Facilitating Foreign Exchange Receipts and Payments under the Capital Account
01 Q: In what respects are foreign exchange receipts and payments under the capital account facilitated?
A: After the facilitation policy comes into effect,an eligible enterprise,when using foreign exchange receipts under the capital account and renminbi funds obtained from foreign exchange settlement for domestic payments,may directly process the payment at an eligible bank based on the Order of Payment for Facilitating Foreign Exchange Receipts and Payments under the Capital Account without having to submit materials certifying the veracity of each transaction in advance.
02 Q: What is included in "receipts" in the facilitation of foreign exchange receipts and payments under the capital account?
A: "Receipts" as included in the policy for facilitating foreign exchange receipts and payments under the capital account includes foreign exchange capital,foreign debts in foreign currency and foreign-currency funds obtained from overseas listings.