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How do Hong Kong and Macao residents remit domestic funds abroad?
According to the national foreign exchange management policy, domestic residents can handle remittance business for private foreign exchange payment and investment, including: 1. Current account foreign exchange expenditure: individual residents use foreign exchange for overseas travel, visiting relatives, friends, pilgrimage, studying abroad, seeking medical treatment, participating in international academic activities, and being employed for teaching. Pay the membership fees of international academic organizations; Mail order a small amount of medicines and medical devices from abroad; Use of foreign exchange under special circumstances such as illness, death and disaster of immediate family members abroad; Foreign exchange for personal use carried by foreigners and compatriots from Hong Kong, Macao and Taiwan who have lived in China for more than one year or purchased in China; Other current account foreign exchange expenditure. 2. Remittance of self-funded study abroad or study abroad for primary and secondary school students from the cash account of current account expenses: fill in a written application, apply for a passport with a valid entry visa to a country or region, or a pass to and from Hong Kong and Macao, a formal admission notice from a school outside the country (territory), and the original and photocopy of the charge notice issued by a school outside the country (territory). Overseas medical treatment: fill in a written application, and with my household registration certificate and ID card, complete a valid entry visa passport to countries and regions, or a Hong Kong and Macao pass or a Hong Kong and Macao pass, a certificate from a local (city)-level hospital, a doctor's opinion, an original and a copy of an overseas hospital's admission certificate and a charge notice. Payment of membership fees for international academic organizations: fill in a written application, and handle it with my household registration certificate and ID card, and the original and photocopy of documents of international academic organizations. Mail-order a small amount of drugs, medical devices and other special foreign exchange from abroad: fill in a written application, and handle it with my household registration certificate and ID card, and the certificate of the local (city) hospital with the original and photocopy of the doctor's prescription. Overseas immediate family members suffer from serious illness, death, sudden disasters and other special circumstances: fill in a written application, and handle it with my household registration certificate and ID card, the valid certificate of overseas notary office or the original and photocopy of the certificate of Chinese embassy or consulate abroad. 3. The remittance amount shall not exceed the standard indicated in the relevant supporting documents provided. Remittance of foreign exchange for current account expenses by domestic individuals abroad shall be handled in accordance with the following provisions: if the accumulated equivalent foreign exchange in the foreign exchange savings account on the date of remittance is less than 50,000 US dollars (inclusive), it shall be handled in the bank with my valid identity document; If it exceeds the above amount, it shall be handled with the authenticity certificate of the transaction amount under the current account. Hand-held foreign currency cash with a cumulative equivalent of less than $654.38 million on the remittance day shall be handled at the bank with my valid identity certificate; If the amount exceeds the above amount, it shall be handled by the authenticity certificate of the transaction amount under the current account, the Declaration Form for Luggage and Articles of Inbound Passengers in People's Republic of China (PRC) and China Customs signed by the customs, or the foreign currency cash withdrawal certificate of my original bank. Foreign exchange remittance of overseas individuals in current account shall be handled in the bank according to the following provisions: foreign exchange remittance of foreign exchange savings account shall be handled with my valid identity certificate. Remittance of foreign currency cash by hand, with the cumulative equivalent of $654.38+$00000 or less on the same day, shall be handled with my valid identity certificate; If the amount exceeds the above amount, I should also provide the Declaration Form for Luggage and Articles of Inbound Passengers in People's Republic of China (PRC) and China Customs signed by the Customs or the foreign currency cash withdrawal document of my original bank.
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