Transferring cash out of China https://www.gokunming.com/en/forums/thread/15322/transferring-cash-out-of-china Transferring cash out of China - GoKunming Forum Sat, 21 Sep 2019 17:19:43 +0800 Transferring cash out of China - Post by Charles Taylor https://www.gokunming.com/en/forums/thread/15322/transferring-cash-out-of-china?page=14#post-103976 Hi there,

Was just wondering what people find is the best and most efficient way to get cash money into a German or English bank account?

Is PayPal working still? I have a friend that…
Fri, 15 Feb 2019 14:21:01 +0800 https://www.gokunming.com/en/forums/thread/15322/transferring-cash-out-of-china?page=14#post-103976
Transferring cash out of China - Post by michael2015 https://www.gokunming.com/en/forums/thread/15322/transferring-cash-out-of-china?page=14#post-103979 Paypal works but is only economical up to about USD 10k - then it's a wash regarding the bank fees vs Paypal's fees.

To transfer OUT of China, you need to sign up for Paypal…
Fri, 15 Feb 2019 16:38:33 +0800 https://www.gokunming.com/en/forums/thread/15322/transferring-cash-out-of-china?page=14#post-103979
Transferring cash out of China - Post by cloudtrapezer https://www.gokunming.com/en/forums/thread/15322/transferring-cash-out-of-china?page=14#post-103980 Surely to change RMB into a foreign currency and transfer it out of China you have to show quite a lot of paperwork e.g payslips tax certificates or similar? I did this through HSBC… Fri, 15 Feb 2019 18:15:16 +0800 https://www.gokunming.com/en/forums/thread/15322/transferring-cash-out-of-china?page=14#post-103980 Transferring cash out of China - Post by tigertiger https://www.gokunming.com/en/forums/thread/15322/transferring-cash-out-of-china?page=14#post-103981 Something to be aware of is that foreign banks in China are very heavily regulated. Much more regulated than local banks.
It might be worth Checking what the Hang Seng bank can offer. They are…
Fri, 15 Feb 2019 18:26:13 +0800 https://www.gokunming.com/en/forums/thread/15322/transferring-cash-out-of-china?page=14#post-103981
Transferring cash out of China - Post by Ocean https://www.gokunming.com/en/forums/thread/15322/transferring-cash-out-of-china?page=14#post-103988 @cloudtrapezer
Chinese citizens have less paperwork and higher limits for transferring money abroad than foreigners do, So if you know someone you trust....…
Fri, 15 Feb 2019 21:29:03 +0800 https://www.gokunming.com/en/forums/thread/15322/transferring-cash-out-of-china?page=14#post-103988
Transferring cash out of China - Post by herenow https://www.gokunming.com/en/forums/thread/15322/transferring-cash-out-of-china?page=14#post-103989 Paypal is notorious for freezing funds indefinitely if something about a particular account or transaction strikes them (or is flagged by one of their algorithms) as suspicious. Some people have had to file lawsuits or… Fri, 15 Feb 2019 21:53:23 +0800 https://www.gokunming.com/en/forums/thread/15322/transferring-cash-out-of-china?page=14#post-103989 Transferring cash out of China - Post by Xiefei https://www.gokunming.com/en/forums/thread/15322/transferring-cash-out-of-china?page=14#post-103990 Your Chinese bank account can handle wire transfers to any international bank account, but you need to provide the documentation. As a foreigner, you need to show proof that the money was legally earned and… Fri, 15 Feb 2019 22:42:49 +0800 https://www.gokunming.com/en/forums/thread/15322/transferring-cash-out-of-china?page=14#post-103990 Transferring cash out of China - Post by herenow https://www.gokunming.com/en/forums/thread/15322/transferring-cash-out-of-china?page=14#post-103993 Documentation of income is only needed for wire transfers after you pass certain thresholds. I believe the threshold for the number of transfers is six over the course of a year, but I'm not certain… Sat, 16 Feb 2019 10:59:08 +0800 https://www.gokunming.com/en/forums/thread/15322/transferring-cash-out-of-china?page=14#post-103993 Transferring cash out of China - Post by Dufu08 https://www.gokunming.com/en/forums/thread/15322/transferring-cash-out-of-china?page=14#post-103995 Hi Charles. If you have RMB here and need USD or Euros somewhere else then pm me.… Sat, 16 Feb 2019 13:03:57 +0800 https://www.gokunming.com/en/forums/thread/15322/transferring-cash-out-of-china?page=14#post-103995 Transferring cash out of China - Post by ricsnap https://www.gokunming.com/en/forums/thread/15322/transferring-cash-out-of-china?page=14#post-104004 You come just about one and half year late to the party. Before you could transfer any sum by blockchain and most likely earn money on top of ludricous fees, during that 20 minutes or… Sun, 17 Feb 2019 06:04:31 +0800 https://www.gokunming.com/en/forums/thread/15322/transferring-cash-out-of-china?page=14#post-104004