2026Good faithThe foreign exchange prize and question-and-answer competition for the promotion of the month has returned, and many foreign trade enterprises and individuals have yet to identify compliance and exchange rate avoidance points. This year, the bank used a two-track online and off-line model to put a new deal on foreign exchange and to combat illegal cross-border finance into publicity。
Foreign exchange changes and compliance floors line
Since september, the national foreign exchange administration has been promoting a series of "presentity and business promotion months" in various locations, with the bank of zhongqiao following up as a local bank. The core component, which revolves around "good faith, conformity and remittance", focuses on the adjustments made in the latest foreign exchange regulations to cross-border trade remittances, foreign investment remittances and the level of personal annual facilitation. Foreign-trade enterprises are liable to penalties if they continue to operate using old methods。
By way of example, the number of local foreign-trade enterprises is over 10,000, many of which have vague knowledge of new regulations such as the level of remittances and the period of the cross-border renminbi settlement window. In the case of the customer's closing transactions, the bank's network staff, on a case-by-case basis and in line with the requirements of the latest policy note, explain the consequences of the "infractions on the watch list, affecting subsequent letters and opening of accounts", so that the client does not want to break the law and does not dare to do so。
How does the exchange-rate avoidance tool work in practice
This year, the foreign exchange office focused its advocacy on the concept of neutral exchange rate risk, encouraging enterprises to target costs with such instruments as forward cash transfers, foreign exchange options and currency swaps. The foreign exchange operations team of the bank has been visiting foreign trade enterprises since september and explaining the course of operations with specific product programmes. For example, when an exporting textile enterprise remits $2 million a month and keeps exchange rate fluctuations within 1 per cent or less through forward locks, profits are not afraid of sudden exchange rate jumps。
At the square and at the community level, the bank staff made it clear to the population that children were going abroad to study and that making a forward purchase would be tantamount to locking up the price for the future without waiting for the date of delivery for the exchange rate. This scenario is more useful than reading documents, and many people on the scene have made an on-the-spot booking of business advice and have entered the foreign exchange q & a entry point。
What's illegal about the underground money store and the internet wire transfers
One of the mined areas repeatedly highlighted during the month was illegal cross-border financial activities. Underground money is exchanged for the dollar through domestic and foreign funds, leaving the bank free for the entire journey and facing imprisonment for up to five years if identified. Since 2025, the foreign exchange office, together with the public security service, has eliminated a number of money-laundering rings hidden under the shell of cross-border trade, involving hundreds of millions of yuan, and related cases have been reported in the district。
The network is another high-frequency trap. Some "foreign exchange teachers" shouted on micro-messages, short video platforms, promising more than 30 per cent of annual returns, and did so on a fund roll. The bank re-plays the warning cases on the hall eirabo and the electronic screen, suggesting that all foreign exchange operations must be handled through licensed banks. Once the funds have been transferred to the so-called "silver platform" abroad, there will probably be no way to file a complaint。
Campaigning at the bank of zhongqiao and online channels
At the bottom of the line, banyamiya bank mobilizes all branch sites under its flag, with electronic screens broadcasting of promotional videos, halls with e-labo and counters with brochures. Clients lined up and the clerks volunteered to hand over a page to explain the points of their compliance. In the second week of september, it also set up mobile booths in the town square, distributing more than 300 copies of material on site, introducing foreign exchange regulations, covering thousands of inhabitants of surrounding communities and bringing compliance awareness to the door。
At the top of the line, banyamiya bank has cut short videos of the neutral promotion of exchange rate risk, the fight against cross-border gambling, foreign exchange and cross-border trade competitions for knowledge of the renminbi, and sent them to micro-intelligence public signs, shivering and client micro-intelligence. During the same period, the "foreign exchange award questions and answers" line was launched, with the completion of topics that can be done by drawing a compliance manual or a small call fee, with a cumulative amount of praises and comments of over 10,000, with a significantly higher degree of interaction heat than in previous years。
Why aren't you ready for the quiz competition? The pit
This year, foreign exchange awards and questions cover the basic system of foreign exchange management, the level of personal convenience, cross-border renminbi settlements, the operation of exchange-rate avoidance products, the fight against money-laundering and the fight against illegal cross-border finance. The point of the travaux préparatoires is not to die, but to understand why. The core logic, for example, is to distinguish between current and capital items, for example, the amount of $50,000 per year for personal facilitation, and to respond in this direction, which is basically a half point。
The bank decomposed the competition library into three issues per day to facilitate the use of debris time by employees of foreign trade enterprises. The top error points are recorded in the back of the answering desk and are then concentrated and given a second lecture. There has been feedback from companies involved in previous years, insisting that they finish the repository and then take the award to the examination, and that they have set the bottom line for compliance, one by one。
The shift from passive compliance to active risk avoidance
The post-advocacy banking statistics found that foreign exchange compliance consultations had more than doubled in september than in august, with an increase of nearly 40 per cent in foreign-trade enterprises making offers to book exchange rate avoidance programmes. In the past, many businesses had gone to the banks and were now planning to avoid risk at the beginning of the year. This shift is indicative of the usefulness of repeated statements, in that honest business is not just a slogan, but a practical way to save business money and avoid risk。
For the general population, the greatest gain is the perception of an additional formal channel. A lot of people used to think that money transfers and cross-border transfers were faster to find "knowers" and now know that banks can do it on the internet and mobile banks, that they have a regulatory endorsement of funds, and that there is a problem with the law. It's the bankSocial responsibilityThe fall on "let's make compliance a habit" adds real bricks to the city-wide foreign exchange market order。
Did your firm have an exchange rate avoidance program this year? What's the most interesting and wrong answer in foreign exchange awards? Let's talk in the comment area, let's hear it for a lot of people, and help you avoid the pits。
