Regulations on Settlement, Sale and Payment of Foreign Exchange

(国务院批准　1996年6月20日中国人民银行令1996年1号发布 自1996年7月1日起施行)

(Approved by the State Council, promulgated by Order No. 1 of the People's Bank of China on June 20, 1996, effective as of July 1, 1996)

为规范结汇、售汇及付汇行为，实现人民币在经常项目下可兑换，特制定本规定。

These Regulations are formulated to regulate the settlement, sale and payment of foreign exchange and to achieve the convertibility of the Renminbi under current account items.

经营外汇业务的银行应当按照本规定和中国人民银行、国家外汇管理局批准的业务范围办理结汇、售汇、开立外汇帐户及对外支付业务。

Banks engaged in foreign exchange business shall handle settlement, sale, opening of foreign exchange accounts and external payment business in accordance with these Regulations and the business scope approved by the People's Bank of China and the State Administration of Foreign Exchange.

境内机构外汇收入，除国家另有规定外应当及时调回境内。

Foreign exchange income of domestic institutions shall be repatriated to China in a timely manner, unless otherwise provided by the state.

境内机构、居民个人、驻华机构及来华人员应当按照本规定办理结汇、购汇、开立外汇帐户及对外支付。

Domestic institutions, resident individuals, resident representative offices and personnel in China shall handle settlement, purchase, opening of foreign exchange accounts and external payment in accordance with these Regulations.

境内机构和居民个人通过经营外汇业务的银行办理对外收支时，应当按照《国际收支统计申报办法》及有关规定办理国际收支统计申报。

When domestic institutions and resident individuals handle external receipts and payments through banks engaged in foreign exchange business, they shall handle the reporting of international balance of payments statistics in accordance with the Measures for the Reporting of International Balance of Payments Statistics and relevant provisions.

除本规定第七条、第八条、第十条限定的范围和数量外，境内机构取得的下列外汇应当结汇：

Except for the scope and amount limited by Articles 7, 8 and 10 of these Regulations, the following foreign exchange obtained by domestic institutions shall be settled:

(一)出口或者先支后收转口货物及其他交易行为收入的外汇。其中用跟单信用证/保函和跟单托收方式结算的贸易出口外汇可以凭有效商业单据结汇，用汇款方式结算的贸易出口外汇持出口收汇核销单结汇；

(1) Foreign exchange income from export or from entrepot trade where payment is made first and then received, and other transaction income. Among them, foreign exchange from trade exports settled by documentary letters of credit/guarantees and documentary collections may be settled against valid commercial documents; foreign exchange from trade exports settled by remittance shall be settled against the export collection verification certificate;

(二)境外贷款项下国际招标中标收入的外汇；

Foreign exchange income from winning international bids under overseas loans;

(三)海关监管下境内经营免税商品收入的外汇；

Foreign exchange income from operating duty-free goods within customs supervision;

(四)交通运输(包括各种运输方式)及港口(含空港)、邮电(不包括国际汇兑款)、广告、咨询、展览、寄售、维修等行业及各类代理业务提供商品或者服务收入的外汇；

Foreign exchange income from transportation (including all modes), ports (including airports), postal services (excluding international remittances), advertising, consulting, exhibitions, consignment, maintenance, and various agency businesses providing goods or services;

(五)行政、司法机关收入的各项外汇规费、罚没款等；

Foreign exchange income from various administrative and judicial fees, fines, and confiscations;

(六)土地使用权、著作权、商标权、专利权、非专利技术、商誉等无形资产转让收入的外汇，但上述无形资产属于个人所有的，可不结汇；

Foreign exchange income from the transfer of intangible assets such as land use rights, copyrights, trademark rights, patent rights, non-patented technology, and goodwill, provided that if such intangible assets are owned by individuals, they may not be settled;

(七)境外投资企业汇回的外汇利润、对外经援项下收回的外汇和境外资产的外汇收入；

Foreign exchange profits remitted back by overseas investment enterprises, foreign exchange recovered under foreign economic aid projects, and foreign exchange income from overseas assets;

(八)对外索赔收入的外汇、退回的外汇保证金等；

Foreign exchange income from external claims and refunded foreign exchange deposits;

(九)出租房地产和其他外汇资产收入的外汇；

Foreign exchange income from leasing real estate and other foreign exchange assets;

(十)保险机构受理外汇保险所得外汇收入；

Foreign exchange income from foreign exchange insurance accepted by insurance institutions;

(十一)取得《经营外汇业务许可证》的金融机构经营外汇业务的净收入；

Net income from foreign exchange business of financial institutions that have obtained a License for Foreign Exchange Business.

