On December 22, it was reported that recently, PagoFX, a sub platform of Santander Bank, launched cross-border remittance services for Spanish residents.The service, operated by PagoNxt, will allow Spanish residents to use any debit or credit card to
All businesses engaged in cross-border business should pay attention to the latest exchange policy, so what regulations are proposed in the latest exchange policy? Let's follow the editor to see!1. According to the Rules for the Implementation of the Measures for the Administration of Individual Foreign Exchange
The Supreme People's Court and the Supreme People's Procuratorate of China jointly issued the Interpretation on Several Issues Concerning the Application of Law in the Handling of Criminal Cases of Illegal Engaging in Capital Settlement, Payment and Settlement Business and Illegal Trading in Foreign Exchange, which clearly stipulates that the implementation of the Interpretation shall be reversed
Nowadays, more and more people in the circle of friends go abroad to study, and the country has more and more strict control on individual exchange.If you do not understand the regulations on individual exchange, you may have violated the law.So, let's work together
For ordinary people, there is also a need to pay attention to exchange. For example, if 100000 yuan is used to exchange US dollars in the bank, the final exchange amount of two different banks may differ by nearly 100 yuan. If bills of exchange, telegraphic transfers and cheques are used, there may also be
As a foreign trader, we should be familiar with what the exchange cost is.It is defined as the cost of domestic currency (RMB) for an export commodity to exchange a unit of foreign exchange.It is an indicator to measure the profit and loss of export business of foreign trade enterprises
The exchange cost is an unavoidable barrier for export tax rebate of foreign trade enterprises. No matter how long you are engaged in this industry, you will encounter this problem more or less.Even in some areas, the competent tax bureau can exchange foreign exchange into
How to calculate the exchange cost?What is the calculation formula of exchange cost?Come and have a look with Xiao Bian!Here I recommend a foreign exchange conversion tool for my friends.The high exchange cost is due to the high purchase cost, which is
Nowadays, more and more people go abroad to travel and study. The necessary link for going abroad is to exchange foreign exchange.However, it is not very convenient for our country to conduct individual exchange, so I will introduce how individuals exchange. &nbs...
Some readers ask what exchange is for small editors?What is the export cost of exchange?Next, let's talk about the exchange and the export cost of exchange. Let's have a look!The cost of export exchange refers to the net income of export commodities
What is China's exchange rate quotation?How to query an exchange rate quotation?Do you all know?I don't know, just join me and see what they mean!Exchange rate refers to the ratio of exchange between two currencies
Some readers asked the editor, what's the difference between the dollar spot exchange and the cash?Today, let's talk about this topic. Let's have a look!I hope it is helpful to you.If investors decide to convert RMB into US dollars
With the development of the economy, the investment channels of individual investors are gradually diversified. As an investment form that has been mature for decades in foreign countries, the exchange rate speculation has entered the sight of ordinary Chinese people as soon as possible
Due to the difference in interest rates among countries, investors transfer their funds from countries with low interest rates to countries with high interest rates in order to obtain higher returns.In the past year, the US dollar has continuously appreciated with continuous interest rate hikes, and since this year
Why does the RMB exchange rate break 7?The relevant person in charge of the People's Bank of China said that under the influence of unilateralism and trade protectionism measures and the expectation of levying tariffs on China, the RMB depreciated against the US dollar today, breaking through the
What is the source of funds in the offshore RMB market?Today, I'll give you some answers. Let's have a look!At present, China's capital account has not been fully opened, and domestic RMB funds flow out into the offshore market
The offshore RMB and onshore RMB have been shared with you before. What will be the impact of different exchange rates of offshore RMB and onshore RMB?Today, I will continue to share with you!Offshore RMB refers to
As we all know, offshore RMB and onshore RMB are better than onshore RMB most of the time. So where does the difference between offshore RMB and onshore RMB come from?Today, I will tell you about this problem
What is the relationship between the offshore RMB market and the onshore market?Come and have a look with Xiao Bian!I hope it is helpful to you.In the case that the RMB is not fully convertible and there are restrictions on capital account, the RMB offshore market and
Some readers asked what are the main products of offshore RMB?Next, I will explain it to you. Let's have a look!1. Hong Kong RMB futures (trading code CUS) Hong Kong Stock Exchange 20