To handle foreign currency exchange business, you can go directly to the bank with your bank card and ID card.

There is no minimum amount of foreign currency exchange, but there is a maximum amount. Each person can exchange up to $65,438+00,000 per day and up to $50,000 per year.

Handling process: customers can handle it with their valid ID card, bank card or cash, and fill in relevant documents.

Foreign currency refers to the currency other than "bookkeeping base currency", which is the bookkeeping base currency relative to the domestic currency, and is specifically manifested as the currency other than "bookkeeping base currency" in accounting.

There are certain risks in storing foreign currency. If a currency circulates abroad, its circulation rate will decrease, and the quantity in its official circulation area will also decrease. In this case, its official central bank will be forced to increase the number, which will lead to the devaluation of the currency under certain conditions. For example, in 2002, the dollar depreciated 15% against the euro in a short time, which led to the depreciation of the euro zone's dollar foreign exchange reserves.

References:

Foreign currency-Baidu Encyclopedia