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It ought to be famous, though, that foreign nationals can transfer any amount under or equal to the equal of US$500 as soon as per day without providing proof that the cash was legitimately earned or that taxes have been paid on it. Chinese nationals are able to switch the equivalent of US$2,000 per day into a overseas checking account, however Chinese language nationals face a US$50,000 annual ceiling when exchanging RMB into foreign currency whereas foreign nationals don’t face such restrictions.