Foreign exchange originally refers to foreign exchange certificates issued twice in China before 1970s and between 1979 and 1994. 1994 abolished foreign exchange certificates again, and according to 1961the State Council Order No.93 issued on October 29th, foreign exchange refers to "means of payment and assets expressed in foreign currency that can be used for international settlement".
The rights and interests of both parties engaged in foreign exchange deposit transactions without authorization are not protected by law. Organizing and participating in such transactions is illegal foreign exchange business, and it belongs to buying and selling foreign exchange without authorization. Buying and selling foreign exchange without permission, buying and selling foreign exchange in disguised form, buying and selling foreign exchange in reverse, or illegally introducing and selling foreign exchange in a large amount, shall be given a warning by the foreign exchange administration organs, the illegal income shall be confiscated, and a fine of less than 30% of the illegal amount shall be imposed; If the circumstances are serious, a fine of not less than 30% of the illegal amount but not more than the equivalent value shall be imposed; If a crime is constituted, criminal responsibility shall be investigated according to law.
Routine of foreign exchange write-off
1, confuse the real with the fake
According to the estimation of relevant parties, there are about 1 billion yuan of counterfeit banknotes in the world, of which 1 billion yuan has entered the circulation field. The counterfeit banknotes found in China mainly include: counterfeit banknotes printed in batches by machines, counterfeit banknotes with rewritten face values, altered counterfeit banknotes, and old banknotes that have been banned from circulation.
Step 2 steal the beam and replace the column
Some foreign exchange swindlers take advantage of people's high trust in banks and offer not to trade cash, but to deposit money in banks with each other and then exchange passbooks. This can easily make some people who were originally wary lose their vigilance.
Step 3 administer anesthesia
Some swindlers inject narcotics into cigarettes or drinks, and after being selected as the target of fraud, they will try their best to befriend each other, induce them to smoke or drink, and then persuade them to exchange RMB for their own foreign currency when the other party applies for being drugged. These so-called foreign currencies are all fake or non-convertible currencies. At present, such cases have occurred in Guangxi, Fujian, Hubei, Jiangxi and other places.