Foreign exchange can be transferred between two banks.
The bank can accept the transfer business under the name of domestic residents (including cash account and cash account) and the transfer business between the residents and their immediate family members, but cannot accept the transfer business between the residents and other people except their immediate family members.
Note: OTHER PEOPLE REMIT 80 THOUSAND DOLLARS TO YOU, ACCORDING TO THE REGULATION OF STATE ADMINISTRATION OF FOREIGN AFFAIRS, 50 THOUSAND DOLLARS ABOVE NEED TO PROVIDE RELEVANT PROOF JUST CAN ENTER ACCOUNT, SHOULD ENTER ACCOUNT ONLY CAN BE TRANSFERRED BETWEEN THE ACCOUNT OF THE SAME NAME.
Foreign currencies are creditor’s rights held by the administration in the form of bank deposits, Treasury bills, and short-term government securities that can be used at a time.
