According to the regulations of the State Administration of Foreign Exchange, the designation of individual foreign exchange business of domestic residents shall be handled by the Bank of China. Residents can purchase foreign exchange at BOC branches under the following circumstances: 1, travel abroad, visit relatives and friends to settle foreign exchange; Convertible to Hong Kong and Macao 1000 USD, or equivalent 1000 USD; Going to countries and regions outside Hong Kong and Macao (including Taiwan Province Province) can be exchanged for $2,000 or $2,000. Those who study abroad at their own expense or go abroad for medical treatment at their own expense can exchange US$ 2,000 or its equivalent in foreign exchange at one time when leaving the country;
2. Individual residents leave the country at their own expense to participate in international academic activities and be employed to teach. If the inviter does not bear the pocket money for travel, they will exchange money according to the standard of going abroad to visit relatives;
3. Individual residents pay the membership fees of international academic organizations and exchange foreign exchange for remittance according to the standards set by their academic organizations; Individual residents who use foreign exchange for special purposes, such as drugs and medical devices, by mail order from abroad can exchange the equivalent foreign exchange within the range of 65,438 US dollars+0,000 US dollars or 65,438 US dollars+0,000 US dollars;
4. Special foreign exchange for illness, death, accidents and other disasters of overseas immediate family members of individual residents can be converted into 1 ,000 US dollars, or the equivalent foreign exchange of 1 ,000 US dollars can be remitted;
5. Foreigners, compatriots from Hong Kong, Macao and Taiwan who have lived in China for more than 1 year, and other articles for their own use brought from abroad or purchased in China, can be converted into RMB 1 000, or equivalent foreign exchange 1 000;
6./kloc-If children under 0/4 leave the country, the foreign exchange payment standard will be halved. If it exceeds the above foreign exchange standards, it shall apply to the State Administration of Foreign Exchange.
Second, matters needing attention:
When you exchange money with the bank, you need to bring all relevant materials. Residents traveling, visiting relatives, studying abroad and seeking medical treatment must bring their passports and exit certificates with valid entry visas to the country in addition to their household registration certificates and work unit certificates. ?
Third, special circumstances:
Residents can only exchange foreign exchange once a year during the validity period, no matter how many times they go back and forth. Going abroad on business can only be exchanged once a year within the validity period, and it is also handled at the Bank of China. The limit is $200, or the equivalent foreign exchange of $200. Anyone who purchases foreign exchange abroad for private purposes must go through the formalities before leaving the country and will not be reissued afterwards. No matter where residents apply for passports and visas, they must purchase foreign exchange at the branch of China Bank where their household registration is located.