According to national regulations, valid certificates are required for handling foreign exchange business.

According to the Regulations of People's Republic of China (PRC) Municipality on Foreign Exchange Control, Measures for Personal Foreign Exchange Control and Detailed Rules for the Implementation of Personal Foreign Exchange Control, and other relevant laws and regulations. Personal foreign exchange accounts are divided into domestic personal foreign exchange accounts and overseas personal foreign exchange accounts according to the main categories. Domestic individuals refer to China citizens who hold people's Republic of China resident identity cards, temporary id card documents, household registration books, military identity documents and armed police identity documents. Overseas individuals refer to foreign citizens (including stateless persons) who hold the mainland travel permit for taiwan residents and Hong Kong, Macao and Taiwan compatriots who hold the Permit for Hong Kong and Macao Residents to Travel to and from the Mainland. Withdrawing cash from the foreign exchange savings account, with the cumulative equivalent of less than $654.38+00,000 yuan on the same day, can be handled directly in the bank; If it exceeds the above amount, it shall report to the foreign exchange bureau where the bank is located in advance with my valid identity certificate, proof of withdrawal purpose and other materials. The bank shall handle the foreign currency cash withdrawal procedures for individuals with my valid identity certificate and the foreign currency cash withdrawal record form signed by the foreign exchange bureau. If the withdrawal from the foreign exchange savings account is less than the amount of foreign currency cash allowed to leave the country according to relevant regulations, it can be handled directly in the bank; On the same day, if a single bill or accumulated bill is withdrawn more than the specified amount, it shall be declared to the local foreign exchange bureau in advance with my valid identity certificate, bill withdrawal purpose certificate and other materials. The transfer of funds between my accounts shall be handled with valid identity documents; The transfer of funds between individuals and their immediate family accounts shall be based on the valid identity documents of both parties.