Cross-border transfer of insurance interests: knowledge points you must know.

Can overseas beneficiaries transfer death insurance money to overseas accounts? According to the Interim Measures for the Administration of Foreign Transfer, Sale and Payment of Personal Property issued by the People's Bank of China, immigrants can realize their legal property in China before obtaining immigration status, and overseas heirs can realize their legally inherited domestic heritage, purchase foreign exchange through designated foreign exchange banks, and apply to the local foreign exchange administration department for one-time remittance. Therefore, as long as it is legally acquired in China before emigration, or the overseas heirs inherit the domestic heritage according to law, they can apply for remittance abroad at one time.

? Because insurance money is not an inheritance in China, the transfer of insurance money belongs to "the transfer of immigrant property". Although the death insurance money was obtained after the child immigrated, the insurance contract was established before the immigration. As the beneficiary, the child has the right to claim the insurance money.

Foreign exchange violations will make your "white money" black.

News stories

The foreign exchange bureau cracked down on underground banks and illegal foreign exchange transactions.

The State Administration of Foreign Exchange held a video conference on foreign exchange management in the second half of 20 18 on August 2. The meeting pointed out that in the second half of the year, we will focus on preventing and resolving major risks in foreign-related fields, preventing the risks of cross-border capital flows, establishing and improving the "macro-prudential+micro-supervision" two-in-one management framework for cross-border capital flows, and severely cracking down on false and deceptive transactions, underground banks, illegal foreign exchange trading platforms and other foreign exchange illegal and criminal activities, maintaining a good foreign exchange market order and safeguarding national economic and financial security.