easiest way to transfer a lot of money to uk- eChinacities Answers

Welcome to eChinacities Answers! Please or register if you wish to join conversations or ask questions relating to life in China. For help, click here.

[ Latest Answers ] [ Latest Questions ] [ Most Answered ] [ Need Answers ]

Verify email

Your verification code has been sent to:

Didn`t receive your code? Resend code

By continuing you agree to eChinacities's Privacy Policy .

richardnjones

Posts: 3

Governor

Q: easiest way to transfer a lot of money to uk

I'm about to sell my house in Shanghai into RMB - as this will be a lot of cash has anyone done anything similar and then transferred the money back to the UK, or another country?

Thanks,

Richard

12 years 35 weeks ago in Money & Banking - China

Report Abuse Email this post

Answers (2)

Comments (0)

Alex66

Posts: 415

Shifu

Add Comment

The most you can wire in one day is $500 USD, you have to convert it to pounds (in your case), and then you can transfer it. The most currency you can get in one day is $5000 USD.

If you have a Merchants Bank card (my case) I can use it in Australia at ATMs, as it is a Union Pay linked card. This might be the best way
I
There is no easy answer as it is very hard to get a lot of money out of China. Even if you have your currency in cash when you leave, you are restricted by how much you can take out of China and how much you can take into Britain.
Anyway you look at it it will cost you, whatever you do don't do something illegal as you may loose the money and or get put in goal.
You might be better to see a lawyer or someone who can help you with the Legalities!

Report Abuse

12 years 35 weeks ago

Alex66

Posts: 415

Shifu

Add Comment

It doesn't matter what you try to do, you have to do the paperwork, supply your passport or Id. Just be carefull taking advice for your adventure. Most countries like your money to stop within, not be taken out!

Report Abuse

12 years 34 weeks ago

Know the answer ?

Please or register to post answer.

Answer of the DayMORE >>

Q: Sounds like you employer does not want t...

A: I had a similar experience in HK. If I recall correctly, before or at

A:I had a similar experience in HK. If I recall correctly, before or at the Z visa application, I had to submit ME from the ordinary HK clinic, where I explained why I need ME and I asked them to examine only necessary things (I don't remember the cost ...), and then ... I got Z stamp and when back in China, I had to complete another RP ME, which was on the employer, i.e. included in the Contract ...We've never discussed refund of payment for HK ME with my employer. Year 2013 ...I'd say, that is a regular thingy embassies around the world require, before issuing visas for LT stay in the country. "Vladimir Vladimiro-Witch ras-Putin" (LOL@your pronunciation ..) demands the same thingy before granting LT stay in Ruski. ... Haa, 2013 was the Snowden's year. I was in Kowloon at the time of his landing .. with all these files ... I'm-Still-in-LMAO-State ... Cost for the ME in HK was around HK$ 2000/200 EUR, and ME was kind of swift, quicker and way shorter than on the mainland ... -- icnif77