(十二)国外捐赠、资助及援助收入的外汇；

(12) Foreign exchange from foreign donations, grants, and aid income;

(十三)国家外汇管理局规定的其他应当结汇的外汇。

(13) Other foreign exchange that shall be settled as stipulated by the State Administration of Foreign Exchange.

境内机构(不含外商投资企业)的下列外汇，可以向国家外汇管理局及其分支局(以下简称“外汇局”)申请，在经营外汇业务的银行开立外汇帐户，按照规定办理结汇：

Domestic institutions (excluding foreign-invested enterprises) may apply to the State Administration of Foreign Exchange and its branches (hereinafter referred to as "SAFE") to open foreign exchange accounts with banks operating foreign exchange business and handle settlement in accordance with regulations for the following foreign exchange:

(一)经营境外承包工程、向境外提供劳务、技术合作及其他服务业务的公司，在上述业务项目进行过程中收到的业务往来外汇；

(1) Business-related foreign exchange received by companies engaged in overseas contracted projects, provision of labor services, technical cooperation, and other service businesses during the course of such projects;

(二)从事代理对外或者境外业务的机构代收代付的外汇；

(2) Foreign exchange collected and paid on behalf of others by agencies engaged in agency foreign or overseas business;

(三)暂收待付或者暂收待结项下的外汇，包括境外汇入的投标保证金、履约保证金、先收后支的转口贸易收汇、邮电部门办理国际汇兑业务的外汇汇兑款、一类旅行社收取的国外旅游机构预付的外汇、铁路部门办理境外保价运输业务收取的外汇、海关收取的外汇保证金、抵押金等；

(3) Foreign exchange under temporary receipt for payment or temporary receipt for settlement, including bid bonds, performance bonds remitted from overseas, foreign exchange receipts from entrepot trade where receipt precedes payment, foreign exchange remittances from postal and telecommunications departments handling international remittance business, foreign exchange prepaid by foreign tourism institutions collected by first-class travel agencies, foreign exchange collected by railway departments for insured transportation services abroad, and foreign exchange deposits and margins collected by customs;

(四)保险机构受理外汇保险、需向境外分保以及尚未结算的保费。

(4) Premiums for foreign exchange insurance accepted by insurance institutions that need to be ceded overseas or have not yet been settled.

上述各项外汇的净收入，应当按照规定的时间全部卖给外汇指定银行。

The net income of the above foreign exchange shall be sold to designated foreign exchange banks in full within the prescribed time limit.

捐赠、资助及援助合同规定用于境外支付的外汇，经外汇局批准后方可保留。

Foreign exchange stipulated in donation, grant, and aid contracts to be used for overseas payments may be retained only after approval by SAFE.

下列范围的外汇，可以保留：

The following categories of foreign exchange may be retained:

(一)外国驻华使领馆、国际组织及其他境外法人驻华机构的外汇；

(1) Foreign exchange of foreign embassies, consulates, international organizations and other foreign legal person institutions stationed in China;

(二)居民个人及来华人员的外汇。

(2) Foreign exchange of resident individuals and persons coming to China.

外商投资企业经常项目下外汇收入可在外汇局核定的最高金额以内保留外汇，超出部分应当卖给外汇指定银行，或者通过外汇调剂中心卖出。

Foreign exchange income under the current account of foreign-invested enterprises may be retained within the maximum amount approved by the foreign exchange bureau, and the excess shall be sold to designated foreign exchange banks or through the foreign exchange swap center.

