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How do Chinese banks purchase foreign exchange in different places?
China Bank's procedures for purchasing foreign exchange:

1. You can handle business with valid identity documents. According to the nature and amount of business, it is necessary to provide other certification materials except valid identity documents in accordance with the management system of foreign exchange settlement and sale.

2. BOC handles the foreign exchange settlement and sale business according to the real-time quotation published on the same day.

3. You can use your account or cash to settle and sell foreign exchange in China Bank. In order to save your time, I suggest you make an appointment with the Bank of China in advance, so as to prepare enough foreign currency for you in advance.

The above contents are for your reference. Please refer to the actual business regulations.

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