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How to convert New Zealand dollars into RMB and transfer them to domestic accounts?
After the foreign currency deposited in the savings card is registered in the mobile banking, there is no handling fee for "My"-"All"-"Cross-border Finance"-"Settlement of foreign exchange"-"Settlement of foreign exchange".
Tips:
Domestic residents can apply through self-service channels, and the account opening certificate is an ID card within the validity period, excluding temporary id card, which is equivalent to $50,000 per person per year (inclusive).
For the settlement of foreign exchange with the equivalent value of less than USD 50,000 per person per year, you can bring your one-card and valid ID card to the outlet of China Merchants Bank where you open an account in this currency.
Handling foreign exchange settlement business in cash also needs to be handled at designated outlets. You (including overseas and domestic individuals) need to handle foreign exchange settlement in our bank with foreign currency cash (minors can entrust guardians to handle it after showing proof materials, and others cannot). Foreign currency cash can be deposited in "all-in-one card" or foreign currency passbook, deposited in cash slip or directly settled in cash.
1. Individuals who do not exceed the total amount of annual foreign exchange settlement hold foreign currency cash to settle foreign exchange:
If the accumulated amount of foreign currency cash settlement on that day is less than the equivalent of US$ 5,000 (inclusive), it shall be handled in the bank with my valid identity certificate; If the accumulated amount on that day exceeds the equivalent of US$ 5,000, I will go to the bank with my valid identity certificate, my Customs Declaration Form for Luggage and Articles of Inbound Passengers (hereinafter referred to as the Entry Declaration Form) or my foreign currency cash withdrawal documents from the original bank.
2. Individuals who exceed the total amount of annual foreign exchange settlement hold foreign currency cash to settle foreign exchange:
Under the current account, I go to the bank with my valid identity certificate, my customs entry declaration form or my foreign currency withdrawal certificate from the original bank and the relevant certification materials of the transaction amount; Under the capital account, it shall be handled in accordance with the regulations of individual capital Municipality on project management with my valid identity certificate, customs declaration or foreign currency cash of the original bank.
At present, the Bank has launched the following currencies: RMB, USD, HKD, EUR, GBP, AUD, JPY, Canadian Dollar, Swiss Franc, Singapore Dollar and New Zealand Dollar. The currency of deposits and withdrawals is limited by the cash currency actually received and paid by outlets. Please consult the outlets for details.
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