The personal foreign exchange limit is 50,000 dollars. Individual foreign exchange settlement and domestic individual foreign exchange purchase are subject to annual total management. The annual total is equivalent to 50,000 dollars per person per year. The State Administration of Foreign Exchange may adjust the annual total according to the balance of payments. The settlement and purchase of foreign exchange within an individual's annual total amount shall be handled at the bank with his valid identity certificate. China residents' annual quota of $50,000 to purchase foreign exchange remains unchanged, but the exchange process has become cumbersome and the supervision has become stricter.

The foreign exchange quota has the following main features:

1, controllability.

The foreign exchange quota is only a quota recorded in the bank account of China, and its adjustment and transfer is only the increase or decrease of the book number of the Bank of China, and it is also managed and supervised by the Bank of China and the State Administration of Foreign Exchange. Its source, trend, destination and use are in the hands of government departments and are strictly controlled.

2. Non-free circulation.

This is consistent with controllability. Foreign exchange quota is neither currency nor bill, so it is impossible for everyone to circulate and buy and sell freely in the market.

3. Value.

The foreign exchange quota is valuable, and its value is realized at the time of transfer. For example, when the current US dollar quota is transferred out, the transferor must pay 1 yuan to the transferor, which is a reflection of the value of the foreign exchange quota.