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individuals in the Pudong New Area, the first pilot license and foreign currency exchange business, was introduced in 2005 following the Pudong New Area multinational management of foreign exchange funds reform financial center, but also for the World Expo 2010 will provide efficient and convenient currency exchange service ready.
Pudong Airport, Zhangjiang subway station 3 Exchange Point

pilot Individual Foreign Exchange franchise question and answer
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According to international experience, personal foreign currency exchange markets in general by the bank outlets, licensed money changers and some merchants composition, for different customer groups and characteristics of the multi-level customer service system.

present, domestic individuals with ID cards, per person per day not more than 5000 cumulative convertible dollar foreign currency, a the amount of not more than 5 years Exchange million; foreign individuals with passport, cumulative per person per day for not more than 500 U.S. dollars equivalent (ceiling outlets outside the customs territory of 1000 U.S. dollars) yuan against the foreign currency business.
Individual Foreign Exchange franchise, is the domestic non-financial institutions approved by the SAFE, as individuals for between RMB and foreign currency exchange business, including cash and traveler's check exchange.




compared with banks, money exchange companies in the future distribution in the network, service time and quality, poor exchange rate to play advantage, with the bank to start similar business competition.
● What is the Individual Foreign Exchange franchise business?

currency exchange companies to be more cost-effective than bank
the new network on August 21 in Zhejiang electricity in the future, the people left after the outbound travel of small foreign currency, will be in the bank for redemption outside the franchise network, and also premium is expected to be more cost-effective than bank exchange price. Formal approval of the State Administration of Foreign Exchange in Beijing and Shanghai recently launched personal pilot of the foreign exchange franchise, Pudong New Area was officially launched yesterday, this work became the first person of the foreign currency exchange franchise pilot areas.

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● The personal pilot of the foreign currency exchange franchise What are the main contents?
the main contents of this pilot include: First, allow qualified domestic institutions, for individuals and foreign currency exchange services, the total amount of the required annual foreign exchange settlement services for domestic individual foreign exchange business and foreign individuals ,neverfull gm louis vuitton, and for foreign individuals for equivalent per person per day for less than $ 500 (outside the customs territory limit is $ 1,rosetta stone in spanish,000 outlets) of the RMB against the foreign currency business. Second, for individual franchise operations and foreign currency exchange operators can use their own brand of self-management, self-financing; can choose their own cooperative banks; can be selected according to their service capabilities position the currencies traded and the exchange rate with reference to the management of the People's Bank of China traded on the exchange rate shall be determined. Third, individuals and foreign currency exchange business to be accessed through the State Administration of Foreign Exchange management information system for personal exchange settlement, foreign exchange control the whole process. ● apply to run individual franchise operations and foreign currency exchange within the non-financial institutions should have what conditions?
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applications for operating personal business of the domestic foreign exchange licensed non-financial institutions should meet the following conditions: (1) with the administrative department for industry and commerce registration of an independent legal personality; (2) suitable for Individual Foreign Exchange franchise business premises and facilities; (3) registered capital of not less than 100 million yuan; (4) on behalf of a foreign currency exchange agencies eligible for more than one year; (5) managers with at least two or foreign currency exchange relevant business experience; (6) each with not less than two network operators are familiar with foreign exchange management policy and personal foreign currency exchange business staff; (7) case by case basis with a complete record of individual franchise operations and foreign currency exchange conditions,wallets paul smith,建立创业园区造岗位 宝山路街道主动促进就业 -- 浙江新闻网 news.zj.com, as well as eye-catching way to display Currency Conversion and premium equipment and facilities; (8) with foreign currency pricing,languages rosetta Overseas Chinese of Shanghai World Expo Center was officially, transporting the cash in foreign currency, with notes, storage, storage, collection and other conditions; (9) meet the State Administration of Foreign exchange settlement and sales people access to management information system software and hardware conditions; (10) other conditions required by the SAFE. ● How to eligible individuals for domestic institutions and foreign currency exchange business?
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currency exchange company insiders said the cost of establishing a currency exchange shop is much lower than bank branches, and related policy also allows custom dollar exchange companies,coach factory outlet 上海实行化装品保险报备准入制 可网上查问 -- 浙江消息网 news., self-financing, in the case of the conditions are ripe, currencies conversion price of the company will exchange with the banks under certain differences, in order to attract target customers. That is, the number of people hold the same foreign currency, currency exchange company is expected to be more than RMB bank.
the new network on August 21 Zhejiang Power in the future, the public left after the outbound travel of small foreign currency, will be available at license outlets other than banks to exchange, and also is expected to be more cost-effective than bank exchange premium price. Formal approval of the State Administration of Foreign Exchange in Beijing and Shanghai recently launched personal pilot of the foreign exchange franchise, Pudong New Area was officially launched yesterday, this work became the first individual license of the foreign exchange industry


□ in the future in Shanghai, Hong Kong residents as individuals as easy to exchange the foreign currency. The picture shows the Hong Kong exchange shop in Central.
】 【into the Photo Channel ->
It is reported that companies need currency exchange related to foreign exchange control regulations in the countries under the framework of the business,bleached jeans, the public are required to produce identity cards in foreign currency exchange and the entry point for those who exchange information.



for the World Expo preparation during the high currency exchange
the lead in trying to Pudong, and foreign currency exchange license for personal business, will help business operators to play a long time,paul smith stockist, exchange currency and diverse, flexible operation mechanisms, professional services and other advantages, with the bank's exchange operations complementary, to better serve the individual needs of the foreign currency exchange business.