My cousin opened a Scottrade on-line account in China. He was told that he was not able to transfer funds to the account per Chinese law. China only allows funds to be transferred to a foreign personal account not to a foreign company. So he wants to transfer funds to my personal account and then I will transfer the fund to his Scottrade account.
Is there any (potential) problem by doing so?
Is there any other ways for him to fund his account by himself?
Thank you very much!