Foreign currency is the creditor's rights held by monetary authorities in the form of bank deposits, treasury bonds of the Ministry of Finance and long short-term government bonds. Can be used when the balance of payments is in deficit.
How to transfer foreign exchange from one bank to another?
However, it is only between the accounts with the same name and the accounts of immediate family members, that is to say, as long as they are both their own accounts, or between their own accounts and their parents' accounts, they can be handled at the bank counter with their ID cards and bank cards.
Note: Banks can accept the transfer business in the name of domestic residents' personal foreign exchange accounts (including cash accounts and cash accounts) and between themselves and their immediate family members, but they cannot accept the transfer business between themselves and others other than their immediate family members.
When handling foreign exchange remittance, please pay attention to the following provisions of the foreign exchange bureau:
1. The name of the payee of foreign exchange remittance must be the same as the name of the remitter, or the remitter's immediate family. If the payee's name is different from the remitter's name, proof that the payee and the remitter are immediate family members, including spouse, father (mother) and son (daughter). The certificate is as follows:
(1) If the payee and the remitter are in the same household registration book, show the household registration book.
(2) If the payee and the remitter are not in the same household register, notarization or authentication documents issued by authorized institutions such as notary department or police station shall be provided to prove that the payee and the remitter are indeed immediate family members.
2. The nature of foreign exchange remittance collection account and payment account in the same city must be consistent, that is, the nature of banknotes/remittances before and after the transfer of funds remains unchanged.
The specific remittance method is the same as RMB, but it seems to be more troublesome to do.