1 thought on “What is convenience quota?”

  1. Convenience quota refers to the convenience quota of personal foreign exchange purchase. The convenience quota is equivalent to $ 50,000 per person per year. I personally apply for the bank with my valid ID. Individual foreign exchange settlement and domestic personal foreign exchange purchase implementation of annual convenience quota management.
    The frequent projects obtained by individuals abroad are legal RMB income. With my valid ID and transaction amount of foreign exchange purchase funds (including tax vouchers) with transaction volume (including tax vouchers), it is purchased in the bank. Overseas individual original exchanges that have not been used back to foreign exchange, with my valid ID and the original redemption of water orders, the validity period of the original redemption of the original redemption list is 24 months from the date of redemption; 500 US dollars (inclusive) and the exchanges of not exceeding the equivalent value of $ 1,000 (inclusive) on the day and outside of the country before leaving the country can be handled by my valid ID.
    The expansion information
    . Can personal foreign exchange and sales business be processed on behalf of?
    The convenience quota: you can entrust close relatives to handle. When handling If the attorney and the close relative relationship explaining the material, the close relative relationship promise letter can be replaced.
    does not occupy the convenience quota: you can entrust others (including close relatives) to handle. When applying, you need to provide the valid identity documents of the client and the trustee, the attorney, and related materials with the transaction amount.
    This reminder: Recent relatives refer to spouses, parents, children, brothers and sisters, grandparents, grandparents, grandchildren, grandson children.
    Special reminder: Individuals in the domestic foreign exchange purchase business shall fill in the "Application of Personal Foreign Propero Purchase" and bear the corresponding legal responsibilities in the real, accurate and complete.
    . Can individual diversification needs to be met and guaranteed?
    It personal items can be met and guaranteed as long as they have a real, legal and reasonable trading background.
    Special reminder: Some businesses under personal capital have not yet been opened.
    Table capital projects: Individuals in the country. Immigration, inheritance and other property transfer; employee shareholding plans, shares subscribed options; domestic residents through special destination companies overseas investment and financing and return investment; foreign exchange financial management through qualified domestic institutional investors (QDII).
    In overseas individuals. Buying a house in the country (only -self -use); domestic financial investment (QFII, B shares) and so on.
    Special reminder: Capital projects that have not been released before the current include overseas buying, securities investment, life insurance, investment dividends, and virtual currencies.
    . Can you find a relative and friend to buy it for a not enough quota?
    The person must not avoid convenient management and authenticity management by spin -off and other methods.
    The foreign exchange bureau implements the "focus list" management of individuals who avoid management. It can not be borrowed by my own convenience, nor can it be borrowed by others' facilities.

Leave a Comment