How much cash can you leave China with?
Travelers are allowed to take up to US$5000 equivalent of foreign currency or 20 000 RMB of local currency in cash in or out of the country. This applies to both foreigners and Chinese nationals. If the amount does not exceed this limit, one will not be required to declare this to customs.
The Circular, effective January 1, 2018, provides that an individual may withdraw no more than RMB100,000 (about US$15,530) annually from outside of mainland China. Individuals exceeding the quota will be banned from withdrawing cash for the rest of the year as well as for the following year.
It's important to note that due to currency restrictions in China, there are fairly low daily transfer limits for foreigners. Non-Chinese citizens can transfer a maximum of 500 USD per day. Chinese citizens can however transfer up to 50,000 USD per year.
- Your passport.
- Your work permit.
- Your employment contract.
- Your pay-slips.
- Your Tax Identification Number (provided by your company)
International travelers entering the United States must declare if they are carrying currency or monetary instruments in a combined amount over $10,000 on their Customs Declaration Form (CBP Form 6059B) and then file a FinCEN Form 105.
Under Chinese law, it is illegal to bring printed religious material into the country if it exceeds the amount for personal use. The group distributes the Bibles through a local shop owner in Kunming, according to Klein.
Every country limits how much you can carry and China's regulations limit you to 10,000 RMB or the equivalent of US$5,000).
But in fact, foreigners can transfer large amounts of cash internationally through a bank as long as they prove that they earned it legally. There may still be a charge, but it is usually a small, flat fee.
2. Overseas remittance: customers can remit the funds in current account to an overseas account, including: general remittance (remittance directly from a current account of EUR or another currency) and RMB advance settlement of foreign exchange remittance.
SAFE is the administrative agency responsible for managing foreign exchange activities in China, setting relevant regulations, and administering China's foreign exchange reserves. SAFE's approval or record-filing is required for a range of transactions involving inbound and outbound forex payments.
Can I fly with 20k cash?
No, you can bring any amount of money to the airport. It is not illegal to fly with a large amount of cash on a flight. However, if you are traveling on an international flight and have more than $10,000 in your possession, then you must disclose the amount of U.S. Currency in your possession on a FinCEN 105 form.
What happens if you don't declare at customs? Failure to declare monetary instruments in amounts valued more than $10,000 can result in its seizure. If you are caught crossing the border with any amount of undeclared cash in excess of $10,000 USD you will almost certainly have it seized from you.
If it is in cash, however, you'll have to declare it if it's over 10,000 euros (or the equivalent in your local currency) when entering or exiting an EU member state from outside of the EU. If you're travelling to a European country that isn't a member of the EU, check the local rules.
The state recognizes five religions: Buddhism, Catholicism, Daoism, Islam, and Protestantism. The practice of any other faith is formally prohibited, although often tolerated, especially in the case of traditional Chinese beliefs.
Prohibited for bringing into China:
Poisonous drugs, habit-forming drugs, opium, morphine, heroin, etc. Animals, plants and products thereof infected with or carrying germs and insects. Unsanitary foodstuffs and germ-carrying foodstuffs from infected areas.
- Weapons, simulated weapons, ammunition and explosives.
- Forged currency or securities.
- Printed matter, films, photos, movies, audiotapes, videotapes, CDs, DVDs, computer storage devices and other things that could do harm to China's politics, economy, culture and morality.
- Poison and addictive drugs.
Whichever way you choose to send money to China – your transfer is encrypted with Western Union. Enjoy peace of mind that your money is protected. For 150 years, we've helped people send money around the world to support friends and family overseas. Millions benefit from our money transfer tools.
Is Paypal Available in China? Yes, in Jan 2021, PayPal finished its acquisition of a Chinese licensed payment company called GoPay. PayPal is the first foreign payment company with a domestic payment license and 100% ownership of China's payment platform.
DHL eCommerce – this tracked mail service is the cheapest way to ship to China from the US. Drop off your parcel at your local USPS Post Office for delivery to China in 11 to 22 business days. EMS Parcel Post - tracked mail to China in 7-16 business days. Drop off your parcel at your nearest FedEx drop-off location.
Travelers are allowed to take up to US$5000 equivalent of foreign currency or 20 000 RMB of local currency in cash in or out of the country. This applies to both foreigners and Chinese nationals. If the amount does not exceed this limit, one will not be required to declare this to customs.
Can you take gold out of China?
A passenger entering China is allowed to carry a reasonable amount of gold, silver and articles made of them for personal use. Those who carry more than 50 grams should declare with the Customs for relevant formalities, and take them out of China on their return journeys.
- Via bank to bank transfer.
- Through Western Union or Moneygram.
- PayPal and other payment options.
- Use Alipay international transfer.
2. Overseas remittance: customers can remit the funds in current account to an overseas account, including: general remittance (remittance directly from a current account of EUR or another currency) and RMB advance settlement of foreign exchange remittance.
