At present, the State Administration of Foreign Exchange stipulates that domestic residents can only exchange foreign currency with the equivalent of US$ 65,438+RMB 00,000 each time with their valid identity documents. If it exceeds this amount, proof of foreign currency income source is required. For example, foreign currency is overseas employment income, and proof materials such as overseas employment contracts and tax-paid invoices need to be provided.
As for the purchase of foreign exchange for private purposes, the state began to implement the latest foreign exchange purchase policy in May this year. Domestic residents can freely purchase foreign exchange equivalent to up to 20,000 US dollars in a natural year with their valid identity documents, which can be said to greatly facilitate those who need to purchase foreign exchange.
For remittance abroad in foreign currency, the current regulations are that cash deposits can be remitted with the equivalent of $2,000 each time, and cash deposits can be remitted with the equivalent of $65,438+00,000 yuan each time. If it exceeds the above amount, it is necessary to provide proof materials stipulated by the state.
Take Canada as an example.
Going abroad to Canada, how to bring cash into the country is a very important issue, especially from the legal aspects of banks and financial institutions in your country. Therefore, before leaving the country, you should go to the relevant financial institutions for expert consultation. Japan's enrollment plan for studying abroad 100% guaranteed visa The first forum for overseas study experts online study consultation Generally speaking, the common question is: Is there any limit to the money and things that can be taken when leaving the country? Experts from the Canadian Border Service Agency said that some countries have strict restrictions on the amount of money taken out of the country. Before leaving the country, you should consult and verify with relevant financial, banking or legal institutions. If your country has restrictions on the amount of money you can take out of the country, you can apply to buy daily necessities from China and ship them to the Canadian duty-free port, which can be valid for up to three years. For more information, please click on the relevant link of Canada Border Services Agency (CBSA). If you carry more than 1 10,000 Canadian dollars with you, you should contact the local authorities when you arrive in Canada, otherwise you will be severely punished if you are found out. For specific regulations, you can click to download the Regulations on Individuals Carrying Currency and Securities across the Border. The currency brought into Canada can be cash or negotiable securities, such as stocks, bonds and negotiable instruments. You can find any bank in your country that has a cooperative relationship with a Canadian bank, or a bank with a branch in Canada, and then transfer the money to Canada by bank transfer. (Click here to view the list of foreign banks with branches in Canada). You can carry a certain amount of money with you, keep the bank draft, open an account after you arrive in Canada, and then transfer the balance in your domestic account to this account, so as to ensure your expenses abroad. If the Bank of Canada has a branch in your country, you can directly open a Canadian account and transfer the money there. To handle such an account, you need to bring relevant official documents (including bank statement and your expected arrival time in Canada) to prove to the Immigration Bureau that you have enough money to deposit or transfer to a Canadian account. Generally speaking, Royal Bank of Canada, Toronto Autonomous Bank, National Commercial Bank of Canada, Bank of Montreal and Bank of Nova Scotia all have branches abroad. What needs to be declared here is that the above information is for reference only. Because of the differences of policy systems in different countries, we suggest that we should go to relevant authoritative professional institutions for inquiry and verification.