What is the best purpose to fill in for personal foreign exchange purchase, and how to fill in the

If you need to withdraw cash, please contact the handling outlets to verify whether there is cash withdrawal business in that currency before purchasing. If you need to apply for overseas remittance, please understand the relevant regulations for overseas remittance in advance.

Log in to Mobile Banking and select "Home All Cross-border Finance Foreign Exchange Purchase Foreign Exchange Purchase Entrustment".

2.Domestic individuals have an annual foreign exchange settlement and sales quota equivalent to US$50,000 (inclusive) per person;

3.Before purchasing foreign exchange, please read the "Application Form for Individual Foreign Exchange Purchase" in detail, and fill in the information such as the purpose of funds according to the actual situation.

If an individual purchases foreign exchange for multiple purposes at one time, he or she should check the items according to the principle of the amount of foreign exchange purchased (the principle of large refers to the amount of foreign exchange purchased, which is filled in according to the purpose with the largest amount of foreign exchange).

The purpose of individual foreign exchange purchase is not chaotic in the "Application for Individual Foreign Exchange Purchase".

If the 14 purposes for the purchase of foreign exchange are listed, check the "other" item, and give a brief explanation of the purpose of the purchase. The purpose for which foreign exchange can be purchased through electronic channels is subject to the range of options displayed on the foreign exchange purchase transaction interface.

If an individual chooses to deposit into an account or purchase foreign exchange wealth management after purchasing foreign exchange but can be expected to use the final use, he or she should fill in the information according to the estimated final use and estimated time of foreign exchange use; If you cannot determine the final purpose of temporary deposit into the account or purchase foreign exchange wealth management when purchasing foreign exchange, fill in the following method:

When filling in the paper foreign exchange purchase application form through the counter channel or filling in the foreign exchange purchase information through the electronic channel, the purpose of foreign exchange purchase temporarily deposited in the account of the distressed account can be "domestic foreign exchange savings deposit", and the purpose of foreign exchange purchase for foreign exchange wealth management can be "purchase of domestic foreign exchange wealth management products".

The above content is for your reference, and the actual business regulations shall prevail.

Handle related business.

The purpose of individual foreign exchange purchase is generally filled in for tourism, training, medical treatment, family visits, consumption and other purposes, but the foreign exchange purchase funds cannot be used for overseas purchases, investment, life insurance, investment insurance and other capital projects that have not yet been opened. If you operate through the China Merchants Bank system, the purpose of foreign exchange purchase is for you to choose, you can fill in directly and truthfully, and the option is for private travel.

Extended information: 1. Individual foreign exchange purchase.

Individual purchase of foreign exchange, also known as "purchase of foreign exchange by domestic residents for private purposes", refers to the business of domestic residents applying to banks for the purchase of foreign exchange for purposes within a specified scope. If you are a domestic resident, the bank can provide you with RMB purchase services when you have a great need for foreign currency funds. Individual foreign exchange purchase business must be handled at the designated bank outlets.

2. Application procedures for individual purchases of Mengzhi Hui.

1. On January 1 of each year, the annual purchase quota of 50,000 US dollars will be reclassified into the individual's name. Many citizens who ran out of quota in 2016 and were anxious to buy foreign exchange found that when they went to exchange foreign exchange on January 1, 2017, they found that in the original "Application for Individual Foreign Exchange Settlement and Sale.

On the basis of this, I have to fill in one more **.

2. According to the regulations of the State Administration of Foreign Exchange, from January 1, 2017, whether it is branch counters, self-service foreign exchange purchase machines or mobile online banking.

To purchase foreign exchange, you need to fill in an "Individual Foreign Exchange Purchase Application", in addition to the basic information, you must also fill in the estimated time and detailed purpose of foreign exchange purchase. For example, if you are traveling privately, you need to fill in the estimated period of stay, whether it is a group or an independent trip.

To study abroad, you need to fill in the name of the school, the amount of annual tuition and the amount of annual living expenses; For overseas medical treatment, you need to fill in the period of stay and the name of the overseas hospital.

3. In addition to stricter investigation into the use of foreign exchange purchases by individuals, the newly added Application Form also clearly states that domestic individuals shall not falsely declare personal foreign exchange purchase information when handling foreign exchange purchase business; False supporting materials shall not be provided; It is forbidden to lend or borrow foreign exchange purchase quotas; It shall not be used for overseas purchases, ** investments, purchase of life insurance and investment return dividend insurance and other capital projects that have not yet been opened. Bank staff told reporters that many investors who came to buy foreign exchange to buy houses and insurance abroad were suspected of handling investment projects.

The procedures for purchasing foreign exchange are cumbersome and expensive, so the current account is used.

