Hi there
anybody knows how I can remit my monthly salary back home? My salary is paid in RMB and the banks need a monthly tax bill from me before they allow me to convert it to Singapore $ to remit. My company only provides once a year tax statement.
Regards
Andrew
Monthly Remittance of Salary
9
frendyhoras
25 November 2012 14:45:57
0
had better you visit to BOC to get suggestion
1073
Are you sure they need a tax bill?
Often it is enough if the bank see a copy of your employment contract and a payment slip from the company.
The easiest is if the company transfer the money into your Chinese bank account and writes the word "salary" as the reason for the transfer.
However, like many things in China the regulations are at open to the understanding of a specific individual and thus might differ somewhat from bank to bank and teller to teller.
Best to ask your bank to confirm that if your employer does indeed transfer the to your account on a regular basis with the word salary if that will be sufficient evidence for them.
Subscribe to this topic
Articles to help you in your expat project in Beijing
Finding work in China
China continues to be an attractive destination for new and experienced professionals from around the world ...
Working in Jinan
Jinan is the capital of China's Shandong province. It's one of the most beautiful cities in China, known ...
Setting up a business in China
As the world's second economy, China attracts a lot of entrepreneurs and investors. However, running a business in ...
Finding work in Shanghai
Shanghai frequently tops the list of the most desirable destinations for expats in China — in no small part ...
Finding work in Shenzhen
Shenzhen is known as the “Silicon Valley of hardware” in China — it's the city where a lot ...
Finding work in Beijing
Beijing is the capital of China, and as the country's major city, it offers a wide range of opportunities for ...
Open a bank account that suits you
Discover the best international banks to manage your money securely.
"