According to the regulations of CCB, domestic residents who hold foreign exchange cash or foreign exchange deposits can convert them into other foreign exchange or RMB, but RMB cannot be converted into foreign exchange. When domestic residents leave the country, they can exchange RMB into foreign currency, and they can freely exchange it as long as they are listed in the bank. Other currencies equivalent to less than US$ 65,438+0,000 can be processed with the ID card.
Other measures taken by Bank of China to convert RMB into foreign currency;
1. If you want to exchange cash, you must go to the bank counter to exchange it. You need to bring your valid ID card to the counter to fill out the application for purchasing foreign exchange.
2. If the money is in the card, you can exchange it at the ATM first, and then go directly to the bank counter to withdraw it.
3. Purchase of foreign exchange through online banking: log in to online banking, select investment and wealth management, click settlement and sale of foreign exchange, select RMB to purchase foreign exchange, and then withdraw cash from the bank.
Extended data:
According to Article 7 of the Regulations on Foreign Exchange Control in People's Republic of China (PRC), financial institutions engaged in foreign exchange business shall open foreign exchange accounts for customers in accordance with the regulations of the foreign exchange management department of the State Council, and handle foreign exchange business through the foreign exchange accounts. Financial institutions engaged in foreign exchange business shall submit their clients' foreign exchange receipts and payments and account changes to foreign exchange management agencies according to law.
Article 8 The circulation of foreign currency is prohibited in People's Republic of China (PRC), and settlement shall not be made in foreign currency unless otherwise stipulated by the state.
In addition, not all domestic banks can exchange foreign currency, but most domestic banks have foreign currency exchange business. In addition to Bank of China, other banks such as Agricultural Bank and China Construction Bank can also exchange foreign currencies as long as they have foreign currency exchange business.
Bank of China-Online Customer Service
Baidu encyclopedia-foreign exchange
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