超过等值1万美元的现钞结汇，结汇人应当向外汇指定银行提供真实的身份证明和外汇来源证明，外汇指定银行予以结汇登记后报外汇局备案。

For settlement of cash exceeding the equivalent of USD 10,000, the person applying for settlement shall provide the designated foreign exchange bank with true identity certificate and foreign exchange source certificate. The designated foreign exchange bank shall register the settlement and report to the foreign exchange bureau for record.

本规定第七、八、九、十条允许开立外汇帐户的境内机构和居民个人、驻华机构及来华人员，应当按照外汇帐户管理的有关规定，到经营外汇业务的银行办理开户手续。

Domestic institutions, resident individuals, resident offices and persons coming to China that are allowed to open foreign exchange accounts under Articles 7, 8, 9 and 10 of these Regulations shall go through the account opening procedures at banks handling foreign exchange business in accordance with the relevant provisions on foreign exchange account management.

境内机构下列贸易及非贸易经营性对外支付用汇，持与支付方式相应的有效商业单据和所列有效凭证从其外汇帐户中支付或者到外汇指定银行兑付：

For the following trade and non-trade operational foreign exchange payments, domestic institutions shall pay from their foreign exchange accounts or exchange at designated foreign exchange banks by presenting valid commercial documents corresponding to the payment method and the listed valid certificates:

(一)用跟单信用证/保函方式结算的贸易进口，如需在开证时购汇，持进口合同、进口付汇核销单、开证申请书；如需在付汇时购汇，还应当提供信用证结算方式要求的有效商业单据。核销时必须凭正本进口货物报关单办理；

(1) For trade imports settled by documentary credit/letter of guarantee, if foreign exchange needs to be purchased at the time of opening the L/C, present the import contract, import payment verification form, and application for opening L/C; if foreign exchange needs to be purchased at the time of payment, also provide valid commercial documents required by the L/C settlement method. Verification must be done with the original import customs declaration form;

(二)用跟单托收方式结算的贸易进口，持进口合同、进口付汇核销单、进口付汇通知书及跟单托收结算方式要求的有效商业单据。核销时必须凭正本进口货物报关单办理；

(2) For trade imports settled by documentary collection, present the import contract, import payment verification form, import payment notice, and valid commercial documents required by the documentary collection settlement method. Verification must be done with the original import customs declaration form;

(三)用汇款方式结算的贸易进口，持进口合同、进口付汇核销单、发票、正本进口货物报关单、正本运输单据，若提单上的“提货人”和报关单上的“经营单位”与进口合同中列明的买方名称不一致，还应当提供两者间的代理协议；

(3) For trade imports settled by remittance, present the import contract, import payment verification form, invoice, original import customs declaration form, and original transport documents. If the name of the 'consignee' on the bill of lading and the 'operating unit' on the customs declaration form are inconsistent with the buyer name specified in the import contract, also provide the agency agreement between them;

(四)进口项下不超过合同总金额的15%或者虽超过15%但未超过等值10万美元的预付货款，持进口合同、进口付汇核销单；

(4) For advance payment for imports not exceeding 15% of the total contract amount, or exceeding 15% but not exceeding the equivalent of USD 100,000, present the import contract and import payment verification form;

上述(一)至(四)项下进口，实行进口配额管理或者特定产品进口管理的货物，还应当提供有关部门签发的许可证或者进口证明；进口实行自动登记制的货物，还应当提供填好的登记表格。

For imports under items (1) to (4) above, if the goods are subject to import quota management or specific product import management, a license or import certificate issued by the relevant authority shall also be provided; if the goods are subject to automatic registration for import, a completed registration form shall also be provided.

(五)进口项下的运输费、保险费，持进口合同、正本运输费收据和保险费收据；

(5) For transportation and insurance expenses under imports, provide the import contract, original transportation fee receipt, and insurance fee receipt;

(六)出口项下不超过合同总金额2%的暗佣(暗扣)和5%的明佣(明扣)或者虽超过上述比例但未超过等值1万美元的佣金，持出口合同或者佣金协议、结汇水单或者收帐通知；出口项下的运输费、保险费，持出口合同、正本运输费收据和保险费收据；

