1. Under the current account, all foreign exchange receipts and payments that can be settled and sold in accordance with the Regulations on the Administration of Settlement, Sale and Payment of Foreign Exchange can handle RMB and foreign currency swap business. At the same time, customers are required to provide all required valid certificates when handling the delivery of RMB and foreign currency swap business.

2. The capital account is applicable to the following aspects:

(1) Repaying China Bank's own foreign exchange loan;

(2) Repaying the foreign exchange income of overseas direct investment registered by the foreign exchange bureau;

(3) Foreign exchange income from overseas direct investment registered by the foreign exchange bureau;

(4) Income from foreign exchange funds of foreign-invested enterprises registered by the foreign exchange bureau;

(5) Foreign exchange earnings of overseas listing of domestic institutions registered by the foreign exchange bureau;

(6) Other foreign exchange income approved by the State Administration of Foreign Exchange.

3. To handle RMB and foreign currency swap business under current account and capital account, valid certificates of the above-mentioned income and expenditure business that meet the provisions of foreign exchange management shall be provided. The funds you deposit in the foreign exchange account under the current account (excluding the "account to be verified", which will be stipulated separately after the account reform of the foreign exchange bureau is made clear) can be used for swap business, and the foreign exchange due for performance can be deposited in the foreign exchange account under the current account. If the funds in the foreign exchange account under the current account used for swap business have specific expenditure purposes and purposes, corresponding valid vouchers shall be provided.

4. There is no need to provide background information for the recent swap transaction of buying foreign exchange and selling RMB.

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.