Raoul's China Saloon (V5.0) Beta

The Bar Room => The Bar (ON-TOPIC) => Topic started by: Ivyman on December 18, 2018, 11:48:21 PM

Title: Way to Move Money Out of China, With Least Fees?
Post by: Ivyman on December 18, 2018, 11:48:21 PM

Hi Everyone,

I just want to send my RMB back to the US.  What is the most efficient way to do this?  I want to minimize fees, etc.

1.  Western Union?

2.  Using my Chinese bank account to transfer back to the US?

Anything else?

Title: Re: Way to Move Money Out of China, With Least Fees?
Post by: Escaped Lunatic on December 19, 2018, 04:21:19 PM

Calach was just lamenting issues with moving cash here:

http://raoulschinasaloon.com/index.php?topic=10061.0


It really comes down to the amount of money.  If it's not too big, the bank should be able to assist with a transfer.  Western Union will also work.  The larger the amount, the more paperwork involved.  Make sure you've got pay receipts or something to that effect.