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Asked by Mr.Lu Jian You from Singapore
| Aug. 10, 2010 22:19
About:Chinese Currency & Money Exchange

I like to find out how to remit money out of China. What is the limit to the amount of RMB that can be transferred out of China each time? Is there any tax levied on the transfer? How does one go about remitting money out of China? Thanks.

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Answers (1):
| Aug. 11, 2010 02:47
Reply   0   0
no more than 50000 US dollar, one time in a day, in spot exchange, but not cash. You need to pay some commission fee. Choose Money Gram. It is the cheapest, then Western Union. If you can find them, choose Bank of China.
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