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Outbound Transfer

Outbound Transfer

 

Qualified Overseas Institutional Investor according to PBOC Public Notice No. 3 [2016]

For foreign institutional investors, the proportion of aggregate repatriation capital to RMB capital shall be consistent with that of aggregate inbound remittance to RMB capital and it can rise and fall within 10% range. The proportion can be alternative for the amount of first repatriation, however, outbound foreign exchange remittance or RMB capital shall not exceed 110% of aggregate inbound FX remittance or RMB capital.

 

Circular of the People’s Bank of China and the State Administration of Foreign Exchange on the Management of CIBM Investment by Foreign Investors  2016/09/05  CH

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