How to remit a large amount of foreign currency into a bank account in China?

First, you can remit money directly at the counter, and there is no quota requirement for the time being; If converted into RMB, each person can only exchange 50,000 dollars.

Two. The specific process of foreign currency remittance:

1. When the foreign exchange arrives at the bank, the bank will inform you by SMS. If the foreign exchange arrives, you can go to the counter or through online banking. Operation path: log in to online banking-foreign exchange management-declaration of international remittance income-declaration-fill in according to the requirements of the declaration page, and the source area and function of funds are enough.

2. Waiting for payment, usually completed within 12 hours, can be transferred to your account without calling the bank; Wait a little longer, there will be bank staff backstage to help deal with it, so don't call again.

3. After the application is successful, the status is paid.

Extended data:

cash

International students studying abroad should bring a certain amount of foreign currency cash, which is mainly used for living expenses and small emergency expenses in the early stage. The State Administration of Foreign Exchange has relevant regulations on the amount of foreign currency that can be carried at one time. Those who exceed the quota must apply for an exit permit to carry foreign currency and show it to the customs on their own initiative when leaving the country.

Foreign currency exit permits can be handled in banks, and the handling fee for each permit is about RMB 10 yuan. Carrying cash can be used for payment immediately, with low cost, but it is neither convenient nor safe. Once the cash is lost or stolen, it cannot be compensated. Therefore, in addition to carrying a small amount of cash, it is best to send large amounts of foreign currency by remittance.

telegraphic transfer

When remitting money to children who are about to study abroad or have already been abroad, most people first think of telegraphic transfer, that is, directly remit money to the payee's account through the international interbank telecommunication system. Wire transfer has many currencies, is safe, fast and universal, and can be directly remitted to the payee's account, but the cost is relatively high, which is more suitable for customers who already know the payee's name, account number and bank information and have high requirements on the time and security of remittance arrival.

Baidu encyclopedia-cross-border remittance