ChineseEnglish
    Rules and Regulations
    • Index number:
      000014453-2015-00340
    • Dispatch date:
      2015-08-05
    • Publish organization:
      State Administration of Foreign Exchange
    • Exchange Reference number:
      Huifa No. 27 [2015]
    • Name:
      Circular of the State Administration of Foreign Exchange on Detailed Rules for the Implementation of the Declaration of Balance of Payments Statistics through Banks
    Circular of the State Administration of Foreign Exchange on Detailed Rules for the Implementation of the Declaration of Balance of Payments Statistics through Banks

    The branches and administrative departments of the State Administration of Foreign Exchange (SAFE) in various provinces, autonomous regions, and municipalities directly under the Central Government, the SAFE branches in Shenzhen, Dalian, Qingdao, Xiamen, and Ningbo, and nationwide Chinese-funded banks:

    For the purpose of standardizing the declaration of balance of payments statistics for foreign-related receipts and payments by the declarer through domestic banks, the SAFE has revised the Detailed Rules for the Implementation of the Declaration of Balance of Payments Statistics through Banks (see appendix), which is now printed and distributed. All branches and foreign exchange administrative departments of the SAFE shall, after receipt of this Circular, forward it to the central sub-branches, sub-branches, urban commercial banks, rural commercial banks, wholly foreign-funded banks, Chinese-foreign equity joint venture banks, branches of foreign banks, and rural cooperative financial institutions within their respective jurisdictions in a timely manner. All nationwide Chinese-funded banks shall forward it to their branches and sub-branches timely for implementation.

     

    Appendix: Detailed Rules for the Implementation of the Declaration of Balance of Payments Statistics through Banks

     

    State Administration of Foreign Exchange

    June 18, 2015





    FILE: Detailed Rules for the Implementation of the Declaration of Balance of Payments Statistics through Banks

    The English translation may only be used as a reference. In case a different interpretation of the translated information contained in this website arises, the original Chinese shall prevail.

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