How to do a good job in the supervision of immigrant funds

Remittance from Hong Kong account or overseas account of myself, relatives and friends.

Since Chinese mainland has foreign exchange control, why don't we just jump out of Chinese mainland? There is generally no foreign exchange control for overseas accounts, and even if there is, the limit is much higher than that of the mainland. However, it should be noted that some anti-money laundering countries have strict requirements on remittance, and remittance can only be sent from customers' own overseas accounts. So please know the requirements of the remittance country before remittance.

Beware of changing careers

Many customers only know how to find remittance banks to remit money, but ignore the factor of job-hopping. Because some banks have no direct contact with foreign banks, they need to transfer their money to Chinese banks first and then to foreign banks. Because there is a procedure in the middle, the handling fee for transfer is bound to be higher. Therefore, before remittance, please confirm with the remittance bank in advance whether it is necessary to transfer money.

Don't put eggs in one basket.

For customers who don't have Hong Kong accounts or overseas accounts, they can only ask relatives and friends to help them exchange money and remit money from domestic banks, each of which is about 30,000 euros. If you use this method, you must be careful not to remit money from only one bank, which is easy to be supervised by SAFE. I suggest you change banks to handle remittance.