According to the regulations of the regulatory authorities, banks can independently list the exchange rates of RMB against various currencies according to market demand and pricing power. There is no limit on the transaction prices of spot and cash, and they can independently price according to market supply and demand (Yinfa [20 14] 188). The spot exchange rate and spot exchange rate of RMB against various currencies belong to the business types that commercial banks can set their own prices.
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.
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