Engaged in capital account transactions. Now the new policy is introduced to regulate the balance of payments.

There are some loopholes in the purchase of foreign exchange by individuals.

After purchasing foreign exchange, individuals can use it for outbound travel, medical treatment abroad, and going to school abroad, etc., but after purchasing foreign exchange, individuals cannot use it to buy houses abroad, invest in investment, insurance, etc., and there will be restrictions on the amount of foreign exchange purchases by individuals, and they cannot purchase foreign exchange after reaching the limit, and individuals have an annual foreign exchange purchase quota of 50,000 US dollars.

For ordinary people, the purchase of foreign exchange is to use RMB to exchange foreign currency, and when exchanging, it is necessary to consult the bank outlets in advance, not all bank outlets can exchange foreign currency, and when the exchange amount is too large, it needs to be applied for in advance, and it can only be handled after approval, and individual users try to avoid one-time exchange of 50,000 US dollars.

When exchanging foreign currency, you should choose the time when the bank works, usually from Monday to Friday, and do not exchange foreign currency business on weekends, and it is best to choose a day with a relatively high exchange rate when exchanging, so that users can exchange more money, of course, it doesn't matter if the amount of exchange is relatively small.

At present, the foreign currencies that can be exchanged at the bank are British pounds, Hong Kong dollars, US dollars, Swiss francs, Singapore dollars, Japanese yen, Canadian dollars, Australian dollars, euros, Philippine pesos, Thai baht, South Korean won, patacas, New Taiwan dollars, etc., and relevant documents need to be filled in when exchanging.

Private travel, overseas study, official and business trips, family visits, overseas medical treatment, cargo**, non-investment insurance, consulting services and others.

The purpose of foreign exchange purchase is divided into 9 major items, such as private travel, overseas study, official and business trips, family visits, overseas medical treatment, goods**, non-investment insurance, consulting services, and others, each of which is followed by multiple sub-options. For example, after selecting Shipping for Private Travel, the system will also ask you to fill in three detailed options: the estimated period of overseas stay, the destination country and region, and the travel party. If you are studying abroad, you must inform the name of the school, the country and region of study, the amount of annual tuition fees, the amount of annual living expenses, etc.

If you are seeking medical treatment abroad, in addition to the duration of stay and destination, you also need to provide the accurate name of the overseas hospital.

Personal foreign exchange purchases cannot be used:

1.shall not falsely declare personal foreign exchange purchase information;

2.False supporting materials shall not be provided;

3.shall not lend one's own facilitation quota to assist others in purchasing foreign exchange;

4.It is not allowed to borrow the facilitation quota of others to carry out split foreign exchange purchases;

5.It shall not be used for overseas purchases, ** investments, purchase of life insurance and investment return dividend insurance and other capital projects that have not yet been opened.

6.Do not participate in money laundering, tax evasion, underground bank transactions and other illegal activities. <>

Domestic individuals are entitled to a foreign exchange settlement and sales facilitation quota equivalent to US$50,000 per year, and the regulations for individual foreign exchange purchase are as follows:

1.Individuals who occupy the annual facilitation quota can purchase foreign exchange at designated outlets with their valid identity documents, CCB passbook and debit card used for foreign exchange purchase.

2.Individuals who do not occupy the annual facilitation quota can handle the foreign exchange purchase business at designated outlets with their valid identity documents, CCB passbooks, debit cards and supporting materials used for foreign exchange purchases. For the specific handling process, please consult the staff of the handling outlets.

Special reminder: From January 1, 2017, domestic individuals should read the "Instructions for Filling in the Application Form for Individual Foreign Exchange Purchase" and complete the "Application Form for Individual Foreign Exchange Purchase" before handling the foreign exchange purchase business, and then they can handle the foreign exchange purchase business after confirming the relevant information.

Note: 1If the cumulative amount of cash withdrawn on the day after purchasing foreign exchange is less than 10,000 US dollars (inclusive), the bank shall apply for it with his/her valid identity document.

2.If the amount of cash withdrawn exceeds the equivalent of US$10,000 or more after purchasing foreign exchange and selling pants, the person shall report to the foreign exchange bureau where the bank is located in advance with his valid identity certificate and the purpose of the banknote withdrawal, and then withdraw the foreign currency cash at the bank with his valid identity document and the "Filing Form for Withdrawing Foreign Currency Cash" signed and sealed by the foreign exchange bureau.

In case of business changes, please refer to the actual situation. ）

Present your original valid ID card to the counter of a bank that is qualified to handle foreign currency business at a loss to apply for the purchase of foreign currency in renminbi including air, and according to the current regulations, mainland residents can purchase the equivalent of 50,000 US dollars per person per year.