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/kloc-How do individuals below 0/8 purchase foreign exchange?
16 years old, as long as I hold my ID card to the bank to apply for an industrial and commercial bank card, I can settle and sell foreign exchange online or purchase foreign exchange at the foreign exchange business window at the bank counter. Domestic residents can buy foreign exchange for private use only by showing their personal identity cards to the bank. There is no need to provide some cumbersome documents such as passports for endorsement in tourist countries, as in the early years.

However, it should be noted that the new policy stipulates that each person can withdraw no more than the equivalent of $2,000 in foreign currency cash each time he purchases foreign exchange. In addition to cash withdrawal, citizens can directly remit the purchased foreign exchange abroad, or take it out by draft, traveler's check, credit card, etc.

Of course, you can also deposit it in your foreign exchange account.

Generally speaking, it is more convenient and cheaper to carry money orders when studying abroad. If the amount is large or you are in a hurry to use money, telegraphic transfer is not only fast but also safe; If you want to travel overseas or engage in business activities, then bring.

It is convenient and safe to bring traveler's checks or use credit cards.