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Foreign Exchange Account

Accounts opened in aim of free currency exchange by domestic institutions (foreign-invested enterprises included), institutions stationed in China, individuals and foreigners come to China.
Based on the nature, it is divided into current foreign exchange account and capital foreign exchange account; based on the form of fund, it is divided into foreign cash deposit account and foreign exchange account.
Service object:
Corporations and individuals approved by SAFE to open accounts.
Business process:
Corporate customers shall register in SAFE with the application, business license and other valid documents required by SAFE. Our bank opens accounts after customers submit application and necessary documents.