Exit cash · 06
Exit cash: sale, reduction, liquidation
Exit cash follows a corporate event. It is not a routine dividend pack.
First job Name the corporate event before treating leftover cash as an ordinary remittance.
Start here
Key considerations
- Is this a sale, a capital reduction, or a liquidation residual?
- Has the tax clearance for that event been identified?
- Which bank must remit the leftover?
Decision map
Keep the question bounded.
- Name the eventDeal, reduction or liquidation.
- Tax overlayClearance questions live on the tax hub.
- Then FXThe residual remittance pack.
Timeline
Sequence and clocks that change the next action.
- Corporate closeThe event that creates the residual.
- Tax fileCertificates the bank will ask for.
- RemittanceThe leftover cash movement.
Curated resources
Open the asset that matches this job.
China cross-border money movement desk
National banking, FX and capital-controls map for inbound, outbound and blocked payments.
FX route: exit cash
Sale, capital reduction and liquidation residual — not a routine dividend.
Tax hub: certificates and clearance
Tax certificates and exit clearance live on the tax hub; FX moves the cash afterwards.
Helpful to prepare
Facts that make the next conversation clearer.
These items are orientation aids, not a legal requirement list.
- Corporate event in one sentence
- Whether tax clearance is already in view
- Receiving overseas entity
Local context
Add the city when the bank’s practice changes.
Onboarding packs and SAFE handling vary by bank and city after the national FX route is identified.
Open city and province guidesCounsel hand-off
Need banking and FX counsel?
This hub organises payment routes and bank packs. It does not move funds, instruct a bank or replace the tax certificate on your facts.
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