Introduction to credit card global currency single RMB settlement:

1. Open global currency single RMB settlement, that is, all your transactions overseas (including consumption, overdraft cash withdrawals) are authorized in foreign currency , and then convert it into RMB based on the foreign exchange rate on the day of entry (in case of legal holidays, the exchange rate of the previous working day will be used), and credit it to your RMB account, and you can repay it directly in RMB.

2. When there are deposits, arrears or authorized transactions in foreign currency accounts, the global single RMB settlement function can be enabled/disabled, without affecting the withdrawals and deposits in foreign currency accounts. When there is an authorized transaction in the credit card's foreign currency account, if the authorized transaction is entered into the account after the global currency single RMB settlement function is enabled, it will be settled in RMB. If the account is entered before the global currency single RMB settlement function is enabled or after the function is closed, the settlement will be in the currency of the authorized transaction.

3. After activating the global currency single RMB settlement function, if you handle deposits, returns, and tax refund transactions in foreign currency accounts, they will be recorded in foreign currencies. If there is a credit balance in the foreign currency account, you can handle the credit through the domestic counter. Balance returned.

4. After the main card of the Great Wall series of credit cards activates/deactivates this function, the additional card will be automatically activated/deactivated. The Great Wall supplementary card cannot be activated/deactivated independently. Supplementary cards of BOC series credit cards can be opened/closed independently, but the main cardholder needs to do so.

5. You can check the relevant exchange rate through Bank of China online banking, mobile banking, colorful life, Bank of China credit card WeChat, electronic bill, and SMS bill channels. The specific display is: transaction description + exchange rate: exchange rate value.

The above content is for your reference, please refer to actual business regulations.

If you have any questions, please feel free to consult Bank of China’s online customer service.

You are sincerely invited to download and use Bank of China Mobile Banking APP or Bank of China Cross-border GO APP to handle related businesses.