Netizen asked: What conditions and information are needed to open a foreign exchange account? The lawyer replied: 1. Conditions for opening a current account foreign exchange account: domestic institutions (excluding financial institutions) that meet one of the following conditions stipulated by China's State Administration of Foreign Exchange may apply to the local State Administration of Foreign Exchange and its branches (hereinafter referred to as the foreign exchange bureau) for opening a current account foreign exchange account: 1) With the approval of the administrative department, they have foreign-related operation rights or current account foreign exchange income; (two) donations, aid, international postal remittances and other foreign exchange income with special sources and designated purposes. 2. Conditions for opening foreign exchange accounts for capital projects The State Administration of Foreign Exchange stipulates that foreign exchange accounts can be opened for the following capital projects to retain foreign exchange: (1) foreign debts borrowed by domestic institutions, foreign debts transferred to loans and foreign exchange loans from domestic Chinese-funded financial institutions; (2) Foreign exchange used by domestic institutions to repay the principal of foreign exchange debts at home and abroad; (3) Income from stock issuance of domestic institutions in foreign exchange; (4) Capital invested in foreign exchange by Chinese and foreign investors of foreign-invested enterprises; (5) Foreign exchange remitted by overseas legal persons or natural persons for the establishment of foreign-invested enterprises; (6) Foreign exchange from the realization of the assets stock of domestic institutions; (seven) foreign legal persons or natural persons to buy and sell B shares in the territory of foreign exchange; (8) Foreign exchange for other capital projects approved by the foreign exchange bureau. 3. The domestic institution shall apply to the local foreign exchange bureau for opening a current account with the following materials: (1) Application for opening a current account; (2) The original and photocopy of valid certificates such as business license or association registration certificate; (3) The original and photocopy of the License for Foreign-related Business or the Foreign Exchange Registration Certificate for Foreign-invested Enterprises issued by the administrative department, or the proof of foreign exchange income of current account; (4) Original and photocopy of organization code certificate; (5) Other materials required by the foreign exchange bureau.