(6) For hidden commissions (discounts) not exceeding 2% of the total contract amount and explicit commissions (discounts) not exceeding 5% under exports, or commissions exceeding the above ratios but not exceeding the equivalent of USD 10,000, provide the export contract or commission agreement, settlement memo or credit advice; for transportation and insurance expenses under exports, provide the export contract, original transportation fee receipt, and insurance fee receipt;

(七)进口项下的尾款，持进口合同、进口付汇核销单、验货合格证明；

(7) For final payments under imports, provide the import contract, import payment verification form, and inspection certificate;

(八)进出口项下的资料费、技术费、信息费等从属费用，持进口合同或者出口合同、进口付汇核销单或者出口收汇核销单、发票或者收费单据及进口或者出口单位负责人签字的说明书；

(8) For ancillary expenses such as data fees, technology fees, and information fees under imports or exports, provide the import or export contract, import payment verification form or export proceeds verification form, invoice or fee document, and a statement signed by the responsible person of the importing or exporting unit;

(九)从保税区购买商品以及购买国外入境展览展品的用汇，持(一)至(八)项规定的有效凭证和有效商业单据；

(9) For foreign exchange used to purchase goods from bonded zones or to purchase exhibits from overseas exhibitions entering the country, provide the valid certificates and commercial documents specified in items (1) to (8);

(十)专利权、著作权、商标、计算机软件等无形资产的进口，持进口合同或者协议；

(10) For imports of intangible assets such as patents, copyrights, trademarks, and computer software, provide the import contract or agreement;

(十一)出口项下对外退赔外汇，持结汇水单或者收帐通知、索赔协议、理赔证明和已冲减出口收汇核销的证明；

(11) For foreign exchange refunded to the counterparty under exports, provide the settlement memo or credit advice, claim agreement, settlement certificate, and proof of reduction of export proceeds verification;

(十二)境外承包工程所需的投标保证金持投标文件，履约保证金及垫付工程款项持合同。

(12) For bid bonds required for overseas contracted projects, provide the bid document; for performance bonds and advance payments for project costs, provide the contract.

境内机构下列贸易及非贸易经营性对外支付，经营外汇业务的银行凭用户提供的支付清单先从其外汇帐户中支付或者兑付，事后核查：

For the following trade and non-trade operational foreign payments by domestic institutions, the bank handling foreign exchange business may, based on the payment list provided by the user, first pay or convert from its foreign exchange account, and conduct post-event verification:

(一)经国务院批准的免税品公司按照规定范围经营免税商品的进口支付；

(1) Import payments for duty-free goods by duty-free companies approved by the State Council within the scope of their business;

(二)民航、海运、铁道部门(机构)支付境外国际联运费、设备维修费、站场港口使用费、燃料供应费、保险费、非融资性租赁费及其他服务费用；

(2) Payments by civil aviation, maritime, and railway departments (agencies) for international interline freight, equipment maintenance fees, station and port usage fees, fuel supply fees, insurance premiums, non-financing lease fees, and other service fees;

(三)民航、海运、铁道部门(机构)支付国际营运人员伙食、津贴补助；

(3) Payments by civil aviation, maritime, and railway departments (agencies) for meals and allowances for international operating personnel;

(四)邮电部门支付国际邮政、电信业务费用。

(4) Payments by postal and telecommunications departments for international postal and telecommunications service fees.

境内机构下列对外支付用汇，由外汇局审核其真实性后，从其外汇帐户中支付或者到外汇指定银行兑付：

For the following foreign exchange payments for external use by domestic institutions, after verifying their authenticity, the foreign exchange administration shall allow payment from their foreign exchange accounts or payment by designated foreign exchange banks:

(一)超过本规定第十三条(四)规定比例和金额的预付货款；

(1) Advance payments exceeding the proportion and amount specified in Article 13(4) of these Regulations;

(二)超过本规定第十三条(六)规定比例和金额的佣金；

(2) Commissions exceeding the proportion and amount specified in Article 13(6) of these Regulations;

(三)转口贸易项下先支后收的对外支付；

(3) Payments under transit trade where payment is made before receipt;

(四)偿还外债利息；

(4) Repayment of foreign debt interest;

(五)超过等值1万美元的现钞提取。

(5) Cash withdrawals exceeding the equivalent of USD 10,000.

