My friend encountered an unprecedented crisis during the withdrawal!!!

Not only is the withdrawal account inexplicably frozen, but also involves huge legal disputes, facing fines of hundreds of thousands and years of imprisonment.

Have you encountered such a problem? Is it that the wealth accumulated over the years is about to vanish? Are you ready to face the possible sudden misfortunes?

I have compiled a comprehensive withdrawal tutorial, which minimizes withdrawal risks. You can say that there is no other tutorial on the entire internet as comprehensive as this, allowing you to directly secure your funds. So make sure to like, follow, and save it in case you can't find it later. Treasure it!!

You need to understand - the first step in overseas withdrawals is to solve the global payment problem, so you need an account to receive payments from global users!

Step one

You can find an agent on Taobao, pay 2K RMB, and in 2 weeks, register a company in the United States or the United Kingdom.

As a legitimate global payment channel, a reasonable overseas entity is needed. There are many ways to open an overseas entity. If you are overseas, it will be relatively convenient to operate. If you are within the country, you can use the Taobao agency registration plan, or choose to register through an agency website.

The agency website requires you to create an account, scan your passport, and complete the entire process on the website, after which you will receive email verification of the information. The registration fee is a few dozen dollars, taking about a week.

Step two

Many verifications require an overseas phone number, so you need to apply for an overseas SIM card, which can normally receive SMS verification in the country. Search on Taobao to buy a UK SIM card, after it is mailed to your home, go to the official website to activate it. You can buy the lowest package, which is about £6 per month. After activation, you can receive SMS verifications for various global products within the country. You see, this little information gap is something the entire internet won't tell you.

Step three

After successfully registering a company in the UK, you will receive the registration information of the UK company via email, including the principal name, principal business number, principal address, and other information. With this information, apply to open a UK bank account on Wise.

Note: If Wise restricts opening accounts for UK companies, you can use Wanlihui as an alternative. Wanlihui is a product under Alibaba, and the account opening is relatively easier.

For example, you can choose to open a US dollar account, a British pound account, and a Euro account for foreign currency receipts.

Step four

After successfully opening a corporate account, you can apply for a third-party payment platform merchant, with Stripe being the first choice.

To create a merchant on Stripe, you need to fill in the basic information of the company, including the legal person's name, address, business description, and other information.

A Stripe account can open multiple receiving merchants, using the same principal information. If your business has multiple product lines, you can create multiple Stripe merchants to connect each product to a Stripe merchant, reducing the risk of putting all your eggs in one basket.

With the premise of having a company entity and a corporate account, creating a Stripe merchant can generally be approved quickly. You may be required to upload proof of address documents, just use the company's registered address.

Of course, in addition to Stripe, there are other third-party payment platforms that can be alternatives, and you can open a few more for emergencies!

Step five

After using the third-party payment platform for a while, there will be a certain accumulation of funds in your third-party payment merchant account.

You can choose to withdraw funds to your overseas bank account, generally needing to choose the currency for withdrawal, set it to withdraw automatically by time or amount, or withdraw manually.

And all these operations, the funds exist reasonably and legally in your overseas account. If you do not have plans to launder money, how should you spend?

We have gone through the complete process of global payments, and next we can consider how to spend these funds.

There are many ways to spend, and the most common consumption options include: using funds from the overseas corporate bank account to buy goods and services; Wise not only supports opening corporate accounts but also personal accounts. The corporate Wise account can issue multiple physical or digital cards for the legal person or team.

The digital card can be directly linked to Apple Wallet for consumption or online payment for website service products, such as subscriptions for ChatGPT and Claude.

Final step

How to transfer money from an overseas corporate account to an overseas personal account for consumption abroad; if you are preparing to travel abroad, you may want to transfer money from an overseas corporate account to a personal bank card for direct offline consumption abroad.

Applying for ZA Bank is relatively simple. If you are in Hong Kong, connect to the Hong Kong Wi-Fi, download the ZA Bank App, and apply online to quickly open a personal bank account.

Apply for a physical card in the App, and you can receive it within about three days in the country.

Some friends will go to Hong Kong to open a HSBC bank account. It is proven effective to directly go to the VIP lounge to apply for the Premier card.

The money from the overseas corporate account is transferred to the overseas personal account, bound to WeChat Pay, for consumption within the country, because people within the country prefer WeChat and Alipay payments.

If you are used to using WeChat Pay, you can search for 'Hong Kong Wallet Opening' in the WeChat search box, enter the self-service opening page, select 'Bind a bank account issued in Hong Kong', and bind the BOC Hong Kong card you opened above to activate the Hong Kong wallet.

The Hong Kong wallet binds to ZA Bank, requiring verification of a Hong Kong ID. If we do not have a Hong Kong ID, we can only bind the BOC Hong Kong card and then transfer the money from ZA Bank to the BOC Hong Kong card to spend through the Hong Kong wallet in WeChat.

Money from the overseas corporate account is transferred to the overseas personal account, then to the domestic personal account, for domestic consumption; some may want to use the domestic bank card to pay the mortgage, wanting to transfer money from the overseas personal account to the domestic bank card.

This plan has a function called 'BOC Quick Remittance' in the BOC Hong Kong App, which can transfer money to domestic bank cards. There is also a function called 'Easy Account Opening' that supports remittances to the same name account of Bank of China in Guangdong Province.

If you use ZA Bank or other Hong Kong bank accounts, you can use products like 'Panda Fast Remittance' to remit to domestic bank cards.

Have you learned it? This is the safest approach on the entire internet! No exceptions.

If you have any questions, feel free to ask me in the comments!