To transfer money from BOC to a US account, is it directly transferred from BOC or through PBOC?

China is a subordinate unit of the People's Bank of China, ***, under the guidance of the Financial and Economic Committee, maintains close ties with the Ministry of Finance, and the functions given to it by the State Bank undertake the tasks of issuing national currency, managing the treasury, managing the country's finances, stabilizing the financial market, and supporting economic recovery in national reconstruction. Commercial banks.

The People's Bank of China (joint-stock bank) exercises supervision. China.

To put it bluntly, the PBOC's business is generally not aimed at individuals, nor does it accept enterprises and banking regulators from individuals to obtain funds. Chinese.

Bank, is a joint-stock bank.

China, we want the Bank of China and the People's Bank of China to be differentiated, then only from their leadership and relations need to be distinguished. Chinese.

The People's Bank of China is the first bank, so the bank is in the bank! Responsible for the issuance of RMB, monitoring, and supervising commercial banks, and its business scope is basically a non-profit, mainly rediscount of commercial banks!

And the Bank of China, although there is such a difference in the name, but it belongs to the commercial nature of the bank, the People's Bank of China supervises, leads! Bank of China belongs to the nature of commercial banks to make profits!

But their contact is not here! Different state-controlled banks, including the Bank of Communications, the Agricultural Bank of China, the China Construction Bank, the Bank of China and other commercial banks, are financed by the state, and to a certain extent, we can also consider that he is a subsidiary of the people, the Bank of China, on behalf of the Bank of China, to exercise business operations on his behalf!

The Bank of China is directly transferred, and the central bank is responsible for regulation and credit management.

Ordinary people can go directly to the Bank of China to exchange dollars. According to China's latest foreign exchange policy, any Chinese citizen can hold his or her ID card as long as he has a certificate of travel or study.

and RMB cash, to exchange US dollars at any commercial bank branch that has a foreign currency exchange window in various places.

There is no limit or reduction on the amount of foreign exchange facilitation for domestic individuals equivalent to US$50,000 per person per year. As long as it is within the $50,000 limit, citizens can use bank counters and online banking.

Self-service terminals, ** banks and mobile banking.

If the equivalent is more than 50,000 US dollars, as long as there is a real background, you can also go to the bank counter with the transaction voucher.

Prepare your ID card or household registration booklet for redemption.

or other relevant valid documents, without which it is impossible to exchange foreign currencies such as US dollars. At present, each ID card can only be exchanged for a maximum of US$50,000 or other forms of foreign currency per year, and if the amount is exceeded, some special application procedures are required.

Extended information: If there is cash in the bank account, you can withdraw it directly, if not, you need to buy foreign exchange, how to purchase foreign exchange in Bank of China:

1. If you exchange in cash, you must go to the bank counter to handle it, and you need to bring your valid ID card to the counter to fill in the foreign exchange purchase application.

to redeem. 2. If the money is in the card, you can go to the ATM first.

Go to the self-service exchange, and then go to the bank counter to withdraw cash directly.

3. Online banking. Redemption: Log in to online banking and select Investment and Wealth Management.

Click on foreign exchange settlement and sale, select RMB to purchase foreign exchange, and then go to the bank to withdraw cash.

Notes on redemption:

1. If the bank card used is not an exchange bank card, then it is best to prepare cash first.

2. Generally, there is no handling fee for exchanging US dollars in the bank, and the bank mainly makes money by exchanging the price difference.

3. If you transfer or remit money to others after exchange, then a handling fee will be charged.

In response to the fact that ordinary people began to exchange dollars: the inflow and outflow of foreign exchange is normal.

Foreign bank cards can be transferred to domestic bank cards, and transfers can be done in the following ways:

1.Cardholders can apply for overseas transfer service at the counter of the transfer bank to complete the transfer from overseas bank card to domestic bank card.

2.Cardholders can make overseas remittances through online banking. Cardholders need to clearly fill in the ** and destination of the remittance. The money transfer must be legal for it to go through. Remittances are usually completed the next day and are subject to a processing fee.

Extended information: Bank of China to transfer 5,000 US dollars to a U.S. bank card, to charge a telegram fee of 150 yuan, a handling fee of 260 yuan, a total of 410 yuan, less than 1%. However, if you apply through the Japan Post Bank, it only costs 200 yuan.

U.S. bank cards can be transferred to Chinese bank cards, but the precondition is that U.S. bank cards must be used for overseas transfers, and Chinese bank cards must be dual-currency cards, otherwise transfers cannot be made.

The amount cannot exceed $50,000 a year, and the amount of remittance cannot exceed $10,000 at a time.

The People's Bank of China issued the Notice of the People's Bank of China on the Relevant Requirements for Non-bank Payment Institutions to Carry out Large-Value Transaction Reporting, which clearly stipulates that from January 1, 2019, non-bank third-party payment institutions (such as Alipay, WeChat, etc.) must report to the central bank if users are involved in large-value transactions.

According to the requirements of the Notice, non-bank third-party payment institutions must report the following four types of transactions:

1.Cash receipts and disbursements of a single or cumulative transaction of more than RMB 50,000 (including 50,000 yuan) and the equivalent of more than 10,000 US dollars (including 10,000 US dollars) in foreign currencies on the same day.

2.The payment account of a non-natural person customer has a single or cumulative transaction of more than RMB 2 million (including RMB 2 million) and the equivalent of foreign currency of more than USD 200,000 (including USD 200,000) on the same day with other accounts.

3.Domestic fund transfers of more than RMB 500,000 (including RMB 500,000) or foreign currency equivalent of more than USD 100,000 (including USD 100,000) in a single or cumulative transaction between the payment account of a natural person customer and other accounts on the same day.

4.Cross-border fund transfers of more than RMB 200,000 (including RMB 200,000) or foreign currency equivalent of more than US$10,000 (including US$10,000) in a single or cumulative transaction between the payment account of a natural person customer and other bank accounts on the same day.

Yes, ordinary people can go directly to the Bank of China to exchange US dollars, and any Chinese citizen who has a certificate of travel or study abroad can take his ID card and RMB cash to any foreign currency exchange window in various places, and destroy the business outlets of Haoye Bank to exchange US dollars.

OK. As long as you go through the relevant procedures, you can exchange US dollars at the Bank of China.