境内机构偿还境内中资金融机构外汇贷款利息，持《外汇(转)贷款登记证》、借贷合同及债权人的付息通知单，从其外汇帐户中支付或者到外汇指定银行兑付。

Domestic institutions paying foreign exchange loan interest to domestic Chinese-funded financial institutions shall, holding the Foreign Exchange (On-lending) Loan Registration Certificate, the loan contract, and the creditor's interest payment notice, pay from their foreign exchange accounts or at designated foreign exchange banks.

财政预算内的机关、事业单位和社会团体的非贸易非经营性用汇，按照《非贸易非经营性外汇财务管理暂行规定》办理。

Non-trade non-operational foreign exchange use by organs, institutions, and social groups within the fiscal budget shall be handled in accordance with the Interim Provisions on the Financial Management of Non-trade Non-operational Foreign Exchange.

财政预算外的境内机构下列非经营性用汇，持所列有效凭证从其外汇帐户中支付或者到外汇指定银行兑付：

For the following non-operational foreign exchange use by domestic institutions outside the fiscal budget, they shall, holding the listed valid documents, pay from their foreign exchange accounts or at designated foreign exchange banks:

(一)在境外举办展览、招商、培训及拍摄影视片等用汇，持合同、境外机构的支付通知书及主管部门批准文件；

(1) Foreign exchange for holding exhibitions, investment promotion, training, and filming movies and television programs abroad, holding the contract, the payment notice from the overseas institution, and the approval document from the competent authority;

(二)对外宣传费、对外援助费、对外捐赠外汇、国际组织会费、参加国际会议的注册费、报名费，持主管部门的批准文件及有关函件；

(2) Foreign exchange for external publicity expenses, foreign aid expenses, foreign donation foreign exchange, international organization membership fees, registration fees and participation fees for international conferences, holding the approval document from the competent authority and relevant correspondence;

(三)在境外设立代表处或者办事机构的开办费和年度预算经费，持主管部门批准设立该机构的批准文件和经费预算书；

(3) Establishment fees and annual budget expenses for setting up representative offices or offices abroad, holding the approval document for establishing the institution from the competent authority and the budget statement;

(四)国家教委国外考试协调机构支付境外的考试费，持对外合同和国外考试机构的帐单或者结算通知书；

(4) Examination fees paid abroad by the National Education Examinations Authority's overseas examination coordination agency, holding the foreign contract and the bill or settlement notice from the overseas examination institution;

(五)在境外办理商标、版权注册、申请专利和法律、咨询服务等所需费用，持合同和发票；

(5) Expenses for trademark and copyright registration, patent application, and legal and consulting services abroad, holding the contract and invoice;

(六)因公出国费用，持国家授权部门出国任务批件。

(6) Expenses for business trips abroad, holding the approval document for the overseas trip task from the state-authorized department.

上述(一)至(六)项以外的非经营性用汇，由外汇局审核其真实性以后，从其外汇帐户中支付或者到外汇指定银行兑付。

For non-operational foreign exchange use other than those listed in (1) to (6) above, after the foreign exchange bureau verifies its authenticity, payment shall be made from the foreign exchange account or at a designated foreign exchange bank.

居民个人的因私用汇，按照《境内居民因私兑换外汇办法》和《境内居民外汇存款汇出境外的规定》办理。

Foreign exchange for personal use by resident individuals shall be handled in accordance with the Measures for the Exchange of Foreign Exchange by Domestic Residents for Personal Use and the Provisions on the Remittance of Foreign Exchange Deposits of Domestic Residents Abroad.

居民个人移居出境后，下列合法人民币收益，持本人身份证明和所列有效凭证到外汇局授权的外汇指定银行兑付：

After a resident individual emigrates abroad, the following legitimate RMB income may be exchanged at a designated foreign exchange bank authorized by the foreign exchange administration upon presentation of identity certificate and the listed valid documents:

(一)人民币存款利息，持人民币存款利息清单；

(1) Interest on RMB deposits, with the interest statement of RMB deposits;

(二)房产出租收入的租金，持房产租赁合同和房产出租管理部门的证明；

(2) Rent from property leasing, with the property lease contract and the certificate from the property leasing management department;

(三)其他资产的收益，持有关的证明材料和收益清单。

(3) Income from other assets, with relevant supporting materials and income statement.

