How to open a foreign exchange account for a new foreign trade company

1, the account unit for the account receipts and payments, must be issued to the bank "foreign exchange account license.

The depositary bank with the "foreign exchange account certificate" provides the scope of the account income and expenditure for the depositary for the account of the receipt and payment of business. Any account unit and the depositary bank without the approval of the Foreign Exchange Bureau, shall not exceed the scope of use of the account.

2, the opening unit shall "open a foreign exchange account approval" and "foreign exchange account certificate" in the account of the maximum limit, the use of the period, the settlement mode and other provisions of the use of the account, shall not exceed the scope and period of use of the account.

For accounts with net income that need to be settled, the account-holding unit should handle the settlement of foreign exchange in a timely manner. If the account needs to be postponed due to the progress of the project, the account should be applied to the Foreign Exchange Bureau in advance and shall not be postponed without approval.

3, approved the opening of foreign exchange accounts must participate in the annual inspection.

The account-holding unit shall comply with the "domestic institutions of Chinese enterprises in the current account of foreign exchange annual inspection regulations" and the implementation of the relevant supplementary provisions. The annual inspection time is from January to April each year. The specific inspection of the account is carried out by the accounting firm commissioned by the account opening unit.

The Foreign Exchange Bureau approves the list of designated accounting firms once a year and announces it to the account holders. The account-holding unit chooses its own accounting firm to conduct the annual inspection of its account.

Expanded Information:

One of the audit materials

1, if you need to open a foreign exchange Account, the application for opening an account should be a formal official letter, must be stamped with the official seal of the unit, the application content is clear, the application for opening an account must be written in the source of foreign exchange funds, the use of the situation, the account bank, the currency of the account, such as special accounts also need to explain the project and the relevant circumstances and account opening period, as well as the foreign exchange bureau required to provide the other materials

2, the opening of an account to be required to hold a foreign exchange bureau of the relevant materials of the original and its Copies of the documents required by the Bureau of Foreign Exchange, and account opening documents must be issued by the government and within the period of validity.

3, the unit to receive donations or assistance must be domestic civil organizations, research institutes, universities and colleges and other domestic institutions, and in accordance with the provisions of the donation or assistance agreement will be donated for payment abroad.

4. If the above requirements are not met, they will be returned without review.

Two, the account opening procedures

1, where in line with the "domestic foreign exchange account management regulations" of the domestic institutions, organizations in China (hereinafter referred to as account holders) can open foreign exchange accounts.

2, the account opening unit in the application for account opening, according to the unit's own choice of account bank. The account opening bank is limited to the head office and its branches approved to operate foreign exchange business.

3, the account unit should be required by the Bureau to provide all the materials required to open an account, the Bureau approved the opening of the account, should be within 30 working days with the "approval of the opening of foreign exchange accounts" to the account bank for account opening procedures.

The depositary bank shall fill in the "approval to open a foreign exchange account" of the receipt and return the account unit, the account unit shall be held within five working days after the opening of the account to the Foreign Exchange Bureau to receive the receipt of "foreign exchange account license".

Where more than 30 working days, the account unit did not go to the depository bank for account opening procedures, the foreign exchange bureau issued the "approval to open foreign exchange accounts" automatically invalid.

4, the same nature of the foreign exchange account, an account unit is in principle only allowed to open one. If, due to business needs, it is necessary to open more than two accounts, the Foreign Exchange Bureau will be strictly approved on a case-by-case basis.

5, account holders who lose the "approval to open a foreign exchange account" or "foreign exchange account license", must be published in the newspaper to declare null and void, and with the publication of the statement and the application for replacement to the foreign exchange bureau for the replacement procedures.

Baidu Encyclopedia-Foreign Exchange Account