The advance payment must be transferred and settled within the amount of advance payment approved by the foreign exchange bureau, and the foreign exchange bureau shall approve it separately if it exceeds the amount.
In areas where the reform of collection and payment of foreign exchange is implemented, the enterprises are Class A enterprises, and the banks can directly handle the settlement and transfer of foreign exchange after reviewing the documents. Class b and class c enterprises are more painful. The former needs to be handled in the quota category, while the latter needs to be approved by the foreign exchange bureau one by one. In areas where the reform has not been implemented, the foreign exchange settlement and transfer shall be handled on the basis of the approved foreign exchange collection quota (approved by the customs according to the export declaration data of enterprises).
If you receive advance payment, you must first register the advance payment contract and withdrawal on the national foreign exchange management platform, and then you can go to the bank for settlement of foreign exchange the next day; If it is payment and your company has a foreign exchange settlement quota, you can go directly to the bank to settle foreign exchange after payment.