Are there any restrictions for individuals to purchase foreign exchange?

According to the current national regulations, the annual foreign exchange purchase limit of China citizens is less than 50,000 US dollars.

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What is the limit for individuals to receive foreign exchange remittances?

How many dollars can a China citizen receive in international remittance a year? Are there any restrictions?

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The annual limit for personal exchange is $50,000 or equivalent in foreign currency.

Foreign exchange quota standard:

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 in the branches of China Bank under the following circumstances: traveling abroad, visiting relatives and friends, and exchanging foreign exchange with relatives and friends; Convertible to Hong Kong and Macao 1 ,000 USD or equivalent 1 ,000 USD; Going to countries and regions outside Hong Kong and Macao (including Taiwan Province Province) can be exchanged for $2,000 or its equivalent; Those who study abroad at their own expense or go abroad for medical treatment at their own expense can exchange US$ 2,000 or its equivalent in foreign exchange at one time when leaving the country; Individual residents leave the country at their own expense to participate in international academic activities and are 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;

note:

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.