1, procedure
(1) The customer handles the exchange business with valid identity documents and other materials. Depending on your business, according to regulatory policies or bank anti-money laundering regulations, you may need to provide other materials to prove your identity and business authenticity.
(2) Banks handle foreign currency exchange and pay according to the real-time quotation published on the same day.
(3) Customers can handle foreign exchange settlement and sale business with accounts or cash.
2. Most branches of Bank of China can support foreign currency exchange. Generally speaking, in some areas such as the northwest, from 9 am to 5 pm, due to the time difference, the processing time will be moved back as a whole.
3. If you need to withdraw foreign currency cash, it is suggested that you contact the outlets in advance to make an appointment, so as to prepare enough foreign currency for you.
4. Online channels such as Bank of China, mobile banking and online banking all support foreign currency exchange and cash reservation. You can also do it yourself through online channels. For details, please contact the official service hotline of China Bank at 95566.
Designated banks refer to various commercial banks approved by the state to engage in foreign exchange business, such as Bank of China, Industrial and Commercial Bank of China, Agricultural Bank of China and China Construction Bank. It is illegal to exchange foreign currency in places other than designated foreign exchange banks and legal foreign exchange exchange points.
Extended data:
Matters needing attention in foreign currency exchange are as follows:
1, it is not appropriate to exchange too much foreign currency cash.
At present, many banks are engaged in exchange rate business, which can handle large amounts of currencies such as US dollars, Hong Kong dollars, Japanese yen, euros, pounds, Australian dollars, Canadian dollars, Swiss francs and Singapore dollars.
Since shopping is mainly by credit card, cash is mainly used to pay for transportation, catering and other expenses. The bank financial planner suggested changing foreign currency as little as possible.
2. The domestic currency exchange time should not be too early.
For residents who need to leave the country, how to choose the exchange time is also a science. The reasonable exchange time mainly depends on the exchange rate fluctuation trend of the converted foreign currency.
3. Small amount of foreign currency is first converted into US dollars in China.
If you want to go to a country, the currency used for settlement cannot be directly converted into local currency in major domestic banks, and don't worry, just convert RMB into US dollars in domestic banks and then convert it into local currency locally.
Baidu Encyclopedia-China Bank
Baidu encyclopedia-foreign exchange