Originally Posted by
jiejie
If it's the bank wanting to see proof that your son is incurring expenses, that's !@#$% BS and just tossing another obstacle to prevent the money from leaving. Or is it the cousin wanting to see this (can't tell from your phrasing, but none of his business either.) You shouldn't have to prove anything except that the son is the legitimate owner of the money now.
My understanding is that there are now rules about moving money out of China for investment purposes. Taking it out to spend is ok, investing it overseas is not. Hence the questions about what is being done with the money.