外商投资企业外方投资者依法纳税后的利润、红利的汇出，持董事会利润分配决议书，从其外汇帐户中支付或者到外汇指定银行兑付。

The remittance of after-tax profits and dividends by foreign investors of foreign-invested enterprises shall be made from their foreign exchange accounts or exchanged at designated foreign exchange banks upon presentation of the board resolution on profit distribution.

外商投资企业中外籍、华侨、港澳台职工依法纳税后的人民币工资及其他正当收益，持证明材料到外汇指定银行兑付。

After-tax RMB wages and other legitimate income of foreign, overseas Chinese, Hong Kong, Macao and Taiwan employees of foreign-invested enterprises shall be exchanged at designated foreign exchange banks upon presentation of supporting materials.

按照规定应当以外币支付的股息，依法纳税后持董事会利润分配决议书从其外汇帐户中支付或者到外汇指定银行兑付。

Dividends that are required to be paid in foreign currency shall, after tax payment, be paid from the foreign exchange account or exchanged at a designated foreign exchange bank upon presentation of the board resolution on profit distribution.

驻华机构及来华人员的合法人民币收入，需汇出境外时，持证明材料和收费清单到外汇局授权的外汇指定银行兑付。

When legitimate RMB income of resident representative offices and foreign individuals in China needs to be remitted abroad, it shall be exchanged at a designated foreign exchange bank authorized by the foreign exchange administration upon presentation of supporting materials and a fee list.

驻华机构及来华人员从境外携入或者在境内购买的自用物品、设备、用具等，出售后所得人民币款项，需汇出境外时，持工商登记证或者本人身份证明和出售凭证到外汇局授权的外汇指定银行兑付。

When self-used articles, equipment, utensils, etc. brought from abroad or purchased in China by resident representative offices and foreign individuals are sold and the RMB proceeds need to be remitted abroad, the exchange shall be made at a designated foreign exchange bank authorized by the foreign exchange administration upon presentation of the business registration certificate or identity certificate and the sales voucher.

临时来华的外国人、华侨、港澳台同胞出境时未用完的人民币，可以凭本人护照、原兑换水单(有效期为6个月)兑回外汇，携出境外。

Foreigners, overseas Chinese, and compatriots from Hong Kong, Macao, and Taiwan who are temporarily in China and have unused Renminbi upon departure may convert the Renminbi back into foreign exchange and take it out of the country by presenting their passport and the original exchange memo (valid for 6 months).

境内机构资本项目下的外汇应当在经营外汇业务的银行开立外汇帐户。

Foreign exchange under capital account of domestic institutions shall be kept in foreign exchange accounts opened at banks that handle foreign exchange business.

境内机构下列范围内的外汇，未经外汇局批准，不得结汇：

Domestic institutions shall not settle the following foreign exchange without approval from the foreign exchange administration:

(一)境外法人或自然人作为投资汇入的外汇；

(1) Foreign exchange remitted in as investment by overseas legal persons or natural persons;

(二)境外借款及发行外币债券、股票取得的外汇；

(2) Foreign exchange obtained from overseas borrowings and issuance of foreign currency bonds and stocks;

(三)经国家外汇管理局批准的其他资本项目下外汇收入。

(3) Other foreign exchange income under capital account approved by the State Administration of Foreign Exchange.

除出口押汇外的国内外汇贷款和中资企业借入的国际商业贷款不得结汇。

Domestic foreign exchange loans other than export bill purchase and international commercial loans borrowed by Chinese-funded enterprises shall not be settled.

境内机构向境外出售房地产及其他资产收入的外汇，除本规定第十条限定的数额外应当卖给外汇指定银行。

Foreign exchange income from the sale of real estate and other assets abroad by domestic institutions shall be sold to designated foreign exchange banks, except for the amount limited in Article 10 of these Regulations.

