9月2日，中国网络金融。国家外汇管理局近日发布了《关于跨国公司外汇资金集中经营管理的规定》的通知。根据通知，跨国公司的成员公司在外债借贷中实行比例自律，托管公司可以集中全部或部分成员公司的外债额度；外债清算资金可以依法用于偿还人民币贷款，股权投资等；公司可以根据商业原则独立申请外债注册。选择还款的币种。

该通知还指出，国内银行通过国际外汇基金总账户存款可以在国内使用，其使用限额不得超过前六个月平均每日存款余额的50％（含）；它们将被包括在银行的外汇结算和销售头寸管理中。在此前提下，允许在帐户中一定比例的资金内进行外汇结算和销售。

以下是通知的全文：

国家外汇管理局关于印发《跨国公司外汇资金集中经营管理规定》的通知

国家外汇管理局在各省，自治区，直辖市的分支机构和外汇管理部门，以及深圳，大连，青岛，厦门和宁波的分支机构：

为进一步促进贸易投资便利化和为实体经济服务，国家外汇管理局（以下简称国家外汇管理局）修订了《外汇资金集中管理管理规定》。跨国公司（用于试行）。”通知如下：

一、外债比例自律管理。跨国公司成员公司对外债借款实行比例自律。托管公司可以集中全部或部分成员公司的外债配额；外债清算资金可以依法用于偿还人民币贷款和股权投资；注册外债货币后，公司可以选择根据商业原则偿还债务。

二、优化了国际主账户的功能。国内银行通过国际外汇基金总账户吸收的存款，在国内的使用限额为前六个月平均每日存款余额的50％（含）以下；帐户中的资金必须在一定百分比内计入银行的外汇结算和销售头寸管理的前提下允许。

三、简化开户要求。允许跨国公司集中经营A类成员公司的经常账户外汇收入，而无需输入待确认的出口收入帐户；合格的跨国公司保荐人可以在不同的地方开设国内和国际外汇资本主账户。

四、简化外汇收支程序。根据“了解客户”，“了解业务”和“尽职调查”的原则，核实了相关电子文件的真实性后，允许银行处理活期账户下的外汇收支；允许经常账户和资本账户下的外汇购买和支付由银行处理。

五、改进涉外收支的申报程序。简化集中汇兑，结汇收支净额的申报程序，建立符合资金池自动清算模式的涉外收支申报方法，允许银行和企业签署一揽子服务中的与国外相关的收支协议。

六、在活动期间和活动之后加强管理。首先，银行，企业等应按照规定及时，准确地报告试点业务等数据。二是各级外汇局要加强对跨国公司外汇资金集中运作和管理中的跨境资金流向的监控，对异常或可疑情况给予预警，并按照规定进行现场检查。与法律。第三，各分支机构和外汇管理部门（以下简称分支机构）可以要求主办公司一次更新以前的备案材料，并重新制定备案的操作程序；或者他们只能申请新业务，例如对外债比例进行自律管理。分局应当按照上述规定向总局办理备案手续，新设的分支机构应当向总局备案总体业务程序。第四，在审查企业备案操作程序的过程中，分支机构必须严格审查外债和外债额度，以确保准确性；维护制度，加强部门协调，加强对银行和企业的监管。

修订版《跨国公司外汇资金集中经营管理规定》现已发布，并要求所有分支机构遵守。如有特殊情况，请及时向总局反馈。

国家外汇管理局

2015年8月5日

附件

《跨国公司外汇资金集中经营管理规定》

第一章总则

第一条为促进贸易和投资便利化并为实体经济服务，制定了这些规定。

第二条跨国公司可以根据自己的业务需要，在当地银行（省级，下同）开立本国外汇资金的主账户，集中经营和管理本国会员企业的外汇资金；处理经常账户下的外汇集中收支。差额净额结算等业务。

