Individual settlement and sale of foreign exchange

Personal Business

Foreign Exchange Quotation

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Individual settlement and sale of foreign exchange

Outward Remittance

Individual settlement and sale of foreign exchange

Business name

Individual settlement and sale of foreign exchange

Service description

Individual foreign exchange purchase refers to the exchange of RMB into foreign currency provided by Ping An Bank to individual customers according to the real-time quotation provided by the bank.The business of.

Individual foreign exchange settlement refers to the conversion of foreign currencies into RMB provided by Ping An Bank to individual customers according to the real-time quotation provided by the bank.The business of.

Product features

1. Our bank can provide up to 9 kinds of foreign currency exchange services, including US dollar, Hong Kong dollar and Japanese yen.GBP, EUR, CAD, AUD, SGD and CHF.

2. The service ability is in the lead. All branches of our bank in China can handle the business of individual settlement and sale of foreign exchange. The outlets have sufficient banknotes and complete denominations.It is specially equipped with a certain proportion of change to meet your overseas small consumption needs.

Handling channels

banking and mobile banking are fully supported.

Regulatory tips

The individual settlement and sale of foreign exchange shall comply with the national foreign exchange control policies, and the relevant provisions are summarized as follows:

I. Use of Funds

Purchase of foreign exchange under current account by domestic individuals can be used for: tuition fees for study abroad at one's own expense, living expenses, outbound travel, business investigation, and family visitFriends, overseas medical treatment, pilgrimage, overseas training, employment, international exchanges, overseas settlement, overseas labor services, overseas mail order fees,Payment of membership fees of international organizations, assistance to immediate family members abroad, overseas consultation, and other current account related expenses.

Foreign exchange funds purchased by overseas individuals under current account are limited to: legitimate RMB income under current account obtained in China;The unused RMB in the original exchange shall be converted back into foreign currency cash.

The purchase of foreign exchange under individual capital account shall be handled after the examination and approval of the foreign exchange Bureau.

II. Transaction Subject and Amount Requirements

Domestic residents	overseas residents
Foreign exchange settlement: equivalent to USD 50,000 per person per year Foreign exchange purchase: equivalent to USD 50,000 per person per year The purchase and settlement of foreign exchange within the total amount of the year may be entrusted to their lineal relatives;If it exceeds the total annual amount, it may entrust others to handle it on the basis of relevant certification materials.	Settlement of foreign exchange: the equivalent of USD 50,000 per person per year, and the settlement of foreign exchange within the total amount of the year can be entrusted to their immediate family members;If it exceeds the total annual amount, it may entrust others to handle it on the basis of relevant certification materials. Purchase of foreign exchange: no limit, but only for the redemption of RMB that is not used up after the settlement of domestic legitimate RMB income or cash.It is necessary to provide information proof one by one. It can be entrusted to others on the basis of relevant certification materials.

Domestic residents

overseas residents

Foreign exchange settlement: equivalent to USD 50,000 per person per year

Foreign exchange purchase: equivalent to USD 50,000 per person per year

The purchase and settlement of foreign exchange within the total amount of the year may be entrusted to their lineal relatives;If it exceeds the total annual amount, it may entrust others to handle it on the basis of relevant certification materials.

Settlement of foreign exchange: the equivalent of USD 50,000 per person per year, and the settlement of foreign exchange within the total amount of the year can be entrusted to their immediate family members;If it exceeds the total annual amount, it may entrust others to handle it on the basis of relevant certification materials.

Purchase of foreign exchange: no limit, but only for the redemption of RMB that is not used up after the settlement of domestic legitimate RMB income or cash.It is necessary to provide information proof one by one. It can be entrusted to others on the basis of relevant certification materials.

III. Authentic vouchers required for the purchase of foreign exchange in excess of the quota

Purpose of use	Provide at least the following authentic evidence
Tuition and living expenses for studying abroad at one's own expense	My private passport and valid visa (or endorsement);Admission notice from overseas schools (no need to provide tuition fees or living expenses after the second academic year or semester);Certificate of tuition fee or living expenses for the corresponding year or semester of the overseas school
Overseas medical treatment	Personal passport and valid visa (or endorsement); certificate issued by domestic hospital, with doctor's opinion attached;Expense certificate issued by the overseas hospital
Overseas training	Personal passport and valid visa (or endorsement); proof of overseas training expenses
Payment of membership fees to international organizations abroad	Overseas International Organization Payment Notice
Assistance for immediate family members abroad	The certificate of kinship issued by the relevant department or notary institution; the relevant supporting materials for the rescue
Overseas mail order	Charging vouchers such as advertisements or orders, and online downloads
Overseas consultation	Contract (agreement), invoice (payment notice), tax certificate, etc.

Warm tips

1. Individuals may entrust their immediate relatives to handle the purchase of foreign exchange within the annual total amount.The identity documents, power of attorney and proof of immediate family relationship of both parties shall be provided;In other cases, the identity documents, authorization letters and required certification materials of both parties shall be provided.

2. The total annual amount shall not be used across the Gregorian calendar year, and the unused or unused amount of the previous year shall not be transferred to the next year for use.

Tips on Precautions for Purchasing Foreign Exchange

The foreign exchange purchased by individuals may be deposited into their own domestic foreign exchange accounts, remitted abroad, or withdrawn in foreign currency cash.Individuals who withdraw foreign currency cash with a cumulative equivalent of less than 10000 US dollars (including 10000 US dollars) on the same day can handle it directly in the bank;If the amount exceeds the above-mentioned amount, they shall report to the local foreign exchange Bureau with their identity documents and materials for the purpose of withdrawing banknotes.The bank shall handle the matter for the individual on the strength of the relevant certificate issued by the foreign exchange Bureau.