Settlement system

{}Posted in2023/2/25 22:41:12 | 5Browse

What is the settlement system Settlement system refers to all domestic enterprises forexrebates cashbackforexexnessstitutions, institutions and social organizations (except Forex rebate for Exness-invested enterprises) must cashback forex within the scope of foreign forexcashrebate revenue back to the territory in a timely manner, in accordance with the foreign exchange designated banks listed exchange rate, all sold to the foreign exchange designated banks specific content of the settlement system Specifically: 1. (2) foreign exchange from international winning bids under foreign loans; (3) foreign exchange from tax-free commodities under customs supervision; (4) foreign exchange from transportation (including various modes of transport) and ports (including seaports and airports), post and telecommunications (excluding international remittances), tourism, advertising, consulting, exhibitions, consignment, maintenance and other industries and various types of agents (5) foreign exchange fees and forfeitures from administrative and judicial organs; (6) foreign exchange from the transfer of intangible assets such as land use rights, copyrights, trademarks, patents, non-patent technologies, goodwill, etc.; (7) foreign exchange from the sale of real estate and other assets abroad; (8) foreign exchange profits remitted by foreign invested enterprises, foreign exchange recovered under foreign economic assistance and foreign exchange ForexrebateforExness from foreign assets; (9) foreign exchange income from foreign invested enterprises. (9) foreign exchange income from foreign claims, returned foreign exchange deposits; (10) foreign exchange income from insurance institutions accepting foreign exchange insurance; (11) income from foreign exchange business of financial institutions that have obtained the "license to operate foreign exchange business"; (12) foreign exchange income from foreign donations, grants and assistance foreign donations include foreign governments, enterprises and individuals and United Nations-affiliated agencies, international organizations, civil society organizations donations or aid foreign exchange but, the donation or aid agreement provides for payment abroad can open a foreign exchange account; (13) the State Administration of Foreign Exchange provisions of other foreign exchange income to be settled 2. Domestic institutions the following foreign exchange, can be to the State Administration of Foreign Exchange or its branches and sub-branches (hereinafter referred to as "Foreign Exchange Bureau "(1) operating overseas contracting projects, rick overseas to provide labor services, technical cooperation and other service business companies (specifically, the Ministry of Foreign Trade and Economic Cooperation approved by the operating overseas contracting projects, to provide overseas (2) Foreign exchange received in the course of the above-mentioned business projects can be opened in a foreign exchange account, with the income being the above-mentioned project remittances from abroad during the contract period and the expenses being the costs of the above-mentioned project abroad, and the net income being settled on an annual basis (2) Foreign exchange to be paid by agencies engaged in foreign or offshore business Agencies engaged in foreign or offshore business are foreign (industrial) trade companies operating as import agents approved by the Ministry of Foreign Trade and Economic Cooperation or its authorized units and foreign ship agents, shipping agents, international freight forwarders, ship fuel agents, trademark agents, patent agents, copyright agents, advertising agents (approved by the State Administration for Industry and Commerce or its authorized departments), and Shipping inspection, commodity inspection agency business of the above agencies on behalf of the foreign exchange to be paid can apply to the Foreign Exchange Bureau, in the foreign exchange designated bank to open a foreign exchange account, income for the foreign exchange income from overseas engaged in agency business, the expenditure can only be used to pay the relevant costs outside the country; payment of the relevant costs within the country, shall be settled in RMB, the net income of the quarterly settlement of the agent under the export of foreign exchange, the agent can be designated by the foreign exchange bank Settlement of foreign exchange, but also the original currency of foreign exchange transfer to the principal, the principal for settlement; agent export under the foreign-invested enterprises as the principal, the agent shall transfer the original currency of export receipts to foreign-invested enterprises, which can be part of the foreign exchange income into the foreign exchange account, but also through the foreign exchange transfer center to sell; (3) domestic institutions temporary receipt of foreign exchange pending settlement or temporary receipt of foreign exchange pending payment, including overseas remittance of the bid deposit, performance (3) domestic institutions temporary collection or temporary receipt of foreign exchange under the payment, including overseas remittance of the bid bond, performance bond, collection, re-export trade collection, post and telecommunications departments for international exchange business of foreign exchange remittances, etc., can apply to the Foreign Exchange Bureau, open a foreign exchange account, the net income of the annual settlement (4) a class of travel agencies to collect foreign exchange paid in advance by foreign travel agencies, can open a temporary collection of foreign exchange account its income can only be paid in advance by foreign travel agencies, the expenditure can only be overseas travelers for some reason can not travel and return The maximum balance of the account shall not exceed 3% of the total amount of foreign exchange received by the travel agency in the previous year, the remaining 97% of the collection of foreign exchange should be fully settled (5) the railroad department for foreign currency received for overseas bonded transport business, the customs collection of foreign exchange deposits, against ten A gold, etc. can open a temporary foreign exchange account to be paid, the net income of the quarterly settlement (6) approved by the transport department, engaged in international marine transportation business of ocean shipping companies 3. The following scope of foreign exchange can not be settled, need to hold the foreign exchange bureau issued by the opening certificate, open a foreign exchange account in the designated foreign exchange banks: (1) the state approved specifically for the repayment of foreign exchange debts within and outside the country and by the foreign exchange bureau audit of foreign exchange; (2) (2) foreign exchange donations paid outside the country with the donation agreement; (3) foreign currency borrowing, issuance of foreign currency bonds, stocks obtained foreign exchange; (4) foreign legal persons or natural persons as investment foreign exchange remittances; (5) foreign embassies and consulates in China, international organizations and other foreign legal persons in China foreign exchange; (6) foreign exchange of foreign-invested enterprises; (7) foreign exchange of residents and individuals in China, individuals

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