On April 29, 2022, the State Administration of Foreign Exchange issued the code for data collection of foreign exchange business of financial institutions (version 1.3). This version has major changes compared with version 1.2. In order to help you better understand the content of the version update, riking combed it for you at the first time after receiving the document.
Compared with version 1.2, the scope of submission of the new version has been expanded to a certain extent, including the following contents:
1. Statistics of foreign financial assets, liabilities and transactions (FAL) add overseas construction (e02-1 overview of overseas construction projects, e02-2 statistics of overseas construction) and transportation income (E03 statistics of transportation income). This form is mainly submitted by non-financial institutions to participate in overseas projects. The specific contents are as follows:;
Overseas Construction: Statistics on the construction in progress services provided by domestic enterprises to non residents, mainly including the basic information of overseas construction projects of the applicant and the income, cost and profit in the country / region where the construction project is located. Including (1) overview of overseas construction projects; (2) Statistics of overseas construction. Specifically:
Transportation Income: the income obtained by domestic transportation enterprises (legal persons at the same level) from providing international transportation services (at least one end of the journey is overseas).
2. Table G03 is added to the statistics of foreign financial assets, liabilities and transactions (FAL): income and expenditure of non residents holding domestic bank cards. For financial institutions with domestic card business, attention should be paid to the submission of this form. The specific contents are as follows:
Income and expenditure of non residents holding domestic bank cards: the income and expenditure of non residents holding domestic bank cards cleared by domestic issuers shall be submitted by domestic issuers.
3. Domestic transfer data (BOP) domestic income declaration forms expand the scope of submission and add statistics on domestic transfer data between accounts of non resident institutions. All financial institutions should pay attention to whether the business submission is involved. The specific contents are as follows:
Domestic transfer funds between accounts of non resident institutions: the accounts of non resident institutions receive funds transferred from other domestic non resident accounts (including accounts with the same name) through domestic banks. When a financial institution handles the domestic collection and payment business of non resident institution accounts, it is not necessary for the business entity to fill in the domestic collection and payment voucher. After receiving the domestic transfer funds from other non resident accounts in the non resident institution account, the financial institution shall generate the basic information and management information data documents in accordance with the requirements of the domestic income declaration form and submit them to the safe.
4. Domestic transfer data (BOP) domestic payment / acceptance notice expands the scope of submission, adds transfer funds from foreign exchange settlement pending account, and banks with foreign exchange settlement pending account type 2113 should pay attention to this adjustment. The specific contents are as follows:
Transfer of funds from accounts to be paid for foreign exchange settlement: when transferring funds from accounts to be paid for foreign exchange settlement to other RMB accounts, the domestic transfer information shall be submitted by filling in the domestic receipt and payment voucher, and the fund purpose code shall be filled in the column of "Invoice No." (fill in according to "9.11 foreign exchange settlement purpose code"); Except for the payment under goods trade verification, other transferred transaction codes are filled in "929070".
5. For the information of accounts suspected of foreign exchange violations in the new submission module, financial institutions need to feed back data according to the query requirements of the administration of foreign exchange, including query reply information, basic account information and transaction details. Messages can be reported through full interface or full interface.
Query reply information of suspected foreign exchange violation account: after receiving the query request of suspected foreign exchange violation account issued by the foreign exchange bureau, the financial institution must reply whether it can submit the corresponding information as required. If it cannot be submitted as required, the reason must be clarified in the reply. It shall be submitted within 3 working days (T + 3) after receiving the inquiry information from the safe.
Basic information of accounts suspected of foreign exchange violations: after receiving the query request for accounts suspected of foreign exchange violations issued by the safe, financial institutions must feed back the relevant data information of the basic account of the account within the feedback time required by the safe.
Transaction details of accounts suspected of foreign exchange violations: after receiving the query requirements for accounts suspected of foreign exchange violations issued by the safe, financial institutions must feed back relevant data information of suspected foreign exchange violations within the feedback time required by the safe.
6. The source and use data of large amount foreign exchange settlement and sales funds of the newly submitted module institutions are used to make statistics on the use of RMB funds obtained from foreign exchange settlement of resident institutions and the source information of RMB funds used for foreign exchange purchase. Messages can be reported through full interface or full interface.
Use of RMB funds from foreign exchange settlement of resident institutions: if the RMB funds from a single foreign exchange settlement of a resident institution are more than (including) 300000 yuan, and the funds from foreign exchange settlement are remitted to the resident RMB account opened by the same financial institution, all fund use data of the resident RMB account with a single transfer amount of more than (including) 200000 yuan within 5 working days (including the day of foreign exchange settlement) after the occurrence of foreign exchange settlement are collected, among which, "RMB account" does not include the fund suspense account such as the internal account of a financial institution, "institution" refers to all units and groups except natural persons, "the same financial institution" refers to the financial institution with the same code, "foreign exchange settlement" or "foreign exchange purchase" refers to the actual capital delivery. Financial institutions shall, before 12:00 noon on the third working day (T + 3) after the transfer business of the resident RMB account into which the foreign exchange settlement funds are remitted, take the legal person (Headquarters) as the unit, summarize all the data of this bank and submit it.
