The State Administration of Foreign Exchange divides the quota management of foreign exchange settlement and sale into

Settlement and sale of foreign exchange under current account and capital account. The State Administration of Foreign Exchange is divided into current account settlement and capital account settlement and sale according to the source or purpose of settlement funds. Foreign exchange settlement and sale under current account can be divided into foreign exchange settlement and sale under trade account and foreign exchange settlement and sale under capital account under non-trade account. Settlement of foreign exchange means that all domestic enterprises, institutions, organs and social organizations except foreign-invested enterprises, after obtaining foreign exchange income, all of them are sold to designated foreign exchange banks in accordance with the provisions of the State Administration of Foreign Exchange and the listed exchange rate of banks.