How to convert foreigners' income from selling houses in China into foreign exchange?

After completing the seller's formalities, RMB can be directly converted into foreign exchange at the Bank of China.

Precautions for converting USD into RMB:

Be sure to bring your ID card.

At the same time, note that the Bank of China only exchanges US dollar bills, not coins. You can give them away or keep them as a souvenir.

When you arrive at China Bank, you should get the serial number first and queue up in turn. Generally, banks have fewer customers who do business before 10. With the help of the staff in the lobby, you can fill in two forms first, one is the foreign exchange memo, and the other is the application form for personal settlement and purchase of foreign exchange, and fill in your name, ID number, telephone number, etc.

Extended data:

At present, many banks are engaged in exchange rate business, which can handle large amounts of currencies such as US dollars, Hong Kong dollars, Japanese yen, euros, pounds, Australian dollars, Canadian dollars, Swiss francs and Singapore dollars.

Since shopping is mainly by credit card, cash is mainly used to pay for transportation, catering and other expenses. The bank financial planner suggests that you change foreign currency as little as possible, and generally change the equivalent foreign currency of 3000 yuan. If too much foreign currency is not used up, it will be converted back into RMB after returning to China, and the transaction will cause a loss of about 1.2% in the case of US dollars.

In addition, if you need to take foreign currency with an equivalent value of more than 5,000 US dollars out of the country, you must apply to the bank for a foreign currency carrying certificate before you can take it out of the country; Anyone who takes the equivalent foreign currency 10000 USD or more out of the country must apply to the State Administration of Foreign Exchange before he can take it out of the country.

Baidu encyclopedia-foreign exchange