What you'll need
- access to CZCB online banking;
- account numbers — the foreign-currency account (USD/EUR) and the yuan account (CNY) — and the customs code;
- the trade documents: contract, invoice and bill of lading.
Currency exchange in online banking
The bank accepts corporate currency-purchase requests on business days (check the exact hours with your bank manager). On public holidays, processing moves to the next business day.
Stage 1. Logging in to online banking
Step 1. Log in to CZCB online banking and open the section shown in the screenshot.
Stage 2. Currency-purchase request
Step 2. Open the currency-purchase section (the sequence is shown in the screenshots below).
Step 3. Enter the account number (USD/EUR), the currency, the amount, the account number (CNY) and the customs code. In type of funds, select 一般贸易 ("general trade").
Step 4. Click the button shown in the screenshot.
Stage 3. Documents and confirmation
Step 5. Confirm the details and upload the trade documents — the contract, the invoice and the bill of lading.
Step 6. Click the button shown in the screenshot — the request is sent for review.
Once the review is complete, the entry is confirmed and the currency is purchased at the rate in effect at the time of the entry.
Stage 4. Managing the currency purchase
Operations that have cleared review in the international settlement system can be found in the section shown in the screenshot.
Step 7. In the section that opens, click the button shown in the screenshot.
Step 8. Click the transaction number to view the transaction details (see the screenshots below).
Step 9. Done! Click print to print the currency-purchase receipt (see the screenshot below).
Exchanging currency at a bank branch
To exchange currency at a branch, you need to bring the physical trade documents to the bank. To arrange the operation, reach out in your client chat with private.law.
If the request is rejected
If the request is rejected, the bank states the reason through your manager; the typical reason is an incomplete set of trade documents.