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I am planning to purchase a property in Singapore. Most of my savings (via sales of property in China) are in Bank account in China. how to transfer RMB (about 5M RMB) out of China to buy property in Singapore?
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6 Answers

Hi,
You should talk to your local bank in China with regards to this as all international money transfers are subject to anti-money laundering checks by banks and also the regulatory bodies in Singapore, including all agents who handle sales and rentals of all properties.

So, it is in your best interests to talk to your China bank and then, your local bank here in Singapore so that everything is smoothly done.

I can assist you with the local bank, if you do not have any. I can also assist you with finding the best property for you.
Cheers!

Elan Govan
MABA (Lancaster)
 90170747 
jayelan@gmail.com
www.goodpropertiesguide.com Read More
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Hi Sir/Mdm,

Shifting funds out of China is tricky and you may wish to check directly with the bank in China to see whether they have any tie up with Singapore banks.

Please feel free to contact me if you need any further assistance.

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Nick Tan
(M) +65 9644 4854 
B.Eng(Chemical)(Hons)(NUS)
Cert-in-REA
(E) nick96444854@gmail.com
SEAA Salespersons Achievement Platinum Award 2020/2022/2023
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1
Hi,

I would be most glad to assist you further and pls feel free to let me know if you need any assistance. Have a good day ahead. By the way, basically you just need to clarify it with the local bank.

Regards
Aaron Chong
 9730 8455 
aaronchong2774@yahoo.com.sg Read More
0
Money transfers are subject to strict control, both from the outflow country and into Singapore. You may wish to check on the legislations involved in the transfer. I do understand that some buyers from China are transferring funds on a monthly basis into Singapore due to the restricted amount. Read More
1
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----------------

"If you need more assistance with property matters:

like renting / selling, buying / or investing, I'm here to help!

WhatsApp me at >>9856 9255 or through this link.:https://wa.me/6598569255.

(Unfortunately, this platform doesn't allow direct contact, but you can easily reach me )

You can check out my reviews here: https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.

For buyers, I offer solutions for sourcing resale and new private homes at no charge.

I can connect you with reputable bankers for private housing loans free of charge and with no obligation.

I also have partners to assist with mortgage home insurance matters.

Let's seal this affinity by technology; please PM me your contact for assistance with your real estate needs. So, I believe in Affinity (Chinese word: 缘份) :), let's SEAL this AFFINITY Not by blood but by Technology > Please PM, Private Message your contact so that I CAN BE (EXTRA) PAIR OF HANDS / BRAIN and LEGS to Assist you NOW or FUTURE REAL ESTATE NEEDS!

*** You can reach me at my Singapore mobile: (+65)>>9856 9255>> or email me at Able.selling@gmail.com.

From: ABLE Toh- Your Property ASSISTANT :)

“ i am ABLE to Help As Much As You are ABLE To PM (Private Message) me ”

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1

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