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What is foreign exchange collection? Please explain.
The bank can handle various forms of collection business at home and abroad for you. After the money is received, it can be converted into foreign exchange savings deposits, and foreign currency cash can also be withdrawn or remitted abroad for use according to regulations. If you need to dispatch foreign exchange funds in different places due to job transfer or account transfer, the bank can handle the collection of savings deposits in different places for you. If you hold foreign currency promissory notes, bills of exchange or checks, you can entrust a bank branch to collect or discount them. If you own private overseas property (such as bank deposits, safes, real estate, stocks and bonds, etc.). ) or legally inherited overseas property, the bank can handle the property inheritance and property collection procedures for you according to the relevant certification materials provided by you.