Individuals can open foreign exchange savings accounts in banks with valid identity documents. The income and expenditure scope of foreign exchange savings accounts is non-operating foreign exchange income and expenditure, and the transfer of funds between foreign exchange savings accounts of the same subject category between myself or his immediate family members. Joint foreign exchange savings accounts opened by domestic individuals and overseas individuals shall be managed according to domestic individual foreign exchange savings accounts. When opening a foreign exchange savings account in a bank, an individual shall present his/her valid identity certificate, and the name of the account to be opened shall be consistent with the name recorded in his/her valid identity certificate.