1. What is the foreign exchange return?
In fact, the return of foreign exchange refers to the return of money according to the direction of the delivery of settlement instruments and the direction of capital flow. According to the requirements of China's foreign exchange management, there are special regulations on overseas remittances, especially large remittances. Therefore, there are actually some specific regulations on the return of foreign exchange, and there are also places that need special attention in the operation process.
Second, apply in advance.
If you want to return a large amount of foreign exchange, this kind of thing will be strictly regulated according to the foreign exchange management requirements of our country, so if you have this demand, you'd better apply in advance. In this way, the time for approval can also be reduced, and it won't delay you too much time. If it is particularly urgent, it is best to communicate with the State Administration of Foreign Exchange in advance and apply for a refund directly, otherwise the later approval time will be very long. Generally speaking, it takes three to five working days to receive a refund, so everyone must make corresponding arrangements in time and apply in advance. This will not affect everyone's daily life.
Third, choose the right account to return.
Bian Xiao also searched the Internet for relevant information, and found that many netizens asked the most important question, that is, how long it would take for foreign exchange to be returned. This shows that the relevant state departments have very strong regulations and supervision on the return of foreign exchange, so everyone must choose the correct account when returning foreign exchange in the original way. If you remit the money by mistake, then this transaction will be very troublesome.