第三条跨国公司可以根据自身业务需要，在当地银行开设国际外汇基金总账户，集中经营和管理境外成员企业的资金和从其他境外机构借入的外债资金。

国际外汇基金的主要账户外汇开户申请书，海外机构的国内外汇账户和海外基金之间的自由流动。国际外汇基金总账户中的资金不占用企业的外债指标，但应按规定办理外债登记。

第四条境内银行通过国际外汇基金总账户存入的存款，其国内使用额度不得超过前六个月平均每日存款余额的50％；在占有短期外债余额指标的前提下，国际外汇基金的主要账户吸收了超过50％的国内存款。

上述存款可以在前六个月的每日平均存款余额的10％之内结清并出售，相关头寸也包括在银行的全面外汇结算和销售头寸管理中。

第五条试行了对跨国公司借入外债的比例的自律管理，可以按照规定的条件，根据业务惯例自行借入外债（有关操作程序和附件，见附件1）。预警机制的附录2)。

从国内外汇基金总账户收到的从国际外汇基金总账户获得的净资金不得超过外债的总规模。来自国际外汇基金总账户的国内外汇基金总账户的净融资额不得超过外部贷款的总规模。

第六条跨国公司可以根据自己的业务需求同时开设国内和国际外汇资本主账户，也可以选择开设其中任何一个账户。

如果同时开立了国内和国际外汇基本建设账户，应通过国际外汇基本建设账户处理外债和对外贷款；如果仅打开了国内外汇资本主帐户，或者仅打开了国际外汇资本主帐户，则通过该帐户处理外债和外国贷款。

跨国公司和银行应在配额控制方面做好工作，以确保任何时候的外债和外债不超过规定的配额。

第七条开设账户的银行应当是过去三年实施了外汇管理条例年度评估，且超过B类（含B类）的银行。原则上，托管企业选择不超过三家具有外汇结汇和销售资格的境内银行作为集中式资金运营和管理业务的开户银行，开户银行按照本规定经营和管理相关的账户交易。

开户银行办理集中资金运营管理业务后，如果评估等级低于B（不包括）（评估等级C除外），则可以继续处理原来的相应业务。

第2章业务归档

第8条符合以下条件的跨国公司可以根据自己的业务需求开设国内外外汇资本主账户：

（[一)有实际业务要求；

（[二)具有完整的外汇基金管理结构和内部控制系统；

（三)建立相应的内部管理电子系统；

（四)上年本外币国际收支额超过1亿美元（结合境内成员公司参与外汇资金集中管理和管理计算）；

（五)过去三年中没有重大违反外汇法律法规的行为（成立不到三年的企业自成立之日起就没有重大违反外汇法规的行为）。对于外汇收支公司，货物贸易的分类结果应为A类；

（六)外汇管理局规定的其他审慎监管条件。

第9条开设国内外外汇资金主账户的托管公司应向当地外汇分行和管理部门（以下简称分行）备案，并提交以下材料：

（一)提交申请。包括跨国公司的基本信息，业务需求；宿主公司的基本信息，参与公司的列表，股权结构；跨国公司向宿主公司的授权书等。选择集中收集和当前项目下的外汇资金支付，对于净额清算业务，还必须列出参与的国内外成员公司的名单，包括名称，组织代码，注册地点等。

（二)相关证明材料。包括加盖东道国公章的东道国公司和国内成员公司的营业执照；金融营业执照和业务范围批准文件（金融机构要求）；海外成员公司只需要提供注册证明即可。

（三)由企业和开户银行共同制定的业务模型，操作流程，内部控制系统，组织结构，系统构建，风险控制措施，数据监控方法和技术服务保证计划；签署的“跨国公司资金集中运作和管理的外汇确认函”（请参阅​​3)；如果选择两个或更多（包括）开户银行，则应指定外债的具体分配方式和对外贷款集中度每个开户银行的限额。

（四)外汇管理局要求的其他材料。

第十条跨国公司的发起企业首次申请集中外债配额时，应当提交以下材料：

（一)申请表应列出参与外债集中的成员公司的名称，组织代码，注册地点，每个成员公司的可用外债，已登记的外债合同和提款以及集中的外债配额。

（二)参加集中式或部分集中式外债配额，剩余债务金额，外债合同登记清单以及外债业务行查询清单信息打印界面的成员公司的资本帐户信息系统，外债业务中的净资产总额查询相关证书等。

