What is the best way for my wife to transfer her money from her Bank in China to her UK account?


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She has a large ammount in Chinese Yuan RMB in her Bank in China and wants to transfer it to the UK in Pounds Stirling.


Banks in South China, ME



Answer (3):

 
sinovantage

I am in China and most of the previous answers do not take into account the local laws. If she got this money as a salary earned legally in China, she can ask for her accountant to help to fill the necessary forms in order to get the RMB exchanged to Pounds first, then she will be able to transfer it.
Otherwise, she will need to have the RMB changed to foreign currency in the black market before being able to transfer it to the UK.
Finally, if she travels to Hong Kong or other south asian countries, she can make an ATM withrawal in local currency (for instance Hong Kong dollars), who can then be converted in Pounds. But charges applies and you are limited in the amount you can withdraw each time and daily.
I believe sure it will be possible to withdraw directly in the UK using Chinese issued ATM cards, but the same limits and costs for Hong Kong applies.
Hope it helps.
Patrick
www.sinotrip.biz

 
Hank

There is an international company called E-Gold. They deal in large amounts in all currencies. Discrete and secure.

Here is a link:

http://www.e-gold.com/e-gold.asp?cid=376...

 
sam_indiakasuperstar

use western union
this will transfer ur currency to her and she will also get the money

 

Relevant answer in South China, ME