Can banks directly handle the settlement and sale of foreign exchange under special purpose companies?
You can handle it directly. According to the provisions on foreign exchange change registration of domestic residents' individual special purpose companies in the Operating Guidelines for Banks to Directly Handle Foreign Exchange Business of Capital Projects (VI), if domestic individuals need to repatriate capital change income and other funds from overseas first-class special purpose companies, please refer to the Operating Guidelines "7. 1 1 Opening and Cancellation of Overseas Asset Clearing Accounts" to receive them. If the capital of a non-first-class special purpose company with overseas shares is changed and it is necessary to repatriate its income, it shall be repatriated from the first-class special purpose company in the form of profits and dividends.