Can an individual remit money directly to a foreign personal account?

The remittance of foreign exchange by domestic residents must be personal and non-operational, such as studying abroad, traveling and visiting relatives. A single amount of less than 50,000 USD (inclusive) can be operated through pocket banking (except cash). If it exceeds $50,000, please bring your ID card and provide real proof to the counter. Whether it can be transferred out is subject to the counter audit results. Scope of non-handling: such as overseas investment, stock purchase, house purchase, loan donation, etc. , are not allowed, and immigration must be approved by the foreign affairs management office.

Tips: The above information is for reference only.

Reply time: 2022-0 1- 10. Please refer to the latest business changes announced by Ping An Bank in official website.