How to remit large overseas remittances abroad?

China Merchants Bank card can be divided into domestic individuals and overseas individuals if it deals in overseas remittance.

Domestic individuals: when the remitter is a domestic individual, the overseas payee is limited to individuals, schools, charities, travel agencies, etc. , and cannot be a trading company or a securities company; Single and daily cumulative limit is equivalent to $50,000; Please remit money in cash. If you use cash, you should pay attention to the local remittance fee. In addition to our fees, overseas intermediary banks and receiving banks may charge extra fees, and the money may not be received in full.

After logging in to mobile banking, click "My → All → Cross-border Finance → Overseas Remittance" at the bottom of the interface. Online Banking: Select Foreign Exchange Management-Overseas Remittance-Cross-border Remittance for remittance.

Overseas individual: when the remitter is an overseas individual, the overseas payee can be an individual or a company account.

After logging in to mobile banking, click "My → All → Cross-border Finance → Overseas Remittance" at the bottom of the interface. Online Banking: Select Foreign Exchange Management-Overseas Remittance-Cross-border Remittance for remittance.