How do individuals receive foreign remittances?

Individuals who receive foreign remittances generally need to provide international remittance account information and SWIFT code.

You can consult your bank about your international remittance information, or look up the corresponding information on the bank's website. After the bank receives the remittance, it will generally charge a certain handling fee, depending on the bank and the remittance amount. In addition, individuals need to know their foreign exchange management policies before collecting foreign exchange, so as to ensure that the declaration and legal procedures are in compliance.