Is there a limit for changing RMB into US dollars at the bank?

There is a limit to the RMB against the US dollar, and each person can exchange 50,000 US dollars every year.

According to Article 2 of Chapter 1 of the Detailed Rules for the Implementation of the Measures for the Administration of Foreign Exchange for Individuals, which came into effect on February 1 2007, individual foreign exchange settlement and domestic individual foreign exchange purchase are subject to annual gross management. The annual total is equivalent to 50,000 dollars per person per year.

The settlement and purchase of foreign exchange within the individual's annual total amount shall be handled at the bank with his valid identity certificate; If it exceeds the annual total, it shall be handled in accordance with Articles 10, 11 and 12 of these Rules under the current account, and in accordance with the relevant provisions of "Personal Foreign Exchange Management in Capital Account" of these Rules under the capital account.

There is a limit to the RMB against the US dollar, and each person can exchange 50,000 US dollars every year. There is no limit on the exchange rate between the US dollar and RMB, but you need to bring your ID card. If the individual resident's one-time settlement amount is less than the equivalent of 1 ten thousand dollars (including 1 ten thousand dollars), he must show his true identity certificate.

If the amount of one-time settlement of foreign exchange is more than USD 654.38+USD 00,000 but less than USD 50,000 (including USD 50,000), the bank shall, in accordance with the provisions of Article 10 of the Interim Measures for the Administration of Foreign Exchange for Domestic Residents, examine the residents' personal true identity certificates and the proof materials of legitimate foreign exchange sources.

If the one-time foreign exchange settlement amount is equivalent to more than 50,000 US dollars, individual residents shall apply to the local foreign exchange administration with the above materials, and after the authenticity is verified by the local foreign exchange administration, they shall go to the bank with the approval of the local foreign exchange administration.

Data expansion:

USD (abbreviation: USD continued O 42 17 Currency code: USD; Symbol: USD) is the legal tender of the United States of America. At present, the US dollar banknotes in circulation are all the banknotes issued since 1929.

1792 appeared after the passage of the American mint act. At present, the issuance of US dollars is controlled by the Federal Reserve system. Starting from 19 13, the United States established the federal reserve system and issued federal reserve bonds. More than 99% of the banknotes in circulation are federal reserve notes.

The competent department for issuing US dollars is Congress, and the Federal Reserve Bank is responsible for the specific issuance business. After World War II, continental European countries reached an agreement with the United States to use US dollars for international payments. Since then, the dollar has been widely used as a reserve currency in countries outside the United States, and eventually became an international currency.

At present, there is no administrative examination and approval link for the sale and payment of foreign exchange under the current account (in fact, it is mainly the trade of goods), and banks handle related sales and payment of foreign exchange and settlement and sale of foreign exchange for customers based on the exhibition industry. Specifically, it is easy to understand. As long as you have a real background, you can change it any way you want, you can even make currency conversion in advance or later, and you can also make derivatives to hedge interest rate and exchange rate risks. Trade in services is similar to trade in goods, but some transactions need more authenticity proof, frequent transfer and secondary income, and the difficulty lies mainly in the supporting documents.