The Adjustment Center is a legal institution approved by the State Administration of Foreign Exchange for foreign exchange adjustment.
It is a gold pier owned by the whole people that, under the unified management and leadership of the State Administration of Foreign Exchange and its sub-branches, conducts independent accounting and assumes responsibility for profits and losses.
The FOREIGN EXCHANGE ADJUSTMENT Centre IS the SOLE LEGAL AUTHORITY FOR adjustment. Any foreign exchange transaction outside the Exchange Adjustment Centre is deemed illegal.
Approved by the State Administration of Foreign Exchange, since 1988, our country has set up foreign exchange adjustment centers in provinces, autonomous regions, municipalities directly under the central government, independently planned cities, special economy and coastal open cities.
The main responsibilities of the foreign exchange adjustment center are as follows :(1) accepting clients’ applications for trading foreign exchange;
(2) Handle the transaction of both parties;
Overseeing the settlement and liquidation of the buyer and seller;
(4) To provide foreign exchange adjustment market information and services.