchange business according to the transaction subject, and distinguishes personal foreign exchange business under current account and capital account according to the transaction nature. Manage personal foreign exchange business according to the above classification.