How to take money abroad?

If it is a short-term trip abroad, business trip, etc. A small amount of daily living expenses can be carried with you; If you need a lot of money to study abroad, immigrate, etc. You should transfer money through the bank.

Carrying funds abroad should be carried out through normal and reliable channels. Under the current policy of our country, remittance through several major domestic banks is the most reliable. It not only conforms to the national foreign exchange management system, but also ensures the flow of funds to the maximum extent.

First determine the city where you want to study or immigrate, such as Sydney, Australia, and then open an account in a bank with a branch in Sydney. At present, many foreign banks have branches in Sydney (it is best to choose Australian banks, and you can ask the local administrative department for help in case of accidents). They all have branches in China, and they can open personal accounts by going to their offices with the approval materials for studying abroad or emigrating. With this account, you can easily exchange Australian dollars from the domestic bank where RMB is deposited and wire it directly to this new account. It usually takes only three working days to get the account.

At present, the country's exchange limit is: each person can exchange foreign currency equivalent to $50,000 per year. If you have specific needs, such as immigration and studying abroad, you can also apply for additional permits.

Through the bank, it is not only in accordance with the provisions of the state to avoid criminal suspects (such as cross-border money laundering), but also to ensure the safety of the capital transfer process. Because deposit interest is also taxable, through the control and withholding of banks, it also helps depositors who don't know enough about the financial system and tax system of the two countries to prevent the problem of inadvertently forgetting to pay taxes and breaking the law.

In the process of going abroad, you must avoid carrying a lot of cash with you. On the one hand, carrying a large amount of cash across the border will bring unnecessary danger to yourself, on the other hand, it will also bring certain impact to the financial order of China and Australia. Therefore, whether you leave the country or enter Australia, you must declare the amount of cash you carry. Those exceeding the prescribed amount will be banned or even punished. Just carrying the necessary amount of cash, combined with the use of credit cards and the above bank accounts, can make the flow of funds safer and more convenient to use.