The currencies of foreign currency savings deposits in China banks are: US dollars, Hong Kong dollars, British pounds, euros, Japanese yen, Canadian dollars, Australian dollars, Swiss francs, Singapore dollars, Macao dollars (Guangdong province only) and Korean won (Jilin province only).
2. Types of foreign currency savings deposits
Personal foreign exchange deposits provided by banks in China can be divided into demand deposits, time deposits, call deposits and other deposits approved by regulatory authorities. Time deposits are divided into five grades: one month, three months, six months, one year and two years.
The above deposits are divided into cash accounts and cash accounts. You can choose a variety of deposit methods, such as ordinary current passbook, current all-in-one, fixed all-in-one, time deposit certificate, etc.
3. Withdrawal transaction
Withdrawing cash from the foreign exchange savings account, if the cumulative equivalent value of that day is less than $6,543,800+0,000 (inclusive), can be handled directly at the bank; If the amount exceeds the above amount, please report to the foreign exchange bureau where the bank is located in advance with your valid identity certificate, proof of withdrawal purpose and other materials. The bank will handle the formalities of withdrawing foreign currency cash for you with my valid identity certificate and the Record Form for Withdrawing Foreign Currency Cash signed by the foreign exchange bureau.
If you need to withdraw the foreign currency cash equivalent to 654.38+00,000 USD or more, please inform the bank at least one day in advance so that the bank can prepare for cash payment.
4. Deposit transactions
Individuals can deposit foreign currency cash into a foreign exchange savings account with a cumulative equivalent of less than $5,000 on the same day, which can be handled directly at the bank; If the amount exceeds the above amount, I will go to the bank with my valid identity certificate, the Declaration Form for Luggage and Articles of Entry Passengers of People's Republic of China (PRC) and China Customs signed by the customs, or the foreign currency cash withdrawal document of my original bank. The bank shall indicate the name of the deposit bank, the deposit amount and the deposit date on the relevant documents.
The detailed rules do not include the deposit and withdrawal of foreign currency cash in the system, nor do they make specific provisions on manual control, but the policy provisions should still be implemented. Therefore, tellers are required to check whether the cards and discounts provided by customers exceed the limit on the same day before handling foreign currency cash deposit and withdrawal business, so as to prevent customers from handling deposit and withdrawal business at multiple bank outlets, different tellers at the same business outlet or even the same teller at different times.
1, foreign currency cash deposit problem. According to the "Detailed Rules for the Implementation of the Measures for the Administration of Personal Foreign Exchange", it is required to provide the withdrawal voucher of the original bank and endorse it when depositing foreign currency cash with the equivalent value of more than 5,000 US dollars every day. However, in practice, if the original passbook is used to withdraw money without the customer's receipt, it is impossible to endorse it, so even if the cash that the customer wants to deposit is actually taken out of the bank, it is difficult to handle it. After checking the foreign currency withdrawal amount correctly, most people generally do not keep the foreign currency withdrawal documents of the original bank, which will also cause some trouble in the future.
2. Personal cash withdrawal in foreign currency. According to the Detailed Rules for the Implementation of the Measures for the Administration of Personal Foreign Exchange, the daily cumulative withdrawal of foreign currency cash with the equivalent value of 1 0,000 USD or more shall be filed with the foreign exchange bureau in advance. However, in practice, if customers have multiple bank cards, passbooks and certificates of deposit, it is difficult to withdraw foreign currency cash at different business outlets or even different financial institutions. If the same customer handles transactions in different business outlets of the same bank or between different tellers of the same business outlet on the same day, how to coordinate between tellers; How to avoid excess for the same teller in different time periods on the same day; The "Detailed Rules" did not bring the automatic control of foreign currency cash deposit and withdrawal into the system, nor did it make specific provisions on manual control, which led to policy risks in the operation.
3. There is no linkage between the personal foreign exchange settlement and sale system and the banking system, so manual entry is inefficient. If the teller does not strictly follow the process or makes mistakes, he may miss or make mistakes, resulting in the excess of actual foreign exchange settlement and sale.