State Administration of Foreign Exchange, Circular on Adjusting the Administration Mode for Market Entry into and Exit from the Spot Settlement and Sale of Foreign Exchange Businesses of Banks

国家外汇管理局关于调整银行即期结售汇业务市场准入和退出管理方式的通知

May 02, 2007 | BY

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Application procedures for settlement and sale of foreign exchange businesses by banks simplified.

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Issued: April 17 2007
Effective: As of date of issue

Main Contents: The State Administration of Foreign Exchange (SAFE) adjusts the administration mode for market entry into the spot settlement