Detailed Rules for the Implementation of the Measures for the Administration of Personal Foreign Exchange Article 14 Remittance of foreign exchange of domestic personal current account expenditures abroad shall be handled in accordance with the following provisions:
If the accumulated foreign exchange in the foreign exchange savings account on the day of remittance abroad is less than $50,000 (inclusive), I will go to the bank with my valid identity certificate; If it exceeds the above amount, it shall be handled with the authenticity certificate of the transaction amount under the current account.
Hand-held foreign currency cash with a cumulative equivalent of less than $654.38 million on the remittance day shall be handled at the bank with my valid identity certificate; If the amount exceeds the above amount, it shall be handled by the authenticity certificate of the transaction amount under the current account, the Declaration Form for Luggage and Articles of Inbound Passengers in People's Republic of China (PRC) and China Customs signed by the customs, or the foreign currency cash withdrawal certificate of my original bank.
According to the regulations of the State Administration of Foreign Exchange, the designation of individual foreign exchange business of domestic residents shall be handled by the Bank of China. Residents can purchase foreign exchange at branches of China Bank under the following circumstances: traveling abroad, visiting relatives and exchanging foreign exchange with relatives. If you go to Hong Kong and Macao, you can exchange 1 ,000 US dollars in foreign exchange, or equivalent to 1 ,000 US dollars.
Going to countries and regions outside Hongkong and Macau (including Taiwan Province Province) can be exchanged for 2000 US dollars, or the equivalent of 2000 US dollars in foreign exchange; Those who study abroad at their own expense or go abroad for medical treatment at their own expense can exchange US$ 2,000 or its equivalent in foreign exchange at one time when leaving the country; Individual residents leave the country at their own expense to participate in international academic activities and are employed to teach. If the inviter doesn't bear the pocket money, they will exchange money according to the standard of visiting relatives abroad.