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Can banks in China accept public and private foreign exchange?
Provisions of the Bank of China on Receiving Public and Private Foreign Exchange:

According to the regulations of SAFE, the policies under the individual capital project have not been fully liberalized, and it is temporarily impossible to provide personal cross-border remittance services for domestic individuals in capital projects that are not yet open, such as buying houses abroad, investing in securities, purchasing life insurance and returning dividend insurance. In addition, loans are also capital projects that have not yet been opened, and cross-border remittance services cannot be provided.

Please consult your local foreign exchange administration or Bank of China for details.

The above contents are for your reference. Please refer to the actual business regulations.

If you have any questions, please contact online customer service of Bank of China.

You are cordially invited to download and use China Bank Mobile Banking APP or China Bank Cross-border GO APP to handle related business.