(1) Within the total annual amount, it shall be handled in our bank with my valid identity certificate;
(2) If the total amount exceeds the annual amount, the current account shall be handled by our bank with my valid identity certificate and relevant proof of the transaction amount; Capital projects shall be handled in accordance with the relevant regulations of the relevant regulatory authorities on the personal foreign exchange management of capital projects.
product description
Personal purchase of foreign exchange means that individuals sell RMB to banks and buy equivalent foreign currency. Foreign currency can be cash or cash. According to the national foreign exchange management policy, the total annual foreign exchange purchase of domestic individual customers is managed, and the total annual foreign exchange purchase is 50,000 US dollars.
Operating currency
At present, the foreign exchange purchase services provided by Bank of Communications include US dollars, euros, Japanese yen, Hong Kong dollars, British pounds, Australian dollars, Canadian dollars, Swiss francs, Danish krona, Norwegian krona, Swedish krona, Macao pataca, Singapore dollars, Korean won, Thai baht, Philippine peso, New Zealand dollars and Malaysian ringgit. The specific business currency shall be subject to the actual opening of the local branch. You can call 95559 or contact the local Bank of Communications for consultation.
Extended data
Application procedure
Every June 65438+1 October1day, the annual foreign exchange purchase quota of 50,000 USD will be redistributed to individuals. Many citizens who used up their quota last year and were in a hurry to buy foreign exchange found that they had to fill out another form on the basis of their original personal application for settlement and sale of foreign exchange when they went to exchange foreign exchange on June 5438+1 October/KLOC-0.
According to the regulations of SAFE, starting from 20 17 65438+ 10/,no matter whether it is a branch counter, a self-service foreign exchange machine or a mobile online banking, you need to fill in an individual application for foreign exchange purchase. In addition to basic information, you also need to fill in the estimated time and detailed purpose of foreign exchange purchase.
For example, private travel, whether with a group or free travel, needs to fill in the estimated stay time; To study abroad, you should fill in the name of the school, annual tuition and annual living expenses; For overseas medical treatment, the length of stay and the name of the overseas hospital should be filled in.
In addition to a more rigorous inspection of the purpose of individual purchase of foreign exchange, the new application form also clearly points out that domestic individuals shall not falsely declare their information about foreign exchange purchase when handling foreign exchange purchase business; Shall not provide false certification materials; Shall not lend or borrow the foreign exchange purchase quota; It shall not be used for overseas purchase of houses, securities investment, purchase of life insurance and dividend insurance for return on investment and other capital projects that have not yet been opened.
Bank staff told reporters that many investors who come overseas to buy foreign exchange to buy houses and buy insurance use current accounts to engage in capital account transactions because they think that the procedures for purchasing foreign exchange for investment projects are cumbersome and costly. Now the New Deal is introduced to regulate some loopholes in personal purchase of foreign exchange in the balance of payments.
Baidu Encyclopedia-Personal Purchase of Foreign Exchange
Bank of Communications-Individual Purchase of Foreign Exchange