Residents cannot exchange more than $50,000 a year. With regard to personal foreign exchange management, the measures for personal foreign exchange management and the detailed rules for the implementation of the measures for personal foreign exchange management are currently implemented. According to the provisions of Article 30 of the Implementing Rules: individuals who withdraw foreign currency cash on the same day with a cumulative equivalent of less than $65,438+0,000 yuan (inclusive) can directly handle it at the bank; If it exceeds the above amount, it shall report to the foreign exchange bureau where the bank is located in advance with my valid identity certificate, proof of withdrawal purpose and other materials. The bank shall go through the formalities of withdrawing foreign currency cash for individuals with my valid identity certificate and the Record Form for Withdrawing Foreign Currency Cash signed by the foreign exchange bureau.

1. foreign currency, in English, is the creditor's rights held by monetary management organs (central bank, monetary management institutions, foreign exchange stabilization fund, Ministry of Finance) in the form of bank deposits, treasury bonds, long-term and short-term government securities, etc. Can be used when the balance of payments is in deficit.

Including foreign currency, foreign currency deposits, foreign currency securities (treasury bonds, treasury bonds, corporate bonds, stocks, etc.). ) and foreign currency payment vouchers (bills, bank deposit vouchers, postal savings vouchers, etc.). ). By 20 15, China ranked first in the foreign exchange reserves of governments all over the world. The United States, Japan, Germany and other countries have a large number of private foreign exchange reserves, and the overall foreign exchange reserves of the country are much higher than that of China. Foreign exchange, called foreign currency in English, is a creditor's right held by monetary management organs (central bank, monetary management institution, foreign exchange stabilization fund and Ministry of Finance) in the form of bank deposits, treasury bonds and long-term and short-term government securities. Can be used when the balance of payments is in deficit. Including foreign currency, foreign currency deposits, foreign currency securities (treasury bonds, treasury bonds, corporate bonds, stocks, etc.). ) and foreign currency payment vouchers (bills, bank deposit vouchers, postal savings vouchers, etc.). ). By 20 15, China ranked first in the foreign exchange reserves of governments all over the world. The United States, Japan, Germany and other countries have a large number of private foreign exchange reserves, and the overall foreign exchange reserves of the country are much higher than that of China.

2. Foreign exchange is a system of foreign exchange trading and foreign exchange speculation. With the progress of science and technology, foreign exchange quotation, inquiry, purchase, sales, delivery and settlement are all carried out through computer networks, making transactions increasingly electronic and networked. Therefore, we say that foreign exchange is an invisible market and a paperless market for computers.