It's actually quite simple. Offshore account collects money, and transfers the offshore funds to the self-operated account for settlement of foreign exchange through online banking. Is it simple? Talk about whether there is any risk in the operation of self-employed foreign exchange settlement in Yiwu, Zhejiang Province, and how to conduct formal foreign exchange settlement through banks. First of all, you should prepare the following things to apply for Yiwu self-employed: 1. Provide scanned copies of the front and back of the ID card. 2. Company name (determined by industry and commerce). 3. Business scope (3). 4. Registration time: 3-5 working days to apply for an account opening permit at a bank in Yiwu. After the self-employed license is processed, I need to register and open an account in a bank in Yiwu. Convenient account opening for foreign customers: Agricultural Bank of China, Chouzhou Commercial Bank and both banks can open accounts with branches in several cities. You don't need to go to Yiwu, you can sign in person at the local branch; We have branches in Shanghai, Hangzhou, Fuzhou, Shenzhen, Guangzhou and Chengdu.