1. At present, the annual limit of individual residents' foreign exchange settlement and sale is USD 50,000 (equivalent, the same below). If the foreign exchange is remitted after purchase and does not exceed the limit, 50,000 US dollars can be remitted at one time with valid personal identity documents. If it exceeds 50,000 USD, you need to provide proof of use, such as admission notice and tuition certificate.

2. If it's cash, the accumulative remittance limit of the day is10,000 USD, and generally, remittance handling fee will be added.

3. For specific provisions, please refer to the Detailed Rules for the Implementation of the Measures for the Administration of Personal Foreign Exchange: Article 14 Remittance of foreign exchange from domestic personal current account expenses shall be handled in accordance with the following provisions: If the accumulated foreign exchange in the foreign exchange savings account on the day of remittance is less than 50,000 US dollars (inclusive), it shall be handled at the bank with my valid identity certificate;

If it exceeds the above amount, it shall be handled with the authenticity certificate of the transaction amount under the current account. Hand-held foreign currency cash with a cumulative equivalent of less than $654.38 million on the remittance day shall be handled at the bank with my valid identity certificate; If the amount exceeds the above amount, it shall be handled by the authenticity certificate of the transaction amount under the current account, the Declaration Form for Luggage and Articles of Inbound Passengers in People's Republic of China (PRC) and China Customs signed by the customs, or the foreign currency cash withdrawal certificate of my original bank.

Foreign exchange, called foreign currency in English, is a creditor's right held by monetary management organs (central bank, monetary management institution, foreign exchange stabilization fund and Ministry of Finance) in the form of bank deposits, treasury bonds and long-term and short-term government securities. Can be used when the balance of payments is in deficit.

Including foreign currency, foreign currency deposits, foreign currency securities (treasury bonds, treasury bonds, corporate bonds, stocks, etc.). ) and foreign currency payment vouchers (bills, bank deposit vouchers, postal savings vouchers, etc.). ). By 20 15, China ranked first in the foreign exchange reserves of governments all over the world. The United States, Japan, Germany and other countries have a large number of private foreign exchange reserves, and the overall foreign exchange reserves of the country are much higher than that of China.