1. Handle the fund transfer business between individuals' different domestic and foreign currency accounts (including cash accounts and cash accounts, the same below) and their close relatives' domestic and foreign currency accounts in strict accordance with the relevant regulations of the People's Bank of China and the State Administration of Foreign Exchange.

(1) Transfer and remittance between individual customers' foreign exchange savings accounts must be handled with valid identity documents.

(2) Transfer and remittance between individual customers and their close relatives' foreign exchange savings accounts shall be handled with valid identity documents of both parties and proof of close relatives' relationship. Individuals who allow others to handle foreign currency remittance within the territory of China shall present the valid identity documents of the account owner and agent and the power of attorney of the client.

2. If the transfer accounts belong to domestic individuals and overseas individuals respectively, they shall be managed as cross-border transactions and conform to the provisions on foreign exchange remittance under current account.

3. Close relatives refer to spouses, parents, children, brothers and sisters, grandparents, grandparents, grandchildren and grandchildren. Explanatory materials for close relatives include household registration book, marriage certificate and birth certificate. If it is really impossible to provide explanatory materials for close relatives, it can be replaced by a letter of commitment from close relatives. When handling personal foreign exchange remittance business, banks should operate and manage personal foreign exchange remittance business in strict accordance with the existing policies and regulations formulated by the People's Bank of China, the China Banking Regulatory Commission and the State Administration of Foreign Exchange in a legal, compliant, safe and effective manner, so as to avoid being punished by the regulatory authorities for illegal operations and avoid reputation risks and economic losses.

4. Foreign currency cash cannot be transferred in China, which means "holding foreign currency cash".

5. Individual customers shall not transfer foreign exchange funds into the accounts of domestic companies, unless otherwise stipulated.

Due to business differences in individual regions, please enter the online customer service manual service or call the customer service hotline of China Bank at 95566 for manual consultation.

The above contents are for your reference. Please refer to the actual business regulations.

If you have any questions, please contact online customer service of Bank of China.

You are cordially invited to download and use China Bank Mobile Banking APP or China Bank Cross-border GO APP to handle related business.