There is no limit to the amount of foreign currency that banks can exchange, only the maximum amount. Each person can exchange up to $65,438+$00,000 per day and up to $50,000 per year.

1. Product name: foreign currency exchange

2. Product Description: Use the internationally convertible foreign currency you currently hold to convert it into RMB or other freely convertible foreign currencies you need at all branches of Bank of China.

3. Product features: At present, there are rich convertible currencies: 17 currencies: British pound, Hong Kong dollar, US dollar, Swiss franc, Singapore dollar, Swedish krona, Norwegian krona, Japanese yen, Danish krona, Canadian dollar, Australian dollar, euro, Philippine peso, Thai baht, Korean won, Macao pataca and new Taiwan dollar.

4. Handling process: the customer shall handle it with his/her valid ID, fill in relevant documents and pay cash. Valid identification documents include: my ID card (China citizen, household registration book (/kloc-China citizen under 0/6), military ID card (China People's Liberation Army), Armed Police ID card (China People's Armed Police), Hong Kong and Macao residents' mainland travel permit (Hong Kong and Macao residents), mainland travel permit for taiwan residents (Taiwan Province residents) and passport (foreign citizens).

5. Remittance refund procedures: If an overseas individual has not used up the original RMB exchange, he/she can apply for remittance refund with his/her valid identity certificate and the original exchange memo of China Bank. The validity of the original exchange memo is 24 months from the exchange date. For the exchange of less than the equivalent of $500 (inclusive) and the equivalent of 1000 (inclusive) before leaving the country, I can handle it with my valid identity document.