Can foreign currency be transferred between enterprises?

First of all, the bank accounts of China companies can be roughly divided into four types: domestic RMB accounts, domestic foreign exchange accounts, overseas RMB accounts and overseas foreign exchange accounts. There is definitely no limit to the payment of foreign exchange by an overseas foreign exchange account to another overseas account. But I guess that's not the question LZ asked. The payment and dismantling of foreign exchange accounts from overseas to domestic accounts are divided into two steps. The first is to remit foreign exchange, and the second is to settle foreign exchange. Generally speaking, the two links are completed at the same time. Of course, in some cases, it is also possible to only remit foreign exchange without settlement, such as current account foreign exchange or capital account foreign exchange. However, whether it is dismantled or completed at the same time, the remittance of foreign exchange will definitely be supervised by our country's foreign exchange management. The difference is that the regulatory agencies are different under different circumstances. For example, the payment of foreign exchange under the current account, such as buying a batch of physical goods with foreign exchange, will be paid to the domestic payee's account, and the domestic payee can directly go to the bank to settle foreign exchange. This link involves foreign exchange supervision, but it does not directly face the safe. For another example, when a foreign investor sets up a foreign-invested enterprise in China, foreign exchange remittance involves foreign exchange management. When the foreign exchange is remitted, it can be settled in a bank. Whether it is supervised by the State Administration of Foreign Exchange or the direct settlement of foreign exchange by banks, the core requirement is that the transaction must be true and the relevant prices and transactions can match each other. A domestic foreign exchange account pays foreign exchange to another domestic account. This practice is rare and only happens in very special circumstances. I guess LZ should not be used either. To sum up, I personally understand that the basis for LZ to judge whether a foreign exchange payment arrangement is useful is these criteria: a sum of money transferred from an overseas account to a domestic account needs justified reasons, that is, the cross-border flow of foreign exchange is controlled; In some cases, foreign exchange can flow in China, but it can never be used directly in China. If you want to use foreign exchange, you must convert it into RMB, that is, when you can't settle foreign exchange at home, you must have proper transactions and reasons. Even if it does not directly face the safe, the settlement bank will be responsible for supervision.