You can only use half the easily accessible quantity.

If the amount of credit card and Yida are separated, it will not be even!

Facilitation quota: individual foreign exchange settlement and domestic individual foreign exchange purchase are subject to annual facilitation quota management. The amount of facilitation is equivalent to $50,000 per person per year (inclusive). Individuals can apply in the bank with valid identity documents.

Do not occupy the facilitation quota: domestic individuals shall handle it with their valid identity documents and materials on the source of foreign exchange settlement funds or materials on the use of foreign exchange purchase funds; Overseas individuals shall apply with their valid identity documents and proof materials (including tax vouchers) on the source of foreign exchange settlement funds or foreign exchange purchase funds.

Legal RMB income of current account obtained by overseas individuals in China. Purchase foreign exchange at the bank with my valid identity certificate and the source materials of foreign exchange purchase funds (including tax vouchers) with transaction amount. Overseas individuals who have not used up the original RMB exchange for foreign exchange shall handle it with their valid identity documents and the original exchange memo, which is valid within 24 months from the date of exchange; Before leaving the country, the exchange of the accumulated value of less than $500 (inclusive) at the domestic customs place on that day and the accumulated value of 1000 (inclusive) on that day can be handled with my valid identity certificate.

1. Can an individual handle the foreign exchange settlement and sale business?

Convenience limit: close relatives can be entrusted to handle it on their behalf. If it is necessary to handle the valid identity documents, power of attorney and explanatory materials of the close relatives of the principal and the trustee, a letter of commitment from the close relatives may be substituted.

Do not occupy the convenience line: you can entrust others (including close relatives) to handle it on your behalf, and you need to provide the valid identity documents, power of attorney and relevant materials of the transaction amount of the client and the trustee when handling it.

Tips: Close relatives refer to spouses, parents, children, brothers and sisters, grandparents, grandparents, grandchildren and grandchildren.

Special note: Domestic individuals purchasing foreign exchange should fill in the Application for Personal Purchase of Foreign Exchange truthfully, accurately and completely, and bear corresponding legal responsibilities.

Second, can individual diversified foreign exchange needs be met and guaranteed?

Personal current account foreign exchange can be satisfied and guaranteed as long as it has a true, legal and reasonable trading background.

Convertible capital account: domestic individuals. Transfer of property such as immigration and inheritance; Employee stock ownership plan and stock options; Domestic residents make overseas investment and financing and return investment through special purpose companies; Through qualified domestic institutional investor (QDII) foreign exchange financing, etc.

Overseas individuals. Buying a house in China (for personal use only); Domestic financial investment (QFII, B shares), etc.

Third, if the quota is not enough, can you find relatives and friends to help you buy it?

Individuals are not allowed to escape the convenience quota management and authenticity management by splitting.

The foreign exchange bureau implements "watch list" management for individuals who evade management. You can neither borrow your own convenience line nor borrow someone else's convenience line.