But this is for the company, not for the individual. It is applicable to institutional clients such as enterprise legal persons, enterprise legal persons, public institutions legal persons and social organizations that are legally registered in People's Republic of China (PRC) (excluding Hong Kong, Macao and Taiwan) and have their own foreign exchange settlement and sale needs, as well as overseas financial institutions such as commercial banks, insurance companies, securities companies and fund management companies that are legally registered in the domestic interbank market or other approved markets and invest in RMB funds and finance.