1. foreign exchange management of current account of domestic institutions: the state does not restrict international payment and transfer of current account, but it must implement the system of bank settlement and verification of import and export payment.

2. Personal foreign exchange management: Personal foreign exchange can be held by itself, deposited in banks or sold to designated foreign exchange banks.

Individuals use foreign exchange abroad for private purposes and purchase foreign exchange within the prescribed limits; If it exceeds the prescribed limit, it may apply to the foreign exchange bureau. Individuals carrying foreign exchange into or out of the country shall go through the declaration formalities with the customs; Those who carry foreign exchange out of the country in excess of the prescribed limit shall also issue valid certificates to the customs.

3. Foreign exchange management of institutions and personnel in China: Foreign exchange of institutions and personnel in China can be kept by themselves, deposited in banks or sold to designated foreign exchange banks, or remitted or carried out of the country with valid certificates.

Current account refers to the frequent transactions in the balance of payments, including trade balance, service balance and unilateral transfer.