1. In strict accordance with the relevant regulations of the People's Bank of China and the State Administration of Foreign Exchange, individual customers can handle:

(1) Transfer and remittance between my foreign exchange savings accounts must be handled with valid identity documents.

(2) The transfer and remittance between myself and the foreign exchange savings account of my close relatives shall be handled by the valid identity documents of both parties and the proof of close relatives.

2. If another person is allowed to act as an agent, the valid identity documents of the account owner and agent and the power of attorney of the client shall be presented.

When the minor account owner under the age of 16 handles foreign currency transfer and remittance, the guardian will act as the agent, and show the valid identity documents of the guardian and the account owner and the proof of guardianship relationship.

3. If the transfer accounts belong to domestic individuals and overseas individuals respectively, they shall be managed as cross-border transactions and conform to the provisions on foreign exchange remittance under current account.

4. Close relatives refer to spouses, parents, children, brothers and sisters, grandparents, grandparents, grandchildren and grandchildren.

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

5. Foreign currency cash cannot be transferred in China, which means "holding foreign currency cash". Funds in paper currency accounts (in the same currency) can only be transferred to peers through local and foreign currency business. If you need to transfer to another bank, you need to convert it into foreign currency cash account funds first. The funds in the remittance account (in the same currency) can be transferred to peers and other banks through domestic and foreign currency business.

6. Individual customers shall not transfer foreign exchange funds into the accounts of domestic companies, unless otherwise stipulated.

Please consult BOC outlets for details. You can select the life-outlet queuing function in personal mobile banking of Bank of China to query the outlet information of Bank of China (you don't need to log in to personal mobile banking of Bank of China).

(Answer time: August 2023 16)

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.