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How do domestic companies open US dollar accounts?
Domestic companies must have import and export rights if they want to apply for a US dollar account. First, go to the State Administration of Foreign Exchange for the record and obtain the certificate that the enterprises registered by the Ministry of Foreign Trade and Economic Cooperation have the right to operate import and export. After filling in the Application Form for Approved Limit of Foreign Exchange Settlement Account and the Approval Letter for Opening a Foreign Exchange Account, it is also necessary to submit the relevant qualification documents and basic information documents of the company.

How does the company open a US dollar account?

The specific procedures and preparation materials for domestic companies to open US dollar accounts are as follows:

1. Verify the financial status of the company, and there shall be no violation of laws and regulations within 2 years;

2. Go to the business department for registration;

3 to the State Administration of foreign exchange for the record, and obtain the certificate that the enterprise registered by the foreign trade department enjoys the right to operate import and export;

4. Fill in and submit the Application Form for the Approved Limit of Foreign Exchange Settlement Account and the Approval Letter for Opening a Foreign Exchange Account;

5. Materials to be prepared include company business license, contract, organization code certificate, tax registration certificate and seal card;

6. Submit the application materials and wait for the bank's review;

7. After being approved by the bank, the company must abide by the relevant regulations on the use of US dollar accounts by banks.