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Why did the Australian dollar international remittance turn into US dollars in China Bank?
For remittance with payee account, the principle of China Bank is: if the remittance currency is the same as the payee account currency in the payment instruction, it will be recorded directly in the original currency; If the remittance currency is foreign currency, and the payee's account currency in the payment instruction is RMB, according to the relevant regulations of the State Administration of Foreign Exchange, the foreign exchange will be settled for the customer at the real-time foreign exchange rate; If the remittance currency is foreign currency, the payee's account currency in the payment instruction is another foreign currency, which is calculated and recorded for the customer according to the real-time foreign exchange rate.

The above contents are for your reference. Please refer to the actual business regulations.

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