Photo: [Mrwabu’s photostream
During a routine trip to Bank of China to send money back to the fatherland, we discovered that the former ceiling on funds that can be sent in one day – $500, without exhaustive documentation from one’s employer – has been raised in conjunction with Expo. Customers can now send up to $1,500 per day to foreign bank accounts. As was the case before, an administrative commission of RMB 200 applies, though as much as $10,000 can be sent (over a period of several days, naturally) before a second fee is applied. At this time, it’s unknown as to whether these changes will expire once the Expo ends, but we plan on transferring as much dough as possible prior to November 1, just in case.