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What procedures shall the foreign invested enterprises follow to exchange the foreign currencies at the bank?

April 26, 2017Bank currencies Enterprises exchange Follow foreign invested procedures shall

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What procedures shall the foreign invested enterprises follow to exchange the foreign currencies at the bank?

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The Foreign Invested Enterprises should apply to their account-opening bank for handing the foreign exchange and then provide the necessary documents such as Application For for exchanging foreign currency, payment voucher of foreign currency or cheque according to the bank’s requirements.