About the product

Individual trade foreign exchange settlement refers to the business that the Bank provides the foreign exchange settlement service for qualified individual trade.

Product features

1. By opening a personal foreign exchange settlement account, the customer can easily and conveniently realize business needs such as collection and settlement of foreign exchange, sale and payment of foreign exchange, etc.

2. Personal foreign exchange settlement accounts cannot handle foreign currency cash business.

3. The funds in the personal foreign exchange settlement account can be transferred to the personal savings account, the personal settlement account or an import enterprise agent.

Application

Individual foreign trade operators or individual industrial and commercial entities that have handled industrial and commercial registration or other practicing procedures according to law.

Rate

Please refer to the relevant standards of the Bank for corporate foreign exchange settlement business.