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50 thousand yuan to buy foreign exchange, 50 thousand yuan to settle foreign exchange within one year? The amount of foreign exchange settlement and sale is $50,000 per person per year.

From: Network Date: April 30, 2022

Within the annual facilitation quota for domestic individuals to purchase foreign exchange: the equivalent of less than $50,000 per person per year can be handled in the bank with their valid identity documents. If foreign exchange is settled by hand-held cash, it should also comply with the relevant regulations on depositing hand-held cash into savings accounts. If you need to do it, you can only entrust your immediate family members to do it. For more information, please call the customer service hotline of China Bank at 95566. The above contents are for your reference. Please refer to the actual business regulations. If in doubt, please consult the online customer service of China Bank or download and use the mobile banking APP of China Bank to handle related business.

Eh, the foreign exchange bureau will answer, and each person will pay $50,000 a year. This is a facilitation quota, which means that each person only needs to provide an ID card for the settlement of foreign exchange within 50,000 yuan (all banks are merged) and the purchase of foreign exchange within 50,000 yuan per year, but those above 50,000 yuan need to bring relevant certification materials to the counter for processing. For example, it is also allowed to charge more than $60,000 to participate in summer camps abroad. 50,000 yuan, that is, the convenient amount of materials is not needed, and mobile banking can also be operated. The surplus is only at the counter, and there are relevant supporting materials.

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Is it okay to purchase 50 thousand foreign exchange and settle 50 thousand foreign exchange within one year? -:It's possible. At present, the annual limit of foreign exchange settlement and exchange for citizens in China is 50 thousand, which means that each transaction can be bought and sold 50 thousand, not 50 thousand. And with the continuous internationalization of our RMB, this restriction will be gradually relaxed in the future.

Single person: Can you buy 50,000 US dollars in foreign exchange within one year and 50,000 US dollars in foreign exchange within one year? With the personal ID card, you can directly handle the annual settlement of foreign exchange of 50,000 US dollars or purchase foreign exchange of 50,000 US dollars. If the settlement of foreign exchange and the purchase of foreign exchange are counted together, it can handle 654.38+million US dollars.

I remit $50,000 a year in foreign exchange, and then remit it. Does this take up my 50 thousand quota? The total amount of -: 1 year is 50,000. If there are too many, it is necessary to stop or declare the source and use of excess foreign exchange settlement.

The amount of foreign exchange purchased per person per year is $50,000. Is it related to foreign exchange settlement? Does foreign exchange settlement affect the foreign exchange purchase quota? -Yes, at present, individual foreign exchange settlement and domestic individual foreign exchange purchase are subject to annual gross management D, and the annual gross foreign exchange settlement and purchase is equivalent to 50,000 US dollars per person per year. This facilitation quota follows the principle of actual needs and personal use. Citizens can use it for actual foreign exchange needs such as traveling and studying abroad, but it cannot be used for capital projects that have not yet been opened, such as buying a house overseas, trading stocks, and investing in dividend insurance. The annual total amount of individual settlement and sale of foreign exchange is a convenient quota arrangement, not a restriction on individual settlement and sale of foreign exchange. The reason for exceeding the quota.

Why is there an annual foreign exchange settlement limit of $50,000 for individuals? -:There is a foreign exchange settlement limit of $50,000 for registered individual accounts. However, $50,000 is not a small sum, which should meet the needs of most people. As for payment, there is no limit as long as the account is authenticated.

Is the quota of $50,000 per person per year 50,000 or 50,000 of the foreign exchange settlement and sale partners? -:It is a separate quota, that is, 50,000 yuan for foreign exchange settlement and 50,000 yuan for foreign exchange sale.

How much is the domestic settlement of foreign exchange a year? I know that the purchase of foreign exchange is 50 thousand. -:The foreign exchange settlement is also 50,000. If it exceeds 50,000, it is necessary to show relevant certificates, such as the tuition fee refunded by the school and the contract for selling houses abroad.

The individual's annual foreign exchange settlement quota is $50,000. How to settle foreign exchange if it exceeds the limit-:It is no problem to settle 50,000 US dollars at a time, but my settlement amount is directly used up. If you borrow foreign exchange again this year, there will be no way to settle foreign exchange. As for how to deal with more than 50 thousand dollars, there are the following schemes: 1 Direct settlement of foreign exchange with the quota of immediate family members; 2. Apple provides different bank cards when remitting money; 3. Go to the bank to withdraw cash and find someone who needs dollars to exchange it; 4. To settle foreign exchange through the foreign exchange settlement platform of pilot cities in cross-border electronic commerce (such as Chongqing), you only need to provide the corresponding remittance voucher to prove the source of funds, and there is no handling fee and there is no limit to settlement.

How do you understand foreign exchange, 50 thousand? -The legal basis is as follows: Article 2 of the General Rules of the SAFE documents clearly stipulates that the annual total amount management shall be implemented for the settlement of foreign exchange by individuals and the purchase of foreign exchange by domestic individuals. The annual total should be equivalent to 50,000 dollars per person per year. The State Administration of Foreign Exchange may adjust the annual total according to the balance of payments. The main reasons for China to control 50,000 yuan of foreign exchange are: 1, to prevent foreign currency from having a huge impact on the local currency and to prevent a large amount of foreign currency from flooding into China's financial market.

What should I do if my personal settlement exceeds $50,000 a year? -: 1. Use third-party foreign trade payment platforms, such as Western Union, Continuous Payment, PayPal, etc. 2. Find family, friends and colleagues to help you settle foreign exchange. 3. Call it a large-scale comprehensive foreign trade service enterprise. If the expansion data exceeds the annual limit, the following supporting materials can be provided: 1. Donation settlement: notarized donation agreement or contract. ...

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