The repayment processing of overseas credit card consumption involves the issue of foreign exchange limit, which depends on the repayment method and credit card type. If you repay in RMB, this part of the consumption will not occupy the foreign exchange quota, but if you repay in foreign currency, the amount will be included in the foreign exchange quota. For dual-currency credit cards, you can choose a merchant with the UnionPay logo to pay in RMB abroad, otherwise foreign currency settlement will be used by default. Single-currency credit cards must be spent in RMB at merchants with the UnionPay logo.

Foreign currency consumption usually needs to be converted into RMB for repayment after returning to the country. Unless it is repaid directly in RMB, the excess will be regarded as an overpayment. In addition, it is worth noting that banks currently do not support installment repayment for foreign currency consumption, but you can apply for installments for consumption in RMB. This, to a certain extent, increases the repayment pressure after returning from overseas consumption.

In order to combat financial crimes such as money laundering and tax evasion, the State Administration of Foreign Exchange has standardized the regulations on large overseas cash withdrawals by bank cards, setting limits on the annual withdrawal amount of individuals, and the total annual withdrawal amount of bank cards under each person's name shall not exceed Equivalent to RMB 100,000, and the daily withdrawal limit is equivalent to RMB 10,000. If the annual quota is exceeded, the overseas cash withdrawal authority for the next year will be suspended. At the same time, you may not circumvent these regulations by borrowing or lending bank cards.

In general, the repayment methods and limit management for overseas credit card consumption are based on specific rules. Understanding these rules can help avoid unnecessary foreign exchange limit occupation and compliance issues.