英语六级考试网(CET6)

     1.Prospective B-type Foreign Currency Depositors

　　All foreigners, Chinese of foreign nationalities and overseas Chinese living in and outside the Chinese mainland and the regions such as Hong Kong, Macao and Taiwan, and compatriots in Hong Kong, Macao and Taiwan are permitted to open accounts of B-type foreign currency deposit in their own names.

　　1.乙种外币存款的开户对象

　　居住在中国境内外、港澳台地区的外国人、外籍华人、华侨、港澳台同胞，均可以本人名义开立本存款账户。

　　2.Prospective C-type Foreign Currency Depositors　

　　All Chinese residents holding foreign currencies are permitted to open accounts of C-type foreign currency deposit.　

　　The Bank adopts the principle of separate management for accounts of deposit in foreign exchange and foreign banknotes, i.e. accounts of foreign exchange and accounts of foreign banknotes.　

　　2、丙种外币存款的开户对象

　　凡持有外币的中国境内居民均可以开立丙种外币存款账户。

　　银行对外汇或外币现钞存入采取不同账户管理原则，即区分外汇账户和外钞账户。

　　3.Accounts of Foreign Exchange （Foreign Exchange Accounts）

　　All convertible foreign exchange remitted, brought or mailed into the territory from abroad may be deposited in the foreign exchange accounts. For foreign currency bills for which prompt payment may not be made, they are to be collected by the Bank, and, when collected, deposited in the Bank.　

　　3、外汇账户（简称外汇户）　　


凡从境外汇入、携入或寄入的可自由兑换的外汇可存入外汇账户。不能立即付款的外币票据，需经银行办理托收，收托后方可入账。

　　4.Accounts of Foreign Banknotes （Foreign Banknotes Accounts）

　　All convertible foreign banknotes brought in the territory from abroad may be deposited in the foreign banknotes accounts.　

　　In opening an account of B-type foreign currency deposits, the depositor shall present his or her passport, the residence certificate or other valid credentials for all foreigners or Chinese of foreign nationalities.
In opening an account of C-type foreign currency deposits, the depositor shall present his or her ID card or other valid credentials.　

　　The types of currencies that may directly be deposited in foreign bank-notes accounts include: U.S. dollar, Pound sterling, Euro, Japanese yen, and Hong Kong dollar, the types of currencies that may directly be deposited in foreign exchange accounts, aside from the above-mentioned five types, also include: Canadian dollar, Swiss franc, Belgium franc, Netherlands guilder, and Australian dollar. For other convertible foreign currencies, the depositor may choose any of the above-mentioned currencies and deposit after conversion according to the foreign exchange quotations on that day.

　　4、外钞账户（简称外钞户）

　　凡从境外携入的可自由兑换的外币现钞，存入外钞账户。

　　开立乙种外币存款账户时，外籍储户可凭其护照，居民证明或其他有效身份证件。开立丙种外币存款账户时，储户可凭其护照，居民证明或其他有效身份证件。

　　可直接存入外钞存款账户的货币种类有：美元、英镑、欧元、日元、港币等货币；可直接存入外汇存款账户的货币除上述五种外，还有：加拿大元、瑞士法郎、比利时法郎、荷兰盾、澳大利亚元等货币。其它可自由兑换的外币由存款人自由选择上述之一种，按当日外汇牌价折算存入。　

The Indian finance ministry's mid-year review, released this week, sees the external sector as a silver lining around the country's huge fiscal deficit. "Buoyant" and "encouraging" are the words used to describe three consecutive quarters of current-account surplus--the first in a quarter-century. Add to that swelling foreign-exchange reserves and a stronger rupee, and some are arguing that it is time for drastic liberalisation of India's foreign-exchange regime. They could be disappointed.

For most of the past decade, the nominal value of the rupee has been allowed to decline gently against the dollar, by about 5% a year, thus staying fairly steady in real terms. This year, however, it has been appreciating in real terms (and, since June, nominally as well). It would have done so more sharply had the central bank not been buying dollars with gusto. Exporters of manufactured goods, obsessed with price competition from China, are aghast at the rise--and at the prospect held out by some forecasters that a sustained boom in India's IT exports means it will continue.

The rupee's recent strength is only partly related to India's prowess in software and the mushrooming of "business-process outsourcing" in such projects as call-centres. The chunky surplus on invisibles owes more to remittances: non-resident Indians, attracted by the stability of the rupee and its higher interest rates, have been moving their offshore deposits back home. Similarly, Indian companies are borrowing more in dollars without selling rupees forward to hedge repayments. The trade deficit, meanwhile, has been shrinking, as imports grow slowly.

The inflows have boosted foreign-exchange reserves by some $20 billion this year, to $66 billion, or 12 months'-worth of imports. The size of this cushion has triggered some calls for further liberalisation of the labyrinthine foreign-exchange controls that India still maintains, despite the move in 1993 towards rupee convertibility for trade purposes. In recent months, some controls have duly been eased. It is now simpler, for example, for individuals to open foreign-currency bank accounts, and for travellers to get hold of foreign exchange. And non-resident Indians have been allowed to take out money acquired through inheritance, or from rents and dividends.

Some commentators have taken all this as a harbinger of full capital-account convertibility. That is not on the cards. The experience of 1991, when India ran out of money, has left the central bank prone to caution--an approach it felt was vindicated by the East Asian crisis of 1997-98. With war in Iraq looming and a turbulent oil market, some risk aversion is understandable. India's fiscal deficit--some 10% of GDP and widening--is another reason for moving slowly. Just as one rating agency, Moody's, is considering upgrading India's external debt, another, Fitch, has warned that its local-currency rating is under threat. Nor is it certain that opening the capital account would mean a weaker rupee. It might even attract more capital inflows. As India's exporters are learning, convertibility is a two-way street.

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