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Settlement

Individual Forex Settlement

Individual Forex Settlement means consumers purchase foreign exchange from banks or foreign exchange holder sell it to banks,then banks pay equivalent RMB according to exchange rate.


Features


1.Safety
The most basic foreign exchange products, allow you to avoid exchange rate risk in time when exchange rate changes frequently;
2.Convenience
You just dial 95568,inquiry nearest branch to experience convenient and efficient service of our bank;
3.Flexibility
Minsheng Bank provides you with following Forex Sale and Purchase Businesses : USD , E uro,  HKD , T en, GBP , AUD , CAD , Swiss  F ranc, S GD.


Application and Approval Process
You should take your ID Card.


Service charges
Converted by current foreign exchange quotation of Minsheng Bank


Tips
According to SAFE policy, forex settlement quota for individuals is equivalent to $50,000 per person per year, relevant materials have to be provided if exceeding this amount. Call 95568 for  detailed information.


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