Political situation
Author: Zheng Baosheng
2020-08-08 21:47
Last update date: 2020-08-08 21:57The US Treasury Department yesterday (7th) announced sanctions against 11 Chinese and Hong Kong officials, including Chief Executive Carrie Lam Cheng Yuet-ngor, and Director of the Liaison Office Luo Huining. Luo Huining responded today that he has no assets abroad, saying that the US sanctions are in vain, and even expressed his willingness to send $100 to Trump for freezing.
The general public recognizes that "sending money" is illegal. However, it turns out that money can be mailed under certain circumstances!
Luo Huining emphasized that there is no penny of assets abroad. (Photo/Photo by Ou Jiale)
Major courier companies do not accept cash
During the new crown pneumonia epidemic, some citizens may have thought about mailing money to the elderly who use less banking system or electronic payment, or even to overseas relatives and friends who are more severely affected by the epidemic. In addition to supporting life, they can also avoid physical contact with infectious diseases, and most people first Time will think of express company services.
However, as long as you check the online information of the major express companies, you will find that the express companies will not send money. Taking UPS as an example, it states that cash, credit cards, debit cards and checks will not be sent.
China Post Law states that it is illegal to deliver currency
In fact, some countries expressly stipulate that no currency can be sent by post. Article 33 of the Implementing Rules of the "Postal Law of the People's Republic of China" listed items that are prohibited from being delivered or contained in mail, including "various currencies."
Since many express companies do not accept sending money, the general public has the impression that they cannot send money. However, looking up the Hongkong Post "Postal Guidelines", it turns out that money can be mailed under certain circumstances.
Hong Kong general mail is forbidden to send cash and must be sent by registered or insurance letter
Articles 11 and 12 of Chapter 6.3 of the "Postal Guidelines" specify that coins, gold bars, partially processed silver with a value not exceeding 100 yuan, processed gold or silver, partially processed gold, platinum, gems, jewellery and the same properties Valuables, as well as paper valuables such as banknotes, currency banknotes, various securities payable to bearers, and traveler’s checks are prohibited items.
However, the regulations also state that if the above items are posted in the form of registered mail, or in the form of insurance letters in accordance with the regulations of the destination country, they can be accepted. Items with a value of more than 2,500 yuan can be mailed to the countries covered by the service in the form of insurance letters. If the destination country permits, it can also be posted by registered mail.
The so-called insurance letter refers to the insured mail. According to the Hongkong Post website, for letters or envelopes, for every 500 yuan or less of the declared value, the insurance premium is 2.5 yuan, and the value can be up to 46,000 yuan. The public needs to pay the postage and registration fees together Pay insurance premiums. If you want to post an insurance letter, you must go to the Hong Kong Island General Post Office, the Kowloon Central Post Office or the Tsim Sha Tsui Post Office. The insurance package can be posted at any post office.
Hongkong Post provides an insurance letter service. If permitted by the target country, citizens can use this service to send cash and valuables. (Profile picture)
The United States does not limit the mailing of small amounts of money more than 10,000 US dollars to report
As for whether the U.S. can send currency, according to the "U.S. Currency and Foreign Transaction Reporting Act," if you transport more than $10,000 into and out of the U.S. border, or collect more than $10,000 in cash from overseas, you must report to relevant government departments, that is, Said that there are no restrictions on sending small amounts of cash to and from the country.
In fact, the US Postal Service also allows cash to be sent, but for safety reasons, it is recommended to use the mail money order service. A single transaction can be sent up to 1,000 US dollars and charged according to the postal amount. For example, the fee is 0.01 to 500 US dollars. US$1.25. If customers insist on sending cash, they may face problems such as insufficient insurance compensation if they are lost or damaged.
Therefore, if Luo Huining really wants to send $100 for Trump's sanctions, it will be illegal to send it in the Mainland, but it is safer to send it in the form of an insurance letter in Hong Kong.
US sanctions | Luo Huining refutes the sanctions and wishes to send $100 for Trump to freeze
US sanctions | Zheng Ruohua affected by sanctions, Da'anle Engineering just acquired a US company this year
The U.S. Department of the Treasury sanctions 11 Chinese and Hong Kong officials including Carrie Lam, Ruohua Cheng, and Huining Luo
List of 11 US officials sanctioned by Hong Kong and China fb: The account will be banned from using payment services
U.S. Sanctions | Lam Zheng plans to voluntarily cancel visas to visit the U.S. in fb counterattack
US sanctions | Hong Kong government condemns: Chinese statement is despicable and shameless more than 2 hours later than English version (full text)
Hong Kong version of the national security law Luo Huining Hongkong Post
/cloudfront-eu-central-1.images.arcpublishing.com/prisa/KMEYMJKESBAZBE4MRBAM4TGHIQ.jpg)
