Foreign currency settlement is the main product of international trade payment settlement, that is, foreign exchange income enterprises sell their foreign exchange income to designated foreign exchange banks, which pay the equivalent local currency at a certain exchange rate. Can be used as required: current account foreign exchange account, current account and capital account (formerly: settlement of foreign exchange in capital account), and account to be verified (formerly: settlement of foreign exchange in account to be verified). Online banking supports automatic demand settlement and bank audit settlement. The transaction can be initiated through the web browser channel/docking channel.

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.

You are cordially invited to download and use China Bank Mobile Banking APP or China Bank Cross-border GO APP to handle related business.