Circular on Issues Relevant to Revising Certain Foreign Exchange Control Policies Relating to Insurance Business

关于调整部分保险业务外汇管理政策有关问题的通知

The Circular permits currency conversions between different foreign currencies at designated banks. It removes the foreign exchange limit and allows the collection of premiums either in renminbi or foreign exchange.

(Issued by the State Administration of Foreign Exchange on May 23 2006 and effective as of June 1 2006.)

(国家外汇管理局于二零零六年五月二十三日发布,自二零零六年六月一日起施行。)

Hui Fa [2006] No.23

汇发 [2006] 23号

Branches and offices of the State Administration of Foreign Exchange of each province, autonomous region and municipality directly under the central government and the Shenzhen, Dalian, Qingdao, Xiamen and Ningbo municipal branches of the State Administration of Foreign Exchange; Chinese-invested designated foreign exchange banks and insurance companies:

国家外汇管理局各省、自治区、直辖市分局、外汇管理部,深圳、大连、青岛、厦门、宁波市分局;各中资外汇指定银行,各保险公司:

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