China citizens under the age of 1 and 16 should be handled by guardians in principle. The guardian's handling of personal settlement and sale of foreign exchange mainly provides the guardian's valid identity certificate, the ward's resident ID card (if the resident ID card is not handled, the household registration book with ID number can be provided) and the guardianship certificate.

2. Within the annual facilitation quota, each person can purchase foreign exchange or settle foreign exchange equivalent to less than 50,000 US dollars per year. If necessary, you can entrust your immediate family members to handle it on your behalf and provide relevant certificates. If you exceed the annual facilitation quota, please go to the bank with your valid ID card and relevant supporting materials.

At present, there are many convertible currencies: British pound, Hong Kong dollar, US dollar, Swiss franc, Singapore dollar, Swedish krona, Norwegian krona, Japanese yen, Danish krona, Canadian dollar, Australian dollar, euro, Philippine peso, Thai baht, Korean won, Macao pataca and new Taiwan dollar. As there are some differences in different regions, please consult the local outlets of Bank of China for specific convertible foreign currencies.

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

If you have any questions, please contact online customer service of Bank of China.

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