If the amount of foreign exchange purchased for studying abroad is higher than 50,000 US dollars, it must be approved by the local foreign exchange bureau. After the examination and approval, the overseas students can only purchase foreign exchange from the bank with the certificate issued by the State Administration of Foreign Exchange. At the same time, for international students who are about to study abroad, we must also pay attention to the quota of $5,000, because this is the upper limit for international students to carry foreign exchange cash. At present, when foreign students exchange foreign exchange in China, in addition to the fixed tuition fees, they can also exchange part of their living expenses into foreign currency cash, and carry no more than the equivalent of US$ 5,000 with them.
Remind overseas students to go to the bank to exchange money, and the materials must be complete. In the first academic year, you need to bring your personal passport, valid visa, formal admission notice with name, charge notice and translation, ID card or household registration book. The materials to be brought in the second school year include: the notice of charge for this school year, the proof of payment for the previous school year or semester, my power of attorney, student ID card and other proof of study, a copy of my passport and valid visa, and my or my agent's ID card or household registration book.
I hope the answer is helpful to you and I hope it will be adopted.