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What principles should be followed in the declaration of cross-border RMB settlement for individual customers of China Bank?
declaration of individual cross-border RMB settlement in China Bank:

1. Declaring the balance of payments according to the relevant regulations of the State Administration of Foreign Exchange is no different from the current international remittance rules for individual foreign currencies.

2. According to the Notice of the People's Bank of China on Optimizing the Information Submission Process of RMB Cross-border Receipt and Payment Information Management System (Yin Ban Fa [213] No.188), submit the information of RMB cross-border receipts and payments of domestic individuals to the RMB cross-border receipt and payment information management system.

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 BOC Cross-border GO APP to handle related business.