Foreign learning tracking theory

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Studying in Germany, many international students are going abroad for the first time, so they are confused about sending money abroad and carrying a lot of money abroad. How to remit the cost of studying in Germany? Let's take a look at the contents of the introduction of studying abroad by Bian Xiao Tiandao.

Studying in Germany

If the foreign exchange deposit account of a domestic resident is a cash deposit account, or the foreign exchange income is an overseas remittance (excluding cash), it is not easy to convert the cash deposit account into a cash account or withdraw the overseas remittance to open a cash deposit account again, because there are great differences between the two accounts in foreign exchange management. If you don't pay attention to the difference, it may cause personal injury or difficulty in use, specifically:

1, deposit remittance

For the remittance of foreign exchange deposits, the audit of bank bill accounts is stricter than that of remittance accounts. If the remittance from the remittance account is less than $654.38+00,000 yuan at a time, it can be handled directly in the bank, but the limit of the bank voucher account is less than $2,000. One-time remittance of USD 65,438+0-50,000 from the foreign exchange account shall be examined by the local foreign exchange bureau; If the cash account is $200,000-1 10,000, it shall be audited by the local foreign exchange bureau. Remittance of US$ 50,000 at a time shall be transferred from the local foreign exchange bureau to the State Administration of Foreign Exchange for review; Those exceeding USD 6,543,800+0,000 shall be handed over to the State Administration of Foreign Exchange for review.

2. Exchange rate loss of cash exchange

If you think it is risky and inconvenient to carry too much cash at a time and want to remit money through the bank, then go to the bank to remit money after completing the above review procedures. The bank should buy your cash at the current price first and then sell it to you at the current price. For example,1October 28th 10, the cash purchase price of China Bank is 1: 8.2655438+0, but the cash purchase price is 8.0706. If you are on this day, China Bank will remit $65,438+000 in cash. First, Bank of China will buy your 100 USD at the cash purchase price. Your $ 100 will become RMB 807.06. Then, the Bank of China will sell you $8.2899 in cash at the cash/cash selling price. Your 100 USD will become 97.35 USD.

Step 3 take cash out of the country

If you think the loss of remittance after cash is converted into cash is too great, I will take some risks and take it all with me. According to the regulations on the administration of entry and exit foreign exchange, those who carry more than 2000 US dollars in cash need to apply for an exit foreign exchange license. If it exceeds US$ 4,000, it shall be approved by the local foreign exchange bureau; If it exceeds 1 10,000 USD, it is generally not approved by the foreign exchange bureau in accordance with the Regulations on the Administration of Foreign Exchange Import and Export. What needs special reminder is that if you want to open a foreign exchange trading account in several banks, don't try to deposit money into a new account opened by the SAFE, and don't handle the transfer of foreign exchange accounts patiently.