I. Interim Measures for the Entry Administration of Foreign Currency Cash in China City
In order to facilitate the foreign exchange of entry-exit personnel and standardize the entry-exit behavior of carrying foreign currency cash, these Measures are formulated in accordance with the Customs Law of People's Republic of China (PRC) and the Regulations of People's Republic of China (PRC) on Foreign Exchange Management.
? Foreign currency? Refers to the freely convertible currency in which banks in China exchange foreign exchange; ? Cash? Refers to foreign currency notes and coins; ? The bank? Refers to Chinese-funded banks and branches and foreign-funded banks and branches that have been approved or filed by the People's Bank of China to engage in foreign exchange settlement and sale business or foreign currency exchange and foreign currency savings business; ? Entry and exit personnel? Refers to resident individuals and non-resident individuals who leave or enter the country; ? Multiple round trips on the same day? Refers to leaving or entering the country more than once in a day; ? Multiple round trips in a short time? Refers to leaving or entering the country more than once in 15 days.
Entry personnel who bring foreign currency cash into the country in excess of the equivalent of US$ 5,000 shall make a written declaration to the customs, except for those who enter the country many times on the same day and within a short period of time. Therefore, if you bring back more than $5,000 from the United States, you should declare it in writing to the customs.
Two. Interim Measures of the United States for the Administration of Carrying Foreign Currency Cash Out of the Country
The U.S. government has no restrictions on the amount of cash that can be brought in and out of the United States. However, passengers carrying more than 1000 yuan or equivalent foreign currency must declare truthfully when entering or leaving the country. Relevant units said that this move aims to grasp the circulation of cash.
What is the most cost-effective way to bring back dollars from America?
It's most cost-effective to send a check in dollars from America. Send it two or three months in advance, and the handling fee is cheap. If you still have a bank account in China, you can directly remit the money to your own account, which is cheaper to use in China Bank in the United States. Besides, most Americans use traveler's checks. In America, you don't have to pay for this check, but you don't know what price to exchange it for you when you return home. If you don't have an account in China, I suggest using this, which is safe and convenient. It is safer and more convenient than ATM.
The above is a comprehensive introduction to the question of how much money you can bring back to China when you go to the United States, hoping to help the applicants.