Current location - Loan Platform Complete Network - Foreign exchange account opening - What is the matter that foreign exchange management does not belong to this enterprise?
What is the matter that foreign exchange management does not belong to this enterprise?
It means that this enterprise is not qualified or authorized to conduct foreign exchange management.

Foreign exchange management refers to the management and control of foreign exchange transactions and flows by the government or monetary authorities in order to maintain the stability of the national currency exchange rate and promote the development of economy, finance and trade. Only enterprises or institutions with relevant qualifications can engage in foreign exchange management business.

Without corresponding qualifications or authorization, enterprises cannot engage in foreign exchange management business. In this case, foreign exchange transactions and flows of enterprises may be restricted or prohibited to ensure market order and financial stability.