Are there any restrictions on carrying foreign currency out of the country?

According to the "Interim Measures for the Administration of Entry and Exit Management of Carrying Foreign Currency Cash", if outbound personnel carry out foreign currency cash not exceeding the equivalent of US$5,000 (including US$5,000), which is approximately close to HK$40,000, they do not need to apply for " "Carrying Permit", the customs will release it; if the outbound personnel carries foreign currency cash equivalent to more than 5,000 U.S. dollars to 10,000 U.S. dollars (including 10,000 U.S. dollars), they should apply for a "Carrying Permit" from a designated foreign exchange bank;

The customs will inspect and release the goods with the "Carrying Permit" stamped with the seal of the designated foreign exchange bank. In principle, outbound personnel are not allowed to carry foreign currency cash exceeding the equivalent value of 10,000 US dollars out of the country. Outbound personnel can apply for a "Carrying Permit" from the Foreign Exchange Bureau:

1. Outbound groups with a larger number of people;

2. Scientific expeditions with a long departure time or a long journey Groups;

3. Overseas visits by government leaders;

4. Outbound personnel going to countries with war, strict foreign exchange controls, poor financial conditions or financial turmoil;

5. Other special circumstances. Extended information

"Carrying Permit" customer process

1. The customer withdraws cash at the bank or purchases foreign currency to pay the voucher amount, fills in the application for carrying foreign exchange out of the country, and provides the overseas passport, valid visa, Relevant supporting materials such as passes or overseas travel notices;

2. After the bank's handling staff has verified that the documents are correct, they will issue a "Permit for Carrying Foreign Currency Out of the Country" to the customer in accordance with the issuance regulations of the State Administration of Foreign Exchange.

Special Tips

1. The "Permit for Carrying Foreign Currency Out of the Country" is valid for one use within 30 days from the date of issuance;

2. If you carry foreign currency out of the country, If the amount exceeds the limit specified by the State Administration of Foreign Exchange, an approval document from the local State Administration of Foreign Exchange must be issued to the bank.

Reference materials: China Government Website - "Interim Measures for the Entry and Exit Management of Carrying Foreign Currency Cash"

Reference Materials: Baidu Encyclopedia - Entry and Exit Permit for Carrying Foreign Currency