Introduction:
Foreign currency exchange is business that our Bank purchase foreign currency cash to pay RMB or purchase RMB to pay foreign currency cash in accordance with regulations of SAFE.
Feature:
Foreign currencies the Bank deals with are specified as USD, JPY, EUR, etc.
Service object:
Domestic and overseas individual can exchange foreign currency to the Bank with his own ID card or passport.
Business process:
Accumulative withdrawal of foreign currency less than equivalent 10,000.00 US dollars, individuals could deal with it in the counter directly; for withdrawal above such amount, individuals shall report to local SAFE with his own valid ID card and certifying documents.