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Asked by tumuruu from Mongolia | Feb. 15, 2016 02:27
About:China Bank Acount, Credit Card, Traveler's Cheque

can i deposit my US cashier check and send half of amount back home in wire?

Hi i really need advice. Ihave US cashier check more than 500,000 dollar less than 1 millio dollar and i would like to open up chinese bank account and deposit my check into a bank. After i deposit my check i would like to send half of amount back home in wire. Is it possible? Do they accept large amount of check? Money is good money and have no problem. Can Bank of china (for example) accept my check and let me wire half of amount back home? Please guys i really need help

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Answers (1)
Answered by Zhao from China | Feb. 15, 2016 20:29
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I'm afraid that won't happen. As far as I know, the limit amount is 50,000 US dollars per year for each person.
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