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Chinese residents can send up to $ 50,000 per transaction overseas by
presenting their Chinese Identification Card. Bringing RMB with you to the
bank is more economic than bringing US$. The bank will exchange the currency
according to daily exchange rate. Note that the bank will charge an extra
service fee if you bring US$.
If you have a Bank of America account, maybe it's a good idea to use "China
construction bank", as they've established partnership with BOA and offer a
discount on wire |
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