Will there be SMS notification for foreign exchange entry?

Whether there is SMS notification for foreign exchange entry depends on whether you have SMS notification function in the bank. If there is, there will be SMS notification. If it is not handled, there will be no SMS notification.

1. If there is SMS notification, you need to activate the account balance change notification function of ICBC. No matter where the remittance is made, as long as the balance changes (except the internal interest settlement in the bank), it will be notified to my mobile phone number reserved in the bank by SMS.

Two. Our bank has launched personal online banking settlement and sale of foreign exchange. For example, ICBC provides online foreign exchange settlement and sale services for domestic individual customers who open multi-currency accounts in ICBC and open online banking, and provides transaction details inquiry function. Its characteristic advantage is that it can handle personal settlement and sale of foreign exchange through personal online banking, without going to the counter to handle business, and the operation is simple.

Third, the settlement and sale of foreign exchange through online banking is very simple:

1. Anyone who holds a multi-currency account of ICBC and opens personal online banking can handle small-amount foreign exchange purchase business.

2. Customers who register online banking by themselves can also conduct settlement and sale of foreign exchange through online banking. In the process of online banking transactions, there is no need for media authentication, that is, online banks registered in any form can handle foreign exchange settlement and sale business.

3. Personal online banking settlement and sale of foreign exchange is based on customers and the annual trading limit is controlled. The maximum amount of annual foreign exchange settlement and sale is equivalent to US$ 50,000. 4. The currencies for settlement and sale of foreign exchange are US dollars, Hong Kong dollars, Japanese yen, Euro, British pound, Australian dollar, Canadian dollar, Singapore dollar and Swiss franc. For example, ICBC's wealth management gold card, smart card and current passbook can all purchase foreign exchange.

Four. The Regulations of People's Republic of China (PRC) Municipality on Foreign Exchange Management is the basic administrative regulation of foreign exchange management, which mainly stipulates the basic principles and systems of foreign exchange management. 1released in the State Council on June 29th, 996, and implemented as of April 29th, 2006 according to the State Council's Decision on Amending the Regulations on Foreign Exchange Control in People's Republic of China (PRC).

The main provisions of the Regulations on Foreign Exchange Control:

1. Financial institutions must hold a foreign exchange business license before they can engage in foreign exchange business.

2. Financial institutions engaged in foreign exchange business shall open accounts for customers in accordance with regulations and handle relevant foreign exchange business.

3. Financial institutions engaged in foreign exchange business shall deposit foreign exchange deposit reserves in accordance with the regulations, abide by the regulations on the management of foreign exchange assets and liabilities, and establish bad debt reserves.

4. Designated foreign exchange banks shall use their own funds for RMB funds needed for foreign exchange settlement business.