The total amount of foreign exchange settlement and purchase per person per year is equivalent to $50,000. With the personal ID card, you can settle and purchase foreign exchange at will within the limit. If the amount exceeds the total amount, you need to provide relevant certification materials, and you can only purchase foreign exchange after filing with SAFE! In foreign exchange settlement, it involves the exchange of cash. If the equivalent value on that day is less than $5,000 (excluding), you can rely on your personal ID card. If it exceeds $5,000, relevant certification materials are required.

In terms of purchasing foreign exchange, those who withdraw cash after purchasing foreign exchange can't exceed $65,438+0,000 per person on the same day, and the excess needs the approval of safe! If it is remittance or deposit, it is not limited by cash management, but by the annual total!

If your funds are used in China in the future, it is suggested that you settle 50,000 dollars today and tomorrow, and then settle 50,000 dollars/month! Deposited in the form of RMB, the RMB is constantly appreciating, and the interest rate of US dollar deposits in China is quite low. In order to avoid unnecessary losses, it is recommended to settle foreign exchange!