会员公司所在地的外汇局应按照会员公司或所在地公司的外汇局的要求，以书面形式出具前款所述的资料，并认真核实。数据以确保数据的准确性。

第十一条外汇局应自主办企业提交完整的备案申请材料之日起20个工作日内完成备案程序，并发出备案通知书（见附录4)。备案通知书应包括外债，外部借贷资金的金融流入和流出配额等。

所在公司的外汇局应及时将前款中的外债和外国贷款额度保持在外汇局有关信息系统中，加强日常监督，确保有效管理。

第十二条发起人公司为金融公司的外汇开户申请书，应当遵守行业主管部门的规定，并将跨国公司外汇资金的管理分开，集中经营和管理其他业务（包括其经营活动）。自有资产和负债）。

第十三条在业务处理期间，开户银行，保荐企业，会员企业等发生变更的，应当提前一个月向分支机构备案。

如果开户行发生变化，则应提交以下材料：

（一)更改开户行的申请。主要包括：更改开户行的原因，要选择的开户行，原始账户余额的处理方法等。

（[二)拟议的新银行帐户的业务模型，操作流程，内部控制系统，组织结构，系统构建，风险控制措施，数据监控方法和技术服务保证计划。

（三)带有银行业务印章的原始帐户余额对帐单。

（四)签署的《关于跨国公司外汇资金合并运营和管理的确认》。

（五)外汇管理局要求的其他材料。

对于会员公司和保荐人公司改变其外债，外国贷款额度和业务类型，除了按照第九、 10条提交材料外，还应提交原始备案通知书的副本。

第14条将母公司的货物贸易分类结果归为B和C。根据违规的严重程度，外汇局将通知跨国公司更改母公司并重新提交申请资料，或取消主办公司的业务资格；其他成员公司如果将货物贸易的分类结果归为B和C，则母公司应终止其业务并向外汇局申请更改成员公司。

第15条如果东道国公司违反外汇规定，应从处罚的生效日起取消其东道国的营业资格；如果会员公司违反外汇规定，则从处罚生效之日起取消该会员公司的业务资格。

第三章国内外外汇基金总账户管理

第16条，托管公司应向银行提交记录通知，以开设境内和境外银行

（或）国际外汇资金的总帐户，处理外汇资金转移程序。国内和国际外汇基金的主要账户可以是多币种账户，允许日间和隔夜透支；透支资金只能用于外部支付，应优先考虑在收到外汇资金后偿还透支。根据业务需要，可以在此帐户下设置子帐户。

