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Q: Western Union in China - sending RMB - anyone had this problem or any advice?
hi.
I recently wanted to send some cash using Western Union, not a lot of money just a couple thousand RMB about 275 dollars. Using official WU agents, first of all I tried a bank and was told I needed to open a bank account to do it. On the form to do this, I was expected to provide some kind of tax number that I have never heard of. But main thing is opening a bank account just to send money using Western Union? I think this is highly dubious and bullshit.
Then I try the Postal Bank of China, also a WU agent, which I have used before to send money using WU only this time they would not allow me unless I could prove where I got the money from!
Has anyone used Western Union in China lately to send cash? If so my related question is do you think the above that I have been told is bullshit? Anti-foreigner excuse mode? If you have any helfpul advice on how to send money in China using Western Union I would like to read it. Surely it has not now got to the point where to do these kinds of things foreigners now have to 'prove' where they got the cash from?!
If this is the case then this country is more backwards than I thought it already was.
hope to get some info here, thanks.
6 years 1 day ago in Money & Banking - Shanghai
The crack down on captital leaving is everywhere. If you can't prove your working legally in China with taxes paid, then you can't send the money. Smaller cities where you know somebody can still get it done or a Chinese friend that you trust, very hard thing to find, can send the money for you.
Having it sent under another name is better so the tax authorities in another country want think you are a tax dodger or a terrorist. This is the world we live in now. At schools I know now the Chinese assistant sends the money by wire, costs 200rmb, under their name to the foreign teachers bank account ccb/bank of america link.
The crack down on captital leaving is everywhere. If you can't prove your working legally in China with taxes paid, then you can't send the money. Smaller cities where you know somebody can still get it done or a Chinese friend that you trust, very hard thing to find, can send the money for you.
Having it sent under another name is better so the tax authorities in another country want think you are a tax dodger or a terrorist. This is the world we live in now. At schools I know now the Chinese assistant sends the money by wire, costs 200rmb, under their name to the foreign teachers bank account ccb/bank of america link.