Taking the People's Construction Bank of China as an example, CCB explains foreign exchange as follows:
At present, all foreign exchange banks in Shanghai can exchange foreign currencies, among which China Bank has the most comprehensive types of foreign exchange. At present, the currencies exchanged by domestic banks mainly include euro, pound, US dollar, Swiss franc, Singapore dollar, Swedish krona, Danish krona, Norwegian krona, Japanese yen, Canadian dollar, Australian dollar, Philippine peso, Thai baht and other foreign currencies, as well as Hong Kong dollar, New Taiwan dollar and Macao dollar.
The foreign exchange quotations of designated foreign exchange banks are calculated according to the benchmark exchange rate of RMB published by the State Administration of Foreign Exchange, including the central parity of USD, EUR, JPY and HKD against RMB. At present, the foreign exchange quotations of banks are: spot buying price, spot buying price, middle price, spot selling price and spot selling price. Among them, the cash selling price is the same as the cash selling price.
If you have foreign currency in hand and want to change it into RMB in the bank, you need to bring one of the following valid documents: my ID card (China citizen), household registration book (/kloc-China citizen under 6 years old), military ID card (China People's Liberation Army), Armed Police ID card (China People's Armed Police), Hong Kong and Macao residents' mainland travel permit (Hong Kong and Macao residents), mainland travel permit for taiwan residents (Taiwan Province residents), passport (foreign citizens or holders).
Readers should be reminded that when exchanging foreign currency cash, it is best to choose those higher-level outlets, such as China Bank Beijing Branch on Yabao Road, because not every bank outlet has opened foreign exchange business. In addition, banks do not exchange foreign currency coins at present.
Moreover, since July 1 2002, the original currency of the euro zone countries has completely withdrawn from circulation, and the euro will become the only legal tender in the euro zone. Therefore, there are readers of the original currency of the euro zone countries. If they want to change it into RMB, they have to go to the bank for collection.
It should be noted that there are restrictions on the amount of US dollars exchanged: Relevant persons of the State Administration of Foreign Exchange: There is no restriction or reduction on the amount of convenient foreign exchange purchases equivalent to US$ 50,000 per person per year in China. Within the limit of $50,000, it can be handled directly through bank counters, online banking, self-service terminals, telephone banking, mobile banking and other channels. If the amount exceeds the equivalent of more than 50,000 yuan, as long as there is a real background, you can also go to the bank counter with the transaction voucher.
Individual outlets can change lines when the US dollar is insufficient: individual banks carry out some management due to the lack of US dollar cash. Individuals in urgent need of foreign currency cash can withdraw cash from other banks or individual foreign currency exchange franchises authorized by the foreign exchange bureau.
The policy of $50,000 will remain unchanged until 20 16. If there are any changes in the future, it is necessary to pay attention to the relevant competent departments for reference in time. There is an upper limit to formal channels.