Step 2: Find out if there is Western Union Construction Bank nearby (you need to call in advance to ask if this bank has opened this business).

Step 3: After arriving at the bank, handle the cash business to collect tickets, and then fill in the receipt details. MTCN refers to the number on the upper right of remittance receipt, and you need to show your ID card (valid ID card).

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There are five kinds of personal foreign exchange transactions, namely counter transactions, self-service terminal transactions, telephone transactions, online transactions and mobile phone transactions.

Over-the-counter trading: You can fill in an application for personal foreign exchange trading at the business outlets where our bank has started personal foreign exchange trading with your foreign currency passbook, deposit slip, cash or bank card, and conduct real-time trading or entrusted trading.

CCB opens foreign exchange:

Self-service terminal transaction: CCB has self-service terminal equipment in its personal foreign exchange trading outlets, which can operate according to the prompts in the operation interface to complete foreign exchange transactions, inquiries and voucher printing.

Telephone transaction: You can use any audio telephone to conduct real-time transaction, entrusted transaction, exchange rate inquiry and fax related vouchers according to telephone voice prompts.

Online transaction: log on to www.ccb.com website to sign the contract. After passing the certification, you can conduct personal foreign exchange trading through online banking.

Mobile phone transaction: In order to facilitate customers to conduct transactions anytime and anywhere, CCB cooperated with China Mobile and China Unicom to develop mobile phone transactions. After purchasing the STK card of China Mobile or China Unicom, you can conduct personal foreign exchange transactions and inquiries (SMS charges) through common mobile phones in the market after completing the signing formalities in our bank.

Foreign exchange transactions are the exchange of one foreign currency into another. Quotation is the exchange rate, which is usually expressed by the conversion ratio between two currencies, such as USD/JPY and GBP/JPY. The exchange rate is the first currency (as the base currency) and the second currency (as the pricing currency) that represents the price.

In foreign exchange quotations, we often see English words, with three English letters indicating the name of the currency. USD, EUR, JPY and GBP, a standard international foreign exchange unit is 654.38+ million base currency, especially some currencies that are not commonly used in English, such as NZD NZD and AUD, which need to be understood.

The role of foreign exchange:

1. Promote the development of international economy and trade.

2. Adjust the surplus and deficiency of international funds.

3. It is an important part of a country's international reserves and the main means of payment to pay off international debts.