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How do individuals convert RMB into US dollars?
RMB to USD: Just bring your valid certificate to the bank counter to exchange it.

Most domestic banks can exchange US dollars, but it doesn't mean that every business hall can exchange US dollars. If there is a brand or sign like "foreign currency exchange office" outside the bank, it means that this business hall of the bank can exchange dollars.

Foreign exchange purchase quota: 50,000. If the amount exceeds $50,000, you need to provide the actual use certificate to the bank.

Requirements for individual purchase of foreign exchange:

The "Application Form" requires that individuals purchase foreign exchange under the management of convenient quota (annual total), with real and legal transaction basis, and truthfully declare foreign exchange purchase information. The specific terms are as follows:

No false declaration of personal foreign exchange purchase information;

Shall not provide false certification materials;

Do not lend your own convenience bank to help others purchase foreign exchange;

Do not borrow other people's convenient lines to implement split purchase of foreign exchange;

It shall not be used for overseas capital projects such as buying houses, investing in securities, buying life insurance, and investing in dividend return insurance;

Do not participate in illegal activities such as money laundering, tax evasion, and underground banking transactions.