China's foreign exchange settlement is limited. According to the regulations of the State Administration of Foreign Exchange, the amount of foreign exchange settlement for each domestic resident is $50,000, and if it exceeds $50,000, it must be filed.

Settlement of foreign exchange refers to the settlement of purchase and sale of foreign exchange by enterprises or individuals according to the exchange rate. According to the needs of import business, professional import and export companies buy foreign exchange from professional foreign exchange banks in their own currency according to the foreign exchange quotation published by the state, or sell the foreign exchange obtained from export to foreign exchange banks at the quotation price and convert it into their own currency. This behavior is called foreign trade settlement. China's foreign exchange quotation regulations are published daily by the Bank of China, and foreign exchange management is also carried out by the Bank of China. There are buying price and selling price. The selling price is higher than the buying price, and the difference between them is the handling fee of bank exchange, or exchange income.

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