Whether foreign exchange is settled at exit or entry

Because my country implements foreign exchange controls, residents have limited foreign exchange quotas.

1. According to the regulations of the State Administration of Foreign Exchange, the private foreign exchange business of domestic residents is designated to be handled by the Bank of China. Residents can purchase foreign exchange at various branches of Bank of China under the following circumstances: when traveling abroad, visiting relatives, or meeting relatives, they can exchange foreign exchange for 1,000 U.S. dollars or the equivalent of 1,000 U.S. dollars when going to Hong Kong and Macau. When going to countries outside Hong Kong and Macau, and regions (including Taiwan) can exchange for 2,000 U.S. dollars, or the equivalent of 2,000 U.S. dollars in foreign exchange; those who study abroad at their own expense and go abroad for medical treatment at their own expense can exchange 2,000 U.S. dollars, or the equivalent of 2,000 U.S. dollars in foreign exchange at one time when leaving the country; individual residents travel abroad at their own expense to participate in international academic studies activities, being hired as a teacher, etc. If the inviting party does not bear the travel pocket expenses, foreign exchange will be exchanged according to the standards for outbound visits to relatives;

2. Resident individuals pay membership fees for international academic organizations and follow the regulations of their academic organizations. Standard exchange of foreign exchange for remittance; resident individuals who mail-order medicines, medical equipment and other special foreign exchange from abroad can be exchanged for foreign exchange of less than 1,000 U.S. dollars, or equivalent foreign exchange within 1,000 U.S. dollars; illness, death, accidental disasters, etc. of resident individuals' immediate relatives abroad Special foreign exchange can be exchanged for 1,000 U.S. dollars, or the equivalent of 1,000 U.S. dollars for remittance; foreigners who have resided in China for more than one year and compatriots from Hong Kong, Macao, and Taiwan have brought in from abroad or purchased items for personal use in China after selling them The RMB funds received can be exchanged for 1,000 US dollars, or the equivalent of 1,000 US dollars in foreign exchange; for children under 14 years old who leave the country, the exchange rate is reduced by half. If the above exchange standards are exceeded, an application should be made to the Administration of Foreign Exchange. When exchanging currency with the bank, you need to bring all relevant materials. In addition to submitting your household registration certificate and work unit certificate, residents who travel, visit relatives, study abroad, or seek medical treatment must also bring their passports with valid entry visas to the country and exit documents. prove.