境内机构偿还境内中资金融机构外汇贷款本金，持《外汇(转)贷款登记证》、借贷合同及债权机构的还本通知单，从其外汇帐户中支付或者到外汇指定银行兑付。

When domestic institutions repay the principal of foreign exchange loans from domestic Chinese-funded financial institutions, they shall pay from their foreign exchange accounts or purchase foreign exchange at designated foreign exchange banks by presenting the Foreign Exchange (On-lending) Loan Registration Certificate, the loan contract, and the repayment notice from the creditor institution.

境内机构资本项目下的下列用汇，持所列有效凭证向外汇局申请，凭外汇局的核准件从其外汇帐户中支付或者到外汇指定银行兑付：

For the following foreign exchange uses under the capital account of domestic institutions, the institution shall apply to the foreign exchange administration with the listed valid documents, and pay from its foreign exchange account or convert at a designated foreign exchange bank upon the approval document of the foreign exchange administration:

(一)偿还外债本金，持《外债登记证》、借贷合同及债权机构还本通知单；

(1) Repayment of principal of foreign debts, holding the Foreign Debt Registration Certificate, loan contract, and repayment notice from the creditor institution;

(二)对外担保履约用汇，持担保合同、外汇局核发的《外汇担保登记证》及境外机构支付通知；

(2) Foreign exchange for performance of external guarantees, holding the guarantee contract, the Foreign Exchange Guarantee Registration Certificate issued by the foreign exchange administration, and the payment notice from the overseas institution;

(三)境外投资资金的汇出，持国家主管部门的批准文件和投资合同；

(3) Remittance of overseas investment funds, holding the approval document of the competent state authority and the investment contract;

(四)外商投资企业的中方投资者经批准需以外汇投入的注册资金，持国家主管部门的批准文件和合同。

(4) Registered capital to be invested in foreign exchange by the Chinese investor of a foreign-invested enterprise upon approval, holding the approval document of the competent state authority and the contract.

外商投资企业的外汇资本金的增加、转让或者以其他方式处置，持董事会决议，经外汇局核准后，从其外汇帐户中支付或者持外汇局核发的售汇通知单到外汇指定银行兑付。

For the increase, transfer, or other disposal of foreign exchange capital of a foreign-invested enterprise, the enterprise shall, holding the board resolution and upon approval by the foreign exchange administration, pay from its foreign exchange account or convert at a designated foreign exchange bank with the sale notice issued by the foreign exchange administration.

投资性外商投资企业外汇资本金在境内投资及外方所得利润在境内增资或者再投资，持外汇局核准件办理。

For investment of foreign exchange capital of an investment-type foreign-invested enterprise within China and for reinvestment or additional investment in China with profits obtained by the foreign party, the enterprise shall handle the matter with the approval document of the foreign exchange administration.

外商投资企业可以在外汇指定银行办理结汇和售汇，也可以在外汇调剂中心买卖外汇，其他境内机构、居民个人、驻华机构及来华人员只能在外汇指定银行办理结汇和售汇。

Foreign-invested enterprises may handle settlement and sale of foreign exchange at designated foreign exchange banks, and may also buy and sell foreign exchange at foreign exchange adjustment centers. Other domestic institutions, resident individuals, resident representative offices, and incoming personnel may only handle settlement and sale of foreign exchange at designated foreign exchange banks.

从外汇帐户中对外支付时，经营外汇业务的银行应当根据规定的外汇帐户收支范围及本规定第二、三章相应的规定进行审核，办理支付。

When making external payments from a foreign exchange account, the bank handling foreign exchange business shall conduct review in accordance with the prescribed scope of receipts and payments of the foreign exchange account and the corresponding provisions of Chapters II and III of these Regulations, and handle the payment.

外汇指定银行办理售汇和付汇后，应当在相应的有效凭证和有效商业单据上签章后留存备查。

After handling the sale and payment of foreign exchange, the designated foreign exchange bank shall stamp the corresponding valid vouchers and valid commercial documents and retain them for future reference.

