Can qualified handling banks rely on foreign trade business?
Of course. According to the Notice of the State Administration of Foreign Exchange on Supporting the Development of New Trade Forms (Huifa [2020] 1 1): "VII. Foreign trade comprehensive service enterprises can handle export foreign exchange collection procedures on behalf of customers. Therefore, qualified handling banks can handle export foreign exchange collection with the transaction electronic information pushed by foreign trade comprehensive service enterprises, and foreign exchange or settlement funds directly enter customer accounts.