Current location - Loan Platform Complete Network - Foreign exchange account opening - Bank of China: What services can foreign currency settlement provide for enterprises under international settlement?
Bank of China: What services can foreign currency settlement provide for enterprises under international settlement?
China Bank official website replied:

Foreign currency settlement is the main product of international trade payment settlement, that is, foreign exchange income enterprises sell their foreign exchange income to designated foreign exchange banks, which pay the equivalent local currency at a certain exchange rate. It can be used as needed: settlement of foreign exchange account and capital account in current account, settlement of accounts to be verified.