Current location - Loan Platform Complete Network - Foreign exchange account opening - The amount of foreign-related income and expenditure for private purposes is exempt from reporting below the limit.
The amount of foreign-related income and expenditure for private purposes is exempt from reporting below the limit.
Under $5,000 (inclusive).

At present, only private foreign-related income and expenditure with an equivalent value of less than US$ 5,000 are exempted from reporting quotas, except for the money received by domestic non-resident individuals from abroad through domestic banks.

Foreign-related receipts and payments refer to the receipts and payments from overseas by non-bank institutions and individuals through domestic banks, and the domestic receipts and payments between domestic residents and domestic non-residents through domestic banks.