(First of all, at present, the annual total amount management is implemented for individual foreign exchange settlement and domestic individual foreign exchange purchase, and the annual total amount is equivalent to $50,000 per person per year. The foreign exchange bureau may adjust the annual total amount according to the balance of payments. )

Personal settlement and sale of foreign exchange

Individual foreign exchange settlement and domestic individual foreign exchange purchase shall be subject to annual total management:

Within the total annual amount, it shall be handled directly in the bank; If it exceeds the annual total, it shall go to the bank with the required certification materials under the current account.

Overseas individuals purchase foreign exchange mainly to verify the authenticity and legitimacy of their RMB sources. When foreign individuals purchase foreign exchange, they can directly exchange foreign exchange at the domestic customs clearance place before leaving the country, and the accumulated value of that day does not exceed $500 (inclusive) and 1000 (inclusive); If it exceeds the above amount, it shall be handled by the bank with relevant supporting materials.

Personal remittance

Foreign exchange earned by individuals from abroad can be directly credited to the bank;

If a domestic individual remits foreign exchange from a foreign exchange savings account abroad for current account expenditure, and the accumulated equivalent value on that day is less than 50,000 US dollars (inclusive), it shall be handled directly at the bank; More than the equivalent of 50 thousand dollars, with the required supporting materials in the bank;

Overseas individuals who remit foreign exchange from overseas foreign exchange savings accounts due to current account expenditures should handle it directly in the bank.

individual account

Personal accounts no longer distinguish between cash accounts and cash accounts, and are collectively called personal foreign exchange savings accounts, which are managed in a unified way.

The opening, use and closing of individual foreign exchange savings accounts are handled directly in the bank. I and my immediate family members (parents, children, spouses) can make domestic transfers in the bank.

Individuals engaged in foreign trade can open individual foreign exchange settlement accounts as institutional foreign exchange account management.

Personal foreign currency cash

Personal foreign currency cash business mainly includes deposit and withdrawal, remittance and carrying.

Individuals who deposit foreign currency cash into the foreign exchange savings account on the same day with a cumulative amount less than the equivalent of US$ 5,000 (inclusive) shall handle it directly at the bank; If it exceeds the equivalent of $5,000, it shall be handled at the bank with the required supporting materials.

If the amount of foreign currency cash withdrawn by an individual on the same day is less than the equivalent of US$ 654.38+RMB 00,000 (inclusive), it shall be handled directly at the bank; If it exceeds the equivalent of US$ 654.38+00,000, it must be examined by the foreign exchange bureau.

If an individual remits foreign currency cash abroad for current account expenditure, and the accumulated amount on that day is below the equivalent of $65,438+$0,000 (inclusive), it shall be handled directly in the bank; If it exceeds the equivalent of US$ 6,543,800,000, it shall be handled at the bank with the required supporting materials. A quota declaration system shall be implemented for individuals who bring foreign currency cash into the country. If the amount brought into China is less than the equivalent of US$ 5,000 (inclusive), there is no need to declare it to the customs; If it exceeds the equivalent of $5,000, you need to go through customs formalities. Carrying foreign currency cash out of the country is subject to guiding quota management. If the amount of cash carried is less than the equivalent of $5,000 (inclusive), it can be carried directly; Those who carry the equivalent of more than 5,000 US dollars shall apply for a foreign exchange exit permit; Those exceeding the equivalent value of 1 10,000 USD shall not be taken out of the country in principle.

Hope to adopt, thank you ~