国内外汇资本主账户和国际外汇资本主账户的数量没有限制，但应满足审慎监管的要求。

第十七条境内外汇资金主账户收支范围。

（[一)收入范围

1、国内成员公司从国外直接获得的往来帐户收入；

2、转移了国内成员公司的经常账户外汇账户，资本账户，资产变现账户，特殊再投资账户和外债账户；

3、在规定的限额内从国外借入的外债以及由国际外汇基金总账户偿还的外国贷款的本金和利息；

4、外汇购买和入金（经常账户下的外汇购买资金，外汇购买和外国贷款或偿还外债资金）；

5、理财产品的本金和利息；

6、外汇局批准的其他收入。

如果同一家跨国公司尚未开设国际外汇基金主账户，则本国外汇基金主账户的收入范围还包括在规定的限额内从国外借入的外债基金或本金和利息。收回外国贷款。

跨国公司从国内储蓄金融机构借入的外汇贷款不得进入国内外汇基金的主要账户（偿还外债，外国贷款等除外）。

（[二)支出范围

1、国外国内成员公司的经常账户支出；

2、分配给国内成员公司的经常账户外汇账户，资本账户，资产变现账户，特殊再投资账户和外债账户；

3、在规定的限额内偿还国际外汇基金总帐户的外债和外债的本金和利息；

4、和解；

5、分配理财产品的主体；

6、支付外币存款准备金；

7、外汇局批准的其他费用。

如果同一家跨国公司尚未开设国际外汇基金总账户，则国内外汇基金总账户中的支出范围还包括规定范围内的外部贷款和偿还外债本金和利息限制。

第十八条托管公司可以集中成员企业的全部外债额度或部分外债额度。注册外债后，可以根据商业原则独立选择偿还债务的货币。

如果东道国公司集中所有外债额度，则自提交申请之日起，成员公司不得自行借入外债。部分外债额度集中的地方，其余外债额度仍应当按照现行外债管理规定办理。具体管理办法由主机公司及其开户行经主机公司所在地外汇局和有关外汇局核实后制定，有关外汇局应每季度核对外债数据。基础。

宿主公司可以集中向实际借款人借入外债，或者成员公司可以代表实际借款人借入外债。但是，外债的借贷和还款必须通过资金渠道在托管公司的主要国际外汇资本帐户和主要的国内外汇资本帐户之间进行转移。

第十九条主办企业应当通过国际外汇基金总账户从国外取得资金，并办理外债登记。外债的登记应由不同债权人以不同货币填写，即公司对每种外债人以每种货币计的负债应视为外债。企业办理与外债清偿，本息偿还有关的业务时，应当准确申报外事收支，并在“外汇管理局批准文号/记录表格编号/业务编号”。托管公司应在签订外债合同后至第一笔外债资金入账前15个工作日内，到外汇局办理注册登记手续。外债变更登记应当按照现行规定办理。

如果同一家跨国公司未开设国际外汇资本主账户，则借用外国债务资金的国内外汇资本主账户应按照前款规定在规定的限度内进行处理。

第二十条跨国公司的对外贷款应按照现行的外汇管理程序办理。对外贷款额超过境内成员企业所有者权益的50％的，可以向分支机构提出申请。分局按照规定的程序共同讨论并决定。

第二十一条境内外汇资金和境外活期账户收支的主要账户，以及包括集中式外汇收支和净额结算在内的外汇结算和销售，由银行按照下列规定处理： “了解客户”，“了解业务”，“尽职调查”等原则均经过相关程序处理。资金性质不清楚的，银行应当要求发起人提供有关文件。服务贸易等服务的外国付款仍需要按照规定提交纳税申报表。银行和保荐企业应分别保留有关文件和能充分证明其交易真实性和合法性的文件，为期五年。

第二十二条国内外汇资金总账户可以集中处理经常账户，直接投资，外债和外国贷款下的外汇结算和出售。相关的外汇购买和付款可以在不同的银行进行。

企业收取给母公司的外商直接投资的外汇资金（包括外汇资金，资产变现账户资金和国内再投资账户资金）和外债资金，应当按照本国外商投资企业的意愿进行清算。外汇基金总账户。程序中，从外汇结算中获得的人民币资金将被转移到由宿主公司开设的特殊人民币存款账户（资本账户-外汇结算待付款账户）中，并在银行审查交易的合规性和真实性后直接支付。不得将其直接或间接用于业务范围之外的支出或国家法律和法规禁止的支出。银行应保留相关文件和能充分证明其交易的真实性和合法性的文件，为期五年。

企业和开户行应当及时，准确地向外汇局有关业务信息系统提交外汇结算和支付数据。银行应参照《国家外汇管理局发行通知》（汇发[2014] 18号），提交人民币专用存款账户的开设账户，期末账户和收支结余信息。人民币专用存款帐户的帐户性质代码为2113。帐户类型的名称为“资本帐户-外汇结算和待付款帐户”。银行应参照《国家外汇管理局发行通知》（汇发[2014] 18号）的要求，通过人民币专用存款账户与其他境内人民币账户之间的收支信息进行交割。国内收据和付款凭证。

