Take China Merchants Bank as an example, when handling foreign exchange settlement and sale business (including minors) in China, there are two situations:
1, household registration book (with ID number indicated) or temporary id card account, foreign exchange settlement and sale business can only be handled through the counter;
2. To open an account with the original ID card, you can handle the settlement and sale of foreign exchange through self-service channels and counters;
If it is an agent, only immediate family members are allowed to act as agents within the total annual amount, and valid identity documents, power of attorney and proof of immediate family members of the principal and the trustee are provided for handling; If it exceeds the annual total, it can be handled by others, and valid identity documents of the client and the trustee can be provided.
Extended data:
China Bank Foreign Currency Exchange Process
1. The customer holds his ID card, opens a current all-in-one account with China Bank, and deposits a certain amount of foreign exchange or foreign currency in the current all-in-one account (foreign exchange treasure account).
2. If customers want to enjoy the telephone banking service and online service of Waihuibao, they can apply for the Great Wall Electronic Debit Card of China Bank at the same time of opening an account, fill in the Application Form for Opening an Account for Telephone Banking Service of China Bank, sign the Personal Firm Foreign Exchange Trading Agreement of China Bank, and obtain the telephone banking transaction account number and password of our bank.
3. All customers who have gone through the above procedures can log on to our website by dialing, and after applying for registration according to the prompts, they can enjoy the online trading service of Bank of China.
4. If it is cash exchange, the user will go directly to the counter of China Bank to settle foreign exchange with his ID card. There will be a declaration process before the settlement of foreign exchange, and users can directly ask the lobby manager.
Baidu encyclopedia-foreign currency exchange