Way to Move Money Out of China, With Least Fees?

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Ivyman

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Way to Move Money Out of China, With Least Fees?
« 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?

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Escaped Lunatic

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Re: Way to Move Money Out of China, With Least Fees?
« Reply #1 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.



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