如果托管公司是金融公司，则成员公司可以申请在金融公司中处理上述外汇结算和销售业务，或者托管公司可以在银行中处理银行中的外汇结算和销售业务。它的名字。

为会员公司办理外汇结算和买卖业务的金融公司应当具有外汇结算和买卖业务的资格，并按照规定向外汇局提交外汇结算和买卖数据。

第二十三条拥有账户的银行或者金融公司，应当向国际清算银行提交国际外汇基金主账户（代码“ 3600”）和国内外汇基金主账户（代码“ 3601”）的信息。根据需要外汇局。

第二十四条境内外汇基金总账户与国际外汇基金总账户之间的资金划拨，无需申报涉外收支，但应符合《通知》的规定。汇发〔2014〕18号，《国家外汇管理局关于激活境内银行涉外收支凭证，明确数据提交要求的通知》 （汇发[2012] 42号），要求提交有关家庭居民之间资金转移的相关数据。当国际外汇基金的主账户将资金转移到国内外汇基金的主账户时，不同类型的基金被声明为：822990（借入的外债），821990（国外贷款的归还），322041（利息支付） 国内外汇基金主账户转为国际外汇基金当主账户转移资金时，不同类型的资金被声明为：822990（偿还外债），821990（外国贷款），322041（利息）。

第二十五条银行和企业可以签订一揽子涉外收支清算协议。托管公司在国际外汇基金总账户中对涉外收支进行自动扫描时，应符合《国家外汇管理局印发发行通知》的规定。 《银行间国际收支统计报告业务》（汇发[2015] 27号）规定了对外涉外收支的申报。

Article 26 The host enterprise shall declare foreign-related receipts and payments in accordance with the "Notice of the State Administration of Foreign Exchange on Printing and Distributing the "Implementation Rules for the Statistical Reporting of Balance of Payments through Banks" (Huifa [2015] No. 27); If the host enterprise is a financial company, it shall also make a declaration in accordance with the "Notice of the State Administration of Foreign Exchange on Printing and Distributing the "Statistical System for External Financial Assets, Liabilities and Transactions" (Huifa [2013] No. 43).

Chapter 4 Centralized Foreign Exchange Collection and Payment and Netting Net Settlement Business Management

Article 27 Centralized collection and payment of foreign exchange means that the host company centrally acts as an agent for domestic member companies to handle foreign exchange receipts and payments under the current account through the main domestic foreign exchange fund account.

Current account netting settlement means that the host company centrally calculates the foreign exchange receivables and payables under the current account of its domestic and foreign member companies through the domestic foreign exchange capital master account, and merges foreign exchange receipts and payments within a certain period of time into a single foreign exchange transaction The way of operation. In principle, the netting settlement shall not be less than once per natural month.

Article 28 Domestic member enterprises shall go through the registration procedures of "List of Foreign Exchange Income and Expenditure Enterprises for Trade" when handling the centralized receipt and payment of foreign exchange in goods trade or net settlement of goods trade in net balance (except for the host enterprise being a financial company) . The foreign exchange receipts and expenditures of Class A member companies may not enter the account to be verified for export income, but they should report on trade credit and trade financing in a timely and accurate manner through the foreign exchange business monitoring system (enterprise end) of the goods trade in accordance with the foreign exchange management regulations of the goods trade.

Article 29 The host company may purchase foreign exchange in advance and deposit it into the main domestic foreign exchange fund account according to the real and legal import foreign exchange payment needs of domestic member enterprises.

If the interval between the return date and the original receipt and payment date is more than 180 days (not included), or due to special circumstances, the host company should go abroad.

The Foreign Exchange Bureau handles the registration procedures for foreign exchange business of trade in goods, and provides written applications, original income/expenditure declaration documents, original import/export contracts, foreign exchange return contracts, etc.

Article 30 In accordance with the "Guidelines for Foreign Exchange Administration of Trade in Goods" and its implementation rules, domestic member enterprises shall not participate in centralized foreign exchange receipts and payments and netting settlements for businesses that need to be processed with the "Registration Form for Foreign Exchange Business in Goods Trade". Handle in accordance with current regulations.

