Advance receipts or prepayments must be declared on the foreign exchange management platform for more than 30 days, otherwise it will affect your settlement. Moreover, it can be reduced from class A households to class B or C households, and it is very troublesome to go to the foreign exchange bureau to fill out forms for every transaction in the future. So try to follow the rules.

Firm foreign exchange transactions are those foreign exchange treasures and foreign exchange margin transactions of banks. The former can open an account through a bank, while the latter is mainly for some foreign dealers to open an account in China, because there is no domestic dealer. Firm foreign exchange trading is also called spot foreign exchange trading.

Information on foreign exchange supply and demand caused by expanding trade, payment settlement of goods after export or import by importers and exporters, and transportation, insurance, travel, study abroad, buying and selling foreign bonds, securities and funds, interest payment, etc.

Foreign exchange investors, in order to predict the rise and fall of the exchange rate, use spot, forward or forward trading channels to engage in large foreign exchange transactions with a small amount of margin;

When the market is bullish, buy first and then sell; When bearish, sell first, then make up the position, and earn the middle price difference with the smallest fluctuation, so foreign exchange investors are often the main foreign exchange suppliers and demanders.

Baidu encyclopedia-foreign exchange