1. Foreign exchange receipts and payments between domestic institutions and domestic individuals and NRA foreign currency accounts are managed according to cross-border transactions. Domestic banks ensure the compliance of foreign exchange receipts and payments by examining the valid commercial documents and vouchers of domestic institutions and individuals.

2.2. Foreign currency account. NRA can collect foreign exchange from home and abroad, transfer money to each other, transfer money to offshore account or pay overseas, and domestic banks can handle it directly according to customers' instructions, unless otherwise stipulated by the State Administration of Foreign Exchange.

3. Without the approval of the branches and management departments of the State Administration of Foreign Exchange at the place of registration, foreign currency cash shall not be deposited or withdrawn from the NRA foreign currency account, and foreign exchange settlement shall not be made directly or in disguised form.

4. Unless otherwise stipulated by the State Administration of Foreign Exchange, the fund balance is 4. NRA foreign currency accounts should be included in the management of short-term foreign debt indicators of domestic banks.

5. If a domestic institution obtains a loan from a domestic bank with NRA foreign currency account funds as collateral, it shall be handled in accordance with the relevant provisions on foreign insurance and domestic loans.

On July 13, 2009, the Notice of the State Administration of Foreign Exchange on Relevant Issues Concerning the Administration of Domestic Foreign Exchange Accounts of Overseas Institutions allowed domestic banks to open domestic foreign exchange accounts for overseas institutions, namely NRA accounts.