Article 31 When handling the centralized collection and payment of current accounts or netting settlement, the declaration of foreign-related receipts and payments shall be made in accordance with the following requirements:

The host company shall declare foreign-related receipts and payments for the two types of data. One type is the actual receipt and payment data of the host company during the centralized receipt and payment or netting settlement (hereinafter referred to as the actual receipt and payment data); the other type is to restore the collective receipt and payment or netting settlement of each member enterprise before the centralized payment or netting settlement. Original receipt and payment data (hereinafter referred to as restored data).

When the actual receipt and payment data is not zero, the host company shall make a declaration through the domestic bank that handles the actual external receipt and payment transaction, and the domestic bank shall mark the actual receipt and payment information transaction code as "999999". When the actual receipt and payment data is zero (zero netting settlement is zero), the host company should make a virtual declaration data with zero settlement, fill in the "Overseas Remittance Application Form", the name of the recipient and payer is the host company, and the transaction code is marked It is "999998", the country is "China", and other mandatory fields can be filled in or "N/A" (capital English letters) as appropriate. The domestic bank shall be on the first working day after (T) (T + 1) 12:00 noon) after the actual date of external receipt and payment (when the netting settlement is zero, the netting settlement date or accounting settlement date) (T) To complete the actual data submission.

For the declaration of restored data, the host company should confirm the time (T) of the restored data declaration according to the actual date of external receipts and payments (the netting settlement day or the accounting settlement day when the netting settlement is zero), and according to The principle of full payment and receipt, in the name of a domestic member enterprise, provides basic information and declaration information for restoring data to the bank that actually handles or accounts for the external collection and payment business, so that it includes at least the information required for the statistical declaration of foreign-related receipts and payments. The domestic bank shall complete the submission of the basic information of the restored data on the first working day (T＋1) before 12:00 noon) after the above-mentioned time point (T) of the restoration data declaration; the fifth working day (T＋[k44) ] Before, complete the submission of the restored data declaration information.

The number of the declaration form shall be compiled by the bank where the actual receipt and payment occurred, and the transaction code shall be filled in according to the nature of the actual transaction. Domestic banks should fill in the "banking number" of the restored data as the corresponding declaration number of the actual external receipt and payment data in order to establish the correspondence between the centralized receipt and payment data and the restored data. Domestic banks shall provide the host enterprise with basic conditions such as reporting channels, and shall be responsible for transmitting the basic information of the restored data and the reporting information to the foreign exchange bureau.

Chapter 5 Supervision and Management

Article 32 The host enterprise shall carefully conduct business in accordance with these regulations and the contents of the filing notice of the foreign exchange bureau. During the period of business development, if relevant matters change, the change shall be filed with the foreign exchange bureau as required.

Sponsor companies and member companies shall declare the nature of cross-border fund receipts and payments to the bank in strict accordance with regulations, and handle the declaration of balance of payments statistics.

Article 33 The account-opening bank shall review the authenticity and compliance of the centralized operation and management business of foreign exchange funds of multinational companies and the materials submitted; register and record the changes in related foreign exchange funds; check the flow of funds , Do a good job in monitoring, auditing and quota management.

Article 34 Account opening banks shall promptly, completely and accurately report domestic and international foreign exchange fund master accounts, foreign exchange settlement and pending payment accounts, and other account information, balance of payments declaration, domestic fund transfer, and foreign exchange settlement and sale in accordance with regulations. Wait for the data, review the business data submitted by the enterprise, and assist the foreign exchange bureau to do off-site monitoring.

Article 35 The branch office shall take the following measures to ensure the smooth and orderly management of the centralized operation of foreign exchange funds and the implementation of policies:

(一) Improve the working mechanism, assign responsibilities to individuals, and submit data in a timely and accurate manner. Designate a lead office and a working contact person to report to the State Administration. Within one year from the date of implementation of this regulation, no later than the 10th of each month The bureau will report the business situation and related statistical reports to the General Administration in the form of a document; quarterly report the basic situation of the list of enterprises handling centralized fund operation and management within its jurisdiction. After one year, monthly report statistical reports in the name of the comprehensive department; quarterly report within the jurisdiction Handle basic information such as the list of capital centralized operation and management companies; report business conditions every six months (see Appendix 5-7) for the relevant statements.

