What are the rules for BOC individual customers to handle foreign exchange settlement?

Provisions on the handling of personal foreign exchange settlement business in China Bank:

1. Within the annual facilitation quota: the annual equivalent of each person is less than 50,000 US dollars (inclusive), and it shall be handled with my valid identity certificate.

2. Agency: you can entrust a close relative to handle it on your behalf, and provide the valid identity documents, power of attorney and explanatory materials of the close relative of the client and the trustee.

3. Do not occupy the annual convenience quota: such as employee salary, family support, inheritance, insurance foreign exchange income, etc. , you can apply for it in China Bank with your valid ID card and relevant supporting materials. For details, please contact the branch of China Bank.

Tips:

1, close relatives: parents, children, spouses, brothers and sisters, grandparents, grandchildren, grandchildren;

2. Explanations for close relatives: household registration book, marriage certificate, birth certificate, etc. If it is really impossible to provide explanatory materials for close relatives, it can be replaced by a letter of commitment from close relatives.

(Answer time: July 2023 1 1)

The above contents are for your reference. Please refer to the actual business regulations.

You are cordially invited to download and use China Bank Mobile Banking APP or China Bank Cross-border GOAPP to handle related business.