Mainly for personal foreign exchange settlement and sale business, because there is an annual limit of 50 thousand dollars for personal foreign exchange settlement and sale. If it exceeds the limit, you need to provide proof materials, which is generally difficult to provide! So there is the act of splitting the settlement and sale of foreign exchange! Main performance: someone needs to remit 654.38 million US dollars. Due to the overrun, overseas remitters are allowed to remit US$ 654.38+million in three times respectively. Of course, three different payees are needed, and then the three payees settle foreign exchange separately to avoid foreign exchange supervision.

The same person transfers the deposits in his foreign exchange savings account to more than five immediate family members, etc. , defined as the behavior of individual splitting settlement and sale of foreign exchange.

1.In February 2007, the State Administration of Foreign Exchange implemented an annual gross management policy of $50,000 for personal foreign exchange, and found that some individuals evaded relevant management policies by splitting large foreign exchange funds into smaller ones, which disrupted the normal personal foreign exchange management order.

2. In order to strengthen management, SAFE will remit foreign exchange to more than five different individuals in China on the same day, the next day or several consecutive days, and the recipients will settle foreign exchange separately.

3. After purchasing foreign exchange on the same day, every other day or for several consecutive days, five or more different individuals remit foreign exchange to the same person or institution abroad.

4. Once an individual is found to have the act of dismantling and selling foreign exchange, he should immediately invest in investigation and study to find evidence to prove it. This is precisely the reason why it is difficult for individuals to fully regulate and eliminate the settlement and sale of foreign exchange, and it is difficult to prove it with evidence. First, it is difficult to leave enough evidence for cash transfer, and it is difficult to have a result after investigation, that is, it is difficult to use evidence to fix it as an individual's split settlement and sale of foreign exchange. Moreover, the general parties are lucky that they will not be verified if they don't admit it, so they will resist the act of obtaining evidence. What's more, they will actively destroy evidence. According to the relevant regulations of foreign exchange management, the foreign exchange management department cannot inquire about personal savings accounts. If individuals don't cooperate, it is difficult for management departments to make substantial achievements.

Individual split settlement and sale of foreign exchange mainly has the following characteristics:

1. The same person or institution abroad remits foreign exchange to more than five different individuals in China on the same day, every other day or for several consecutive days, and the recipients settle foreign exchange separately.

2. After purchasing foreign exchange on the same day, every other day or for several consecutive days, five or more different individuals remit foreign exchange to the same person or institution abroad.

3. Five or more different individuals deposit or remit RMB funds into the RMB account of the same person or institution after settlement of foreign exchange on the same day, every other day or for several consecutive days.

4. Individuals withdraw foreign currency cash close to the equivalent of 1 10,000 USD from the same foreign exchange savings account for more than 5 times within 7 days; Or more than five people on the same day, * * * at the same bank outlet, each person made a cash settlement of nearly $5,000.