(二) Strengthen off-site monitoring and on-site verification and inspection. Make full use of existing foreign exchange management systems such as the cross-border capital flow monitoring and analysis system, establish a list of multinational companies, and comprehensively analyze the foreign exchange receipts and payments of the master account of international and domestic funds. Foreign debt quota and foreign loan quota, foreign exchange settlement and sale, and fund transfer.

(三) Do a good job of risk warning and window guidance for banks and enterprises. Take effective measures to meet the needs of enterprises and gradually form a reasonable two-way flow of cross-border funds. Supervise banks to establish operating procedures and internal control systems, and provide necessary technology Service guarantee. If necessary, the host company may be required to audit the compliance of the centralized operation and management of foreign exchange funds.

(四)According to these regulations and local actual conditions, formulate detailed access conditions and other operating procedures, and implement them after filing with the General Administration according to the procedures.

Article 36 In the event of abnormal circumstances and violations of regulations, the branch bureau shall suspend or cancel all businesses within the scope of these regulations with prior notice, and impose administrative penalties in accordance with the "Regulations on Foreign Exchange Administration" and other relevant laws and regulations; account opening banks Those who fail to perform, fail to perform correctly, or fully perform the responsibilities of knowing customers, knowing business and due diligence, shall cancel all operations within the scope of these regulations, and impose administrative penalties in accordance with the "Regulations on Foreign Exchange Administration" and other relevant laws and regulations.

Chapter VI Supplementary Provisions

Article 37 The term "multinational company" as mentioned in these regulations is a consortium composed of a parent company, a subsidiary company, and other member companies or institutions that are linked by capital.

Member companies refer to companies with independent legal personality that directly or indirectly hold shares within multinational companies. They are divided into domestic member companies and overseas member companies. There is no direct or indirect shareholding relationship with the pilot company, but brother companies controlled by the same parent company can be identified as member companies. Other related relationships (such as agreement control) can be determined by the branch offices based on specific circumstances after collective review to determine whether they can be identified as member enterprises.

The host company refers to a multinational company that performs the main business application, filing, implementation, data reporting, situation feedback, etc., or a domestic company that has obtained the authorization of the multinational company and has independent legal personality. If the host company is a financial company, its cross-border capital transactions shall comply with the regulations of the industry management department.

The domestic foreign exchange accounts of foreign institutions referred to in Article 3, paragraph 2 of these regulations include NRA accounts (Non-resident Accounts) opened by foreign institutions in domestic banks, and those opened in offshore banking business departments that have obtained offshore banking qualifications. Established OSA account (Offshore Account), etc.

Article 38. If a single enterprise group meets the conditions of complete internal control system, foreign exchange revenue and expenditure of the previous year exceeding 100 million U.S. dollars, and no major foreign exchange violations in the last three years, it may apply for a separate domestic foreign exchange opening based on the actual business conditions. Fund master account, handle current account netting and net settlement business, and simplify document review and settlement procedures in accordance with Article 21 of these regulations; or open a separate master international fund account to centrally manage overseas funds.

Entrusted loans under the framework of centralized fund operation and management of multinational companies shall comply with relevant domestic foreign exchange loan management regulations. There is no need to open and handle related business through physical foreign exchange accounts; funds can be directly transferred between different member companies and accounts without first Up to the main account of domestic foreign exchange funds, and then down to member companies.

Article 39 The foreign exchange bureau may gradually perfect and improve the content of the policy in accordance with the state's macro-control policies, the situation of foreign exchange receipts and expenditures, and business development.

Article 40 This regulation shall be implemented from the date of promulgation, and the State Administration of Foreign Exchange shall be responsible for the interpretation. The "Notice of the State Administration of Foreign Exchange on Printing and Distributing" (Huifa [2014] No. 23) shall be repealed at the same time.