1. The income of current account foreign exchange accounts comes from trade, services and other current account foreign exchange, such as foreign exchange settlement accounts, temporary accounts to be paid and overseas donation accounts. Current account foreign exchange accounts are divided into unit current account foreign exchange accounts and individual foreign exchange settlement accounts.
2. The income of foreign exchange account of capital account comes from foreign exchange of capital account, such as capital account, foreign debt account and foreign currency stock account of foreign-invested enterprises. Capital account foreign exchange accounts are divided into capital foreign exchange accounts and foreign debt accounts.
Personal foreign exchange settlement account refers to an account opened by individual foreign trade operators and individual industrial and commercial households in accordance with regulations for handling operating foreign exchange receipts and payments under current account.
Related concepts of personal foreign exchange settlement account
1. Purchase and settlement of foreign exchange in personal foreign exchange settlement account
The purchase and settlement of foreign exchange in an individual foreign exchange settlement account is not limited by the annual total amount, regardless of the amount, it can be handled with real trade documents.
2. Withdrawal of personal foreign exchange settlement account
Personal foreign exchange settlement account is a foreign exchange cash account, and cash withdrawal is not allowed. Interest will be calculated according to the interest-bearing method of demand deposits.
3. Transfer of funds between settlement account and savings account
According to the relevant regulations of the People's Bank of China and the State Administration of Foreign Exchange, the funds between your own foreign exchange settlement account and your foreign exchange savings account can be transferred, but the transfer from the foreign exchange savings account to the foreign exchange settlement account is limited to external payment on the day of transfer, and foreign exchange settlement is not allowed after transfer.
Applicable object
Personal foreign exchange settlement accounts are applicable to individual foreign trade operators and individual industrial and commercial households.
Submit a document
1. Application for opening a personal foreign exchange settlement account filled out by the applicant;
2. The original and photocopy of the applicant's valid identity certificate;
3. The original and photocopy of the industrial and commercial business license or other practicing certificate obtained according to law;
4 individual industrial and commercial households entrust enterprises with the right to operate foreign trade to act as import and export agents, and need to provide import and export agency contracts or agreements signed with enterprises;
5. Original and photocopy of organization code certificate;
6. If you have the right to operate foreign trade, you need to provide the original and photocopy of the Record Form for Foreign Trade Operation;
7. Seal card;
8. Other information required by the State Administration of Foreign Exchange and banks.
Foreign exchange accounts are classified as follows:
1: according to the nature of foreign exchange accounts or the source of foreign exchange funds, it can be divided into current account foreign exchange accounts and capital account foreign exchange accounts.
2. According to the functions of accounts, they can be divided into two categories: foreign exchange settlement accounts and special accounts.
3. According to the form of funds in the account, it can be divided into cash account and cash account.
4. According to the account opening period, it is divided into temporary account and long-term account.
5. According to the account opening area, it is divided into remote account and local account.
6. According to the account currency, it is divided into various freely convertible foreign currency accounts such as US dollar account, Hong Kong dollar account and Japanese yen account.