( 1),? In China, the functional currency is RMB. When foreign currency needs to be paid after a foreign currency transaction, it is called purchasing foreign exchange.

(2) The purchase of foreign exchange is a transfer transaction, in which the local currency in the account is changed into foreign currency, which is equivalent to foreign exchange trading. The converted foreign currency is still in the account or bank card, and no cash has been withdrawn.

(3) According to the new policy, each person can withdraw no more than the equivalent of $2,000 in foreign currency cash each time he purchases foreign exchange. In addition to withdrawing cash, citizens can also remit the purchased foreign exchange abroad directly and take it abroad by money order, traveler's check, credit card, etc. And, of course, into their foreign exchange accounts.