Product name
Personal foreign exchange savings account
Product description
Currency of deposit
The currencies in which savings in foreign currencies are deposited in chinese banks include the united states dollar, the euro, the japanese yen, hong kong currency, the pound sterling, the canadian dollar, the australian dollar, the swiss franc, the singapore dollar, the macao dollar, the korean won, the russian ruby, the new zealand dollar, the danish kronor, the norwegian kronor, the swedish krone, the south african rupee, the thai baht, the indonesian rupees, the philippine peso, the brazilian reyal, the new tai currency, the malaysian lynjit and the indian rupees。
Deposit accounts
Bank of china foreign currency savings accounts include: united states dollars (notes/earners), euro (notes/remittances), japanese yen (notes/remittances), hong kong currency (money/remittances), pound sterling (banknotes/remittances), canadian dollar (notes/remittances), australian dollar (money/remittances), swiss franc (money/remittances), singapore dollar (notes/remittances), macao dollar (money/remittances), korean dollar (money/remittances), russian rubles (notes/remittances), new zealand dollar (notes/re transfer), danish kroner (bank/re transfer), norwegian kroner (bank/re transfer), swedish kroner (bank/re transfer), south african rant (bank/re transfer), thai baht (bank/re transfer), indonesian rupees (notes), philippine pes (notes/transfers), brazilian reyjar (moneys), new taicoins (banks), malaysian rupee (in) and indian rupees (。
3. Types of foreign currency savings deposits
The personal foreign exchange deposits that the bank of china can provide to you are divided into: demand deposits, time deposits, call deposits, and other deposits approved by the supervisory authority。
Term deposits are divided into one month, three months, six months, one year and five tranches in two years。
The above deposits are divided into current and cash accounts. You can choose a variety of forms of deposit, such as a general current deposit, a current book, a periodic book, and a periodic deposit sheet。
Deduction transactions
You must use a password to collect the deposit/deposit at the savings counter。
If you take cash from a foreign exchange savings account, you can do it directly with the bank if you have a cumulative equivalent of less than us$ 10,000 on that date; in excess of the above amount, please submit it to the foreign exchange office, where the bank is located, with your valid identity card, proof of the use of the money. The bank carries out the process of extracting foreign currency money on the basis of a valid personal identification document and a register of cash withdrawals in foreign currency signed by the foreign exchange office。
If you have a cash withdrawal in foreign currency equal to us$ 10,000 or more, please notify the bank at least one day in advance so that the bank can be prepared to make cash payments。
5. Deposit transactions
You can deposit cash at the savings counter or transfer deposits from personal foreign currency accounts, remittances, etc。
If a person deposits in foreign currency banknotes into a foreign exchange savings account, they may be processed directly at the bank if the sum is less than or less than $5,000, and if the above amount is in excess of that amount, the documents may be drawn from the bank on the basis of his/her valid identity card, customs-issued customs declaration of luggage of passengers in the territory of the people's republic of china or the bank's original deposit in foreign currency。
Applicable object
In accordance with relevant laws and regulations, such as the regulations of the people's republic of china on foreign exchange management, the personal exchange management scheme and the regulations on the implementation of the personal foreign exchange management scheme, individuals within and outside china, with their valid identity documents, may conduct foreign currency savings operations in chinese banks。
Processes
You can go to the chinese counter with the relevant documents。
Submission of documents:
1. Individuals in the territory of china: chinese citizens who are in possession of a resident's identity card of the people's republic of china, a military identity document, an armed police document。
2. Outsiders: foreign citizens (including stateless persons) holding passports, hong kong/australian passes to/from the mainland, taiwan residents permits to/from the mainland, and hong kong/australian compatriots。
A sweet hint
1. Opening amount: no limit on the amount to be deposited。
The currency, period of deposit, interest rate, opening point and other unfinished business may differ. You are requested to consult local chinese banks or through 95566。
3. In accordance with the relevant regulations of the people's bank of china and the national foreign exchange administration, the transfer of funds from the individual foreign exchange savings account within the country is required as follows:
