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Rules and Regulations
  • Index number:
    000014453-2016-00007
  • Dispatch date:
    2016-01-08
  • Publish organization:
    State Administration of Foreign Exchange
  • Exchange Reference number:
    Huifa[2015]No.47
  • Name:
    Circular of the SAFE on Printing and Distributing the Measures for Managing the Receipts and Payments of Foreign Currency Banknotes by Domestic Institutions
Circular of the SAFE on Printing and Distributing the Measures for Managing the Receipts and Payments of Foreign Currency Banknotes by Domestic Institutions

The branches and foreign exchange administrative departments of the State Administration of Foreign Exchange (SAFE) in all provinces, autonomous regions, and municipalities directly under the Central Government; the branches of the SAFE in Shenzhen, Dalian, Qingdao, Xiamen, and Ningbo

To further regulate the foreign currency banknotes business for domestic institutions and satisfy their demand, the State Administration of Foreign Exchange (SAFE) has developed the Measures for Managing the Receipts and Payments of Foreign Currency Banknotes by Domestic Institutions (see appendix), which are hereby issued for your compliance and implementation.

Upon receipt of this Circular, the SAFE branches and foreign exchange administration departments should immediately forward it to the central sub-branches (sub-branches), local commercial banks, and foreign banks within their respective jurisdiction, and all designated Chinese-funded foreign exchange banks should promptly forward it to their branches.

If you have any questions during the execution of these documents, please promptly contact the Current Account Management Department of the SAFE.

 

Appendix: Measures for Managing the Receipts and Payments of Foreign Currency Banknotes by Domestic Institutions

 

 

 

State Administration of Foreign Exchange

December 18, 2015





FILE: Measures for Managing the Receipts and Payments of Foreign Currency Banknotes by Domestic Institutions

The English translation may only be used as a reference. In case a different interpretation of the translated information contained in this website arises, the original Chinese shall prevail.

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