外汇指定银行应当根据中国人民银行每日公布的人民币汇率中间价和规定的买卖差价幅度，确定对客户的外汇买卖价格，办理结汇和售汇业务。

The designated foreign exchange bank shall determine the foreign exchange buying and selling prices for customers based on the central parity of RMB exchange rate published daily by the People's Bank of China and the prescribed bid-ask spread, and handle the settlement and sale of foreign exchange.

从外汇帐户中支付或者购汇支付，应当在有关结算方式或者合同规定的日期办理，不得提前对外付款；除用于还本付息的外汇和信用证/保函保证金外，不得提前购汇。

Payments made from foreign exchange accounts or through purchase of foreign exchange shall be made on the date specified in the relevant settlement method or contract, and no advance payment shall be made; except for foreign exchange used for repayment of principal and interest and letter of credit/guarantee deposits, no advance purchase of foreign exchange shall be made.

为使有远期支付合同或者偿债协议的用汇单位避免汇率风险，外汇指定银行可以按照有关规定为其办理人民币与外币的远期买卖及其他保值业务。

In order to enable foreign exchange users with forward payment contracts or debt repayment agreements to avoid exchange rate risks, designated foreign exchange banks may handle forward RMB/foreign exchange transactions and other hedging services for them in accordance with relevant regulations.

易货贸易项下进口，未经外汇局批准，不得购汇或者从外汇帐户支付。

For imports under barter trade, without the approval of the foreign exchange authority, no foreign exchange may be purchased or paid from foreign exchange accounts.

经营外汇业务的银行应当按照规定向外汇局报送结汇、售汇及付汇情况报表。

Banks engaged in foreign exchange business shall submit statements on settlement, sale, and payment of foreign exchange to the foreign exchange authority as required.

外汇指定银行应当建立结售汇内部监管制度，遇有结售汇异常情况，应当及时向国家外汇管理局当地分支局报告。

Designated foreign exchange banks shall establish internal supervision systems for foreign exchange settlement and sale, and in case of abnormal situations in foreign exchange settlement and sale, they shall promptly report to the local branch of the State Administration of Foreign Exchange.

境内机构应当在其注册地选择经营外汇业务的银行开立外汇帐户、按照本规定办理结汇、购汇、付汇业务。境内机构在异地和境外开立外汇帐户，应当向外汇局申请。

Domestic institutions shall choose a bank engaged in foreign exchange business at their place of registration to open foreign exchange accounts and handle settlement, purchase, and payment of foreign exchange in accordance with these regulations. Domestic institutions opening foreign exchange accounts in other places or abroad shall apply to the foreign exchange authority.

外商投资企业经常项下的外汇收入，经批准可以在注册地选择经营外汇业务的银行开立外汇结算帐户。

Foreign-invested enterprises may, with approval, open foreign exchange settlement accounts at a bank engaged in foreign exchange business at their place of registration for foreign exchange income under current account.

经营外汇业务的银行和有结汇、购汇、付汇业务的境内机构，应当无条件接受外汇局的监督、检查，并出示、提供有关材料。对违反本规定的，外汇局可对其处以警告、没收违法所得、罚款的处罚；对违反本规定，情节严重的经营外汇业务的银行，外汇局可对其处以暂停结售汇业务的处罚。

Banks engaged in foreign exchange business and domestic institutions handling settlement, purchase, and payment of foreign exchange shall unconditionally accept the supervision and inspection of the foreign exchange authority and present and provide relevant materials. For violations of these regulations, the foreign exchange authority may impose warnings, confiscate illegal gains, or impose fines; for banks engaged in foreign exchange business that violate these regulations with serious circumstances, the foreign exchange authority may impose a penalty of suspending their foreign exchange settlement and sale business.

本规定由国家外汇管理局负责解释。

These Regulations shall be interpreted by the State Administration of Foreign Exchange.

本规定自1996年7月1日起施行。1994年3月26日发布的《结汇、售汇及付汇管理暂行规定》同时废止。其他规定与本规定相抵触的，以本规定为准。

These Regulations shall come into effect as of July 1, 1996. The Provisional Regulations on the Settlement, Sale, and Payment of Foreign Exchange issued on March 26, 1994 shall be repealed simultaneously. In case of any conflict between other regulations and these Regulations, these Regulations shall prevail.