Chapter IV Administration of Verification of Foreign Exchange Receipt and Payment in Border Trade Article 17 Where a border trade enterprise settles foreign exchange in freely convertible currencies and currencies of neighboring countries, it shall fill in the Verification Form of Import Payment of Foreign Exchange, and handle import payment in accordance with the Interim Measures for the Supervision of Verification of Import Payment of Foreign Exchange and other relevant regulations. Whether it is paid overseas, it is paid to the current account foreign exchange account opened by overseas trade institutions in banks in China's border areas or the border trade account of neighboring countries. ? Article 18 Where the import of a border trade enterprise needs to be settled in RMB, and the other party is a local enterprise that has signed a bilateral local currency payment agreement with China, the border trade enterprise shall fill in the Verification Sheet of Foreign Exchange Payment for Trade Import (customs declaration form) and go through the verification procedures of foreign exchange payment for import in accordance with the Interim Measures for the Supervision of Verification of Foreign Exchange Payment for Trade Import and other relevant regulations. ? Article 19 Where a border trade enterprise needs to pay the payment to a special RMB border trade settlement account opened by an overseas trade institution in a bank in China's border areas, the receiving bank shall go through the formalities of RMB entry with the contract provided by the overseas trade institution, the customs declaration form of the border trade enterprise and other documents. After completing the entry formalities, the receiving bank shall make payment at China Electronic Port &; #0; Check the import payment system in time or report the situation to the local foreign exchange bureau. ? Article 20 The foreign exchange bureaus and banks shall, after going through the formalities for verification of import payment of foreign exchange for border trade enterprises, check and close the corresponding import declaration forms in the "China Electronic Port Import Payment System" in a timely manner in accordance with relevant regulations. ? Article 21 border trade enterprises shall apply to the foreign exchange bureau for verification of export proceeds in accordance with the provisions on the administration of verification of export proceeds, and go through the formalities of export declaration and collection. The verification of export proceeds shall be handled in accordance with the following provisions: (1) If the settlement is made in freely convertible currency in cash, the border trade enterprises shall handle the verification of export proceeds in accordance with the Administrative Measures for Verification of Export Proceeds, the Implementation Rules for the Administrative Measures for Verification of Export Proceeds and other relevant provisions. ? (2) In case of cash settlement in freely convertible currency, the border trade enterprise shall go through the formalities of verification of export proceeds with the declaration form of export goods, the verification form of export proceeds, the foreign currency cash settlement memo issued by the bank and the purchase invoice. (3) If the settlement is made in the currency of a neighboring country, the border trade enterprise shall go through the formalities of verification of export proceeds by presenting the Customs Declaration Form for Export Goods, the Verification Form for Export Proceeds and the Import Declaration Form for Currency and Cash of a neighboring country or the remittance voucher issued by the bank. ? (4) For settlement in RMB, the border trade enterprises shall go through the formalities of verification of export proceeds with the declaration form of export goods, the verification form of export proceeds and the RMB remittance voucher (in areas where foreign trade institutions have opened special accounts for RMB border trade settlement, enterprises may go through the formalities of verification of export proceeds with the domestic RMB fund transfer voucher). ? (5) If the payment for goods is recovered from the current account foreign exchange accounts opened by overseas trade institutions in banks in China's border areas or the border trade currency accounts of neighboring countries, the border trade enterprises shall go through the formalities of verification of export proceeds by presenting the declaration form of export goods, the verification form of export proceeds and the proof of capital transfer of the paying bank. ? (6) Where foreign exchange is recovered by personal remittance of domestic residents, the border trade enterprise shall go through the formalities of verification of export proceeds with the Export Goods Declaration Form, the Verification Form of Export Proceeds and the Verification Form of Export Proceeds. ? (7) If the settlement is made by barter trade, the border trade enterprise shall go through the formalities of verification of export proceeds with the documents such as the verification form of export proceeds, the customs declaration form of export goods and the customs declaration form of import goods. ? Article 22 The foreign exchange bureau shall issue a "Special Seal for Tax Refund of Export Receipt Verification" to the border trade enterprises after handling the verification procedures for the border trade enterprises, and indicate the currency and amount of verification in the remarks column. ? Article 23 The foreign exchange bureau shall, in accordance with the Measures for the Administration of Verification of Export Receipts, the Detailed Rules for the Implementation of the Measures for the Administration of Verification of Export Receipts and the provisions of these Measures, handle the formalities for verification of export receipts and verification of export receipts for border trade enterprises, and assess their export receipts as required. ? Twenty-fourth foreign exchange bureaus in border areas shall strengthen the statistical analysis of border trade and timely summarize the border trade situation within their respective jurisdictions. Each branch office shall submit the statistical table of the import, export and verification of small-scale border trade last month (see attached table) to the State Administration of Foreign Exchange within 10 working days before each month.