Maxxelli
11/17/2023, 9:56:32 AM

Wiring Money Abroad

Monst

Lucy Tao

Content Manager

After concluding your work in China, or even during your work period,  you might need to transfer the money you earned  to a foreign country? Simply provide the following documents, and you can transfer the funds to the country of your choice through the bank:
 
The process is straightforward:
  • Prepare all necessary documents.
  • Visit the bank counter in person. Please note that this transaction requires personal handling.
  • The funds will be transferred to your overseas account within 1-5 working days.
Required Documents:
·         Original Passport
·         Valid Visa (within the validity period) and Work Permit. 
·         Ensure all original documents are provided and taken to the bank for the transfer.
 
Company or Employer Documentation:
·         Tax List
·         Monthly Salary List
·         Work Contract
·         Work Permit
·         All documents must be in their original version
·         Material from Employee's Overseas Account:
·         For this section, you are also required to fill in all the information at the bank, and the bank will provide a form during the transaction.
 
Your overseas account information:
·         Full Name
·         Overseas Address
·         Bank Name
·         Bank Address
·         Bank Account Information
·         Swift Code

Here are a few common phrases in Chinese that will help:
- 转外汇 Foreign Currency Exchange 
- 转账 Transfer 
- 外汇转账 Foreign Exchange Currency Transfer

If you have all the documentation required, you are able to wire money abroad as an expat.  Once you are at the bank, there will be a lot of questions and paperwork.  Once the process is completed the first time, it will become easier in the future, but be sure to patient.  If you need support, do not hesitate to reach out to your Maxxelli Consultant.
Monst
Lucy Tao

Content Manager

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