The citation interpretation of foreign exchange settlement is: 1. Enterprises or individuals buy or sell foreign exchange from banks according to the foreign exchange quotation, which is called "settlement of foreign exchange". The part of speech is: verb. The phonetic notation is: ㄐㄝㄨㄟ _. The pinyin is: jié huì. Structure: junction (left and right structure) sink (left and right structure).
What is the specific explanation of foreign exchange settlement? We will introduce you through the following aspects:
I. Text Description Click here to view the details of the plan.
Enterprises or individuals buy or sell foreign exchange from banks according to the foreign exchange quotation, which is called "settlement of foreign exchange".
Second, the national language dictionary
The act of buying foreign exchange from a bank designated by the government or selling the foreign exchange obtained to a designated bank with domestic currency.
Third, the network interpretation
Settlement of foreign exchange refers to the settlement of purchase and sale of foreign exchange by enterprises or individuals according to the exchange rate. According to the needs of import business, professional import and export companies buy foreign exchange from professional foreign exchange banks in their own currency according to the foreign exchange quotation published by the state, or sell the foreign exchange obtained from export to foreign exchange banks at the quotation price and convert it into their own currency. This behavior is called foreign trade settlement. China's foreign exchange quotation regulations are published daily by the Bank of China, and foreign exchange management is also carried out by the Bank of China. There are buying price and selling price. The selling price is higher than the buying price, and the difference between them is the handling fee of bank exchange, or exchange income.
Idioms about foreign exchange settlement
Form a clique, unite as one, climb, climb, climb, climb, climb, climb, climb, climb, climb, climb, climb, climb, climb, climb, climb, climb, climb, climb, climb, climb, climb, climb, climb, climb, climb, climb.
Vocabulary on settlement of foreign exchange
The conclusion of a thousand miles blends, and the hedgehog and ants gather together. Wei Ke's grass knot makes different places meet, and mountains, seas, Huiyuan and Ze will help many parties meet.
Settlement judgment
1. The college will hold a public summary report and a report exhibition.
2. Banks should go through the procedures of receiving and paying foreign exchange under current account according to the principles of "know your customer", "know your business" and "due diligence", and the foreign payment of service trade and other projects should be submitted to the tax filing form as required.
3. Banks can handle the procedures of current account settlement, purchase and payment of foreign exchange according to the principle of due diligence, without having to review the documents one by one in advance, and the business processing time is shortened by nearly two-thirds.
Provide the sales manager with a weekly report summarizing the sales situation.
We usually use irrevocable letter of credit to settle foreign exchange against shipping documents.
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