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Q: How to send money back home through Chinese banks?
I want to send some money back home through bank (for some legal stuffs), what are the documents I need to prepare and where do I need to go to prepare them?
I found out I need to make few docs like tax invoice or sth like that and some other stuffs from my company but I don't know exactly what kind of doc! so if any of you guys have done this before can you guys tell me what do i need and where can i make them?
thanks a bunch in advance 
8 years 24 weeks ago in Money & Banking - Beijing
Enter Chinese bank of your choice, and ask them same Q. You'll get first hand A.
You can find at least one employee at almost every bank in China with passable English.
My favorite bank is China Merchants Bank, which will grant you an account & ATM card with Visa/Mc logo for 1000 Rmb deposit.
Write 'laowai friendly bank' in search above for more on CMB.
Enter Chinese bank of your choice, and ask them same Q. You'll get first hand A.
You can find at least one employee at almost every bank in China with passable English.
My favorite bank is China Merchants Bank, which will grant you an account & ATM card with Visa/Mc logo for 1000 Rmb deposit.
Write 'laowai friendly bank' in search above for more on CMB.
In the world outside of China it is straightforward to transfer personal money from one bank account in one country to a bank account in another country if you have the account numbers of both as well identification and proof of address.
In China is it different.
It can depend on what bank you have your account in China and the country you want to transfer to.
The Chinese bank might tell you that it 'does not recognise your country' and make it impossible for you to do this.
Check before-hand that you bank in China will do this - bring a trusted local friend if you can not speak Chinese sufficiently.
I only brought my passport and tax compliance information with me (i was told that was all i would need), only to be told that my home country 'did not exist'.
Your bank can also tell you what if you need to bring anything else.
I just transfered 50000 euro online - no big deal just have to tell them a reason otherwise it will be blacklisted. The reasons you can choose are stupid anyways i just took housing fund. 2 Days later they called and ask what is the reason. Anyways i transfered with ICBC, you just need your IBAN and BIC and you can just do all by urself online, no papers etc needed
I also transfered 5000 USD some weeks ago via online banking . i just need the receivers acct number and the swift code that's all.. in the next 4-5 days the receiver got the cash.. but you have to tell them what the cash will be used for otherwise you gonna get blacklisted. and wait for nearly 3 weeks before the receiver can get the cash... the first time i tried to transfer online i didn't tell them what the money will be used for, it lasted for 3 weeks before my bank account was credited ...... I USED ICBC
Please do not give out answers to questions like this. If you want to be able to move money out of this country, be smart. and keep your mouth shut on public forums.
I use Western Union. It is a bit more difficult. I found a Western Union near my parents home in the USA. And, I found a Western Union in my town in China. Many Postal Banks in China have Western Union. You can find the locations on the Western Union websites. I pay a small fee. But, it is nothing more than a bank fee. Once I transfer the fee, I email my parents with the acceptance code the bank gives me. My parents go to their Western Union locations, present their ID and the acceptance code, and they leave with the cash in hand. The first time you transfer, it will take about an hour for all the paperwork at the China WU locations to finish. But, after you have all the paperwork done, the next time should take less than 30 minutes. Just take all the papers fromt he first time with you so they can copy the information.
