However, the proceeds from foreign exchange purchase cannot be used for overseas house purchase, securities investment, life insurance, investment insurance and other capital projects that have not yet been opened. If you operate through the China Merchants Bank system, the purpose of purchasing foreign exchange is up to you. You can fill it in directly and truthfully, and the option is personal travel.
It should be noted that when filling in the purpose of purchasing foreign exchange, you need to fill in the "estimated time of using foreign exchange" and fill in the date of using foreign exchange purchase funds. Prior to this, individuals went to the bank to purchase foreign exchange, and there was no need to explain when they planned to use the exchanged foreign exchange. At the same time, when filling in the purpose of purchasing foreign exchange, only one item can be selected, and the individual should check the purpose of purchasing foreign exchange according to the actual purpose, and fill in all the details involved in the checked items completely.