Foreign currency deposits remitted abroad by individual residents for capital account expenditures, regardless of the amount, shall be approved by the State Administration of Foreign Exchange. For current account expenditures, the remittance of cash equivalent to less than USD 654.38+USD 00,000 and cash equivalent to less than USD 2,000 (inclusive) at one time shall be handled directly in the bank.

If the equivalent value is more than USD 654.38+00000 (inclusive), it shall be handled in accordance with the Operating Rules for the Management of Non-trade Sale and Payment of Foreign Exchange and Individual Foreign Exchange Receipts and Payments of Domestic Residents (for Trial Implementation).