Source information of RMB funds used by resident institutions for foreign exchange purchase: if the RMB funds used by resident institutions for a single foreign exchange purchase are greater than (including) 300000 yuan, and the funds used for foreign exchange purchase come from the resident RMB account opened by the same financial institution, collect all the source data of funds with a single transfer amount greater than (including) 200000 yuan in the resident RMB account within 5 working days before the foreign exchange purchase (including the day of foreign exchange purchase), among which, "RMB account" does not include the fund suspense account such as the internal account of a financial institution, "institution" refers to all units and groups except natural persons, "the same financial institution" refers to the financial institution with the same code, "foreign exchange settlement" or "foreign exchange purchase" refers to the actual capital delivery. The financial institution shall submit the transfer transactions that meet the above requirements one by one and submit them before 12:00 noon on the third working day (T + 3) after the occurrence of foreign exchange purchase business. The financial institution shall summarize all the data of the bank based on the legal person (Headquarters). If the same resident institution handles the foreign exchange purchase business that meets the submission conditions for many times within five working days, the duplicate data shall be eliminated during the submission.
Compared with version 1.2, the new version has revised the content submitted by the existing module, including the following contents:
1. Basic information of the company
a) Renamed "basic information table of organization"
b) The data item of "organization code" was renamed "entity identification code"
c) Delete the data item of "country (region) name and code of foreign investor"
d) Change the data item "company fax" to "report creation date"
e) Improve the data definition and verification rules of data items "Lei code", "ID number of legal representative" and "Declaration method"
f) Verification rules of adjustment data item "enterprise type in special economic zone"
Foreign related data (BOP)
a) Some text modifications, such as the option of renaming the data item of "organization code" to "entity identification code", such as advance collection / payment, revenue type, etc
b) The data item of "organization code" is renamed as "entity identification code", the data term interpretation and verification rule adjustment of approval No. / Filing Form No. / business no. of safe, the verification rule adjustment of "remittance amount", the length adjustment of the fields of "Contract No.", "Invoice No.", "bill of lading No. / warehouse receipt No., etc
c) Adjust the verification rules related to counterparty name, transaction code and transaction postscript
d) Some words are modified, such as the nature of collection, the option of "advance collection / payment" under the payment type, the approval No. of safe / Filing Form No. / business No
e) Length adjustment of "Contract No.", "Invoice No.", "bill of lading No. / warehouse receipt No.", etc
f) The data item of "organization code" was renamed as "entity identification code", and the data item of transaction postscript was added to domestic remittance application - management information and domestic payment / acceptance notice - management information
3. Foreign exchange account data (ACC)
a) In accordance with the notice of the State Administration of foreign exchange on printing and distributing the provisions on the centralized operation and management of cross-border funds of multinational corporations (Hui Fa [2019] No. 7), the notice of the State Administration of foreign exchange on streamlining foreign exchange accounts (Hui Fa [2019] No. 29), the notice of the General Department of the State Administration of foreign exchange on clearing and integrating some foreign exchange accounts (Hui Zong Fa [2020] No. 73) and other account clearing and integration policies, Sort out the current effective account types.
b) Adjust the verification rules of "approval No. / Filing Form No. / business no. of safe"
4. Foreign exchange settlement and sales data in foreign exchange account
a) Adjust the code table of foreign exchange settlement purpose.
b) Adjust the preparation rules of serial code in the declaration number.
c) Business No. / verification no. of "approval form" of Foreign Exchange Bureau
5. The bank's own capital account business data
a) Adjust the verification rules of the data items "Chinese name of the beneficiary" and "English name of the beneficiary" in the external guarantee
b) Adjust the name of the "counter guarantor country / region" field in the data dictionary to "cgcode"
c) Description of data collection scope for adjusting foreign debt and domestic foreign exchange loans
6. Statistics of external financial assets, liabilities and transactions
There are many fal adjustments, which are shown in table form as follows:
7. Institutional foreign currency cash access data
a) According to the consolidation status of current account - foreign exchange cash account, the content of data items related to foreign exchange cash account shall be adjusted
b) Code table related adjustments. Including the addition of "border trade income", and the revision of "fines, withholdings and special collection and payment of judicial and administrative law enforcement agencies" to "fines, withholdings and special collection and payment of judicial and administrative law enforcement agencies"
8. Bank card overseas transaction data
Add bank card clearing channel option "connected"
With regard to "domestic transfer data between accounts of non resident institutions, sources and use data of large amount foreign exchange settlement and sales funds of institutions, and information of accounts suspected of foreign exchange violations", the State Administration of foreign exchange will provide centralized interface program acceptance services for financial institutions from October 17, 2022 to November 11, 2022, and provide centralized joint debugging application acceptance services for financial institutions from November 14, 2022 to November 25, 2022, From November 28, 2022 to December 20, 2022, provide centralized joint commissioning services for financial institutions. Financial institutions that have opened interfaces or submitted data through interfaces shall submit data in accordance with the requirements of interface specifications from January 1, 2023.
With regard to the relevant amendments to the "statement of basic information of the unit, data on foreign-related revenue and expenditure, data on domestic transfer (excluding data on domestic transfer between accounts of non resident institutions), data on foreign exchange accounts, data on settlement and sales of foreign exchange in accounts, data on the bank's own capital account business, statistics on external financial assets and liabilities and transactions, data on foreign currency cash deposit and withdrawal of institutions, and data on overseas transactions of bank cards", The State Administration of foreign exchange will provide centralized joint commissioning application acceptance services for financial institutions from July 1, 2022 to July 8, 2022, and centralized joint commissioning services for financial institutions from July 11, 2022 to July 29, 2022. Financial institutions that have opened the interface or submitted data in the interface mode shall submit data according to the requirements of the annex from September 1, 2022. If it is necessary to modify the previously submitted data, it shall adjust the data items according to the requirements of the interface specification.
