Foreign exchange settlement requirements

Domestic units that obtain the following foreign exchange income must settle the foreign exchange and cannot retain the foreign exchange.

1. Foreign exchange earned from exporting or paying first and then receiving re-exported goods and other transactions. Among them, the foreign exchange for trade exports settled by documentary letter of credit/letter of guarantee and documentary collection can be settled with valid commercial documents, and the foreign exchange for trade exports settled by remittance can be settled with the export foreign exchange receipt verification document;

2. Foreign exchange income from winning international tenders under overseas loans;

3. Foreign exchange income from domestic sales of duty-free goods under customs supervision;

4. Transportation (including various modes of transportation) ) and ports (including airports), post and telecommunications (excluding international remittances), advertising, consulting, exhibitions, consignment, maintenance and other industries and various agency businesses provide foreign exchange income from goods or services;

5. Various foreign exchange fees, fines and confiscations received by administrative and judicial agencies;

6. Foreign exchange income from the transfer of intangible assets such as land use rights, copyrights, trademark rights, patent rights, non-patented technologies, goodwill, etc. , but the above-mentioned intangible assets are owned by individuals and do not need to be settled;

7. Foreign exchange profits repatriated by overseas investment enterprises, foreign exchange recovered under foreign financial aid and foreign exchange income from overseas assets;

8. Foreign exchange income from external claims, returned foreign exchange deposits, etc.;

9. Foreign exchange income from leasing real estate and other foreign exchange assets;

10. Insurance institutions accept foreign exchange insurance Earned foreign exchange income;

11. Net income from foreign exchange business of financial institutions that have obtained the "Foreign Exchange Business License";

12. Foreign exchange income from foreign donations, funding and assistance;

13. Other foreign exchange that should be settled as prescribed by the State Administration of Foreign Exchange.

14. Foreign-invested enterprises’ foreign exchange income under the current account can retain foreign exchange within the maximum amount approved by the foreign exchange bureau. The excess should be sold to designated foreign exchange banks or sold through foreign exchange swap centers.