In the RMB exchange business, individuals can entrust their immediate family members to handle the settlement of foreign exchange within the annual total amount, and they need to provide their identity documents, power of attorney and proof of their immediate family members; In other cases, it is necessary to provide the identity documents, power of attorney and required certification materials of both parties.
At present, banks in China can exchange 32 currencies at the counter, including US dollars, British pounds, euros, Hong Kong dollars, Singapore dollars, Japanese yen, Canadian dollars, Australian dollars, Swiss francs, Swedish krona, Danish krona, Norwegian krona, Macao patacas, new Taiwan dollars, New Zealand dollars and Philippine pesos.
Thai baht, Korean won, Russian ruble, Indonesian rupee, Indian Rupee, Brazilian real, Kazakh tenge, Vietnamese dong, Cambodian riel, Mongolian Tugrik, Nepalese rupee, Malaysian ringgit, Pakistani rupee and Brunei dollar.
China Bank provides individual customers with the business of converting their foreign currency into RMB according to the real-time quotation provided by the bank.
Personal large foreign currency cash settlement needs to verify the source certificate of foreign currency cash. If the accumulated equivalent amount on that day is less than $5,000 (inclusive), it can be handled directly at the bank. If it exceeds the above amount, it is necessary to supplement the proof of cash source.
Extended data
1. An individual may entrust his immediate family members to handle the settlement of foreign exchange within the total annual amount, and shall provide his identity certificate, power of attorney and proof of immediate family members. In other cases, it is necessary to provide the identity documents, power of attorney and required certification materials of both parties.
2. The annual total amount shall not be used across the Gregorian calendar year, and those unused or not used up in the previous year shall not be carried forward to the next year.
3. Personal small currency exchange, online booking and other products and services are only handled in some branches. For details, please refer to the information provided by China Bank outlets.
The procedures for individual settlement and sale of foreign exchange are as follows:
1. The customer submits materials to the bank and applies for purchasing foreign exchange.
2. The bank shall examine the authenticity and consistency of the materials purchased for foreign exchange, and shall not sell foreign exchange if they do not meet the requirements and are returned to customers.
3. If the materials meet the requirements, the bank logs into the personal foreign exchange purchase system of the State Administration of Foreign Exchange and enters the foreign exchange purchase information on the system as required, such as passport number, ID number, foreign exchange purchase amount and currency.
4. After entering the foreign exchange purchase information, you will be prompted whether there are any unwritten-off records.
5. If there is no write-off record, the bank will handle the write-off formalities for the customer first, otherwise it will not sell foreign exchange.
6. If there is no write-off record or after write-off, print out the "Notice of Purchase of Foreign Exchange".
7. Log in to the banking system and enter relevant foreign exchange purchase information.
8. Pay the customer after exchange at the foreign exchange rate of the day. The bank transmits the data and information of foreign exchange sale to the foreign exchange bureau through the personal foreign exchange purchase system.
Bank of China-Personal Settlement of Foreign Exchange
Baidu Encyclopedia-Personal Settlement and Sale of Foreign Exchange