The necessity of foreign exchange declaration: the amount limit you should know
Foreign exchange transactions, regardless of the amount, must be reported in accordance with the law. Failure to declare more than the statutory amount will result in severe penalties, including fines and criminal liability. Correct declaration not only protects your own rights and interests, but also maintains the stability of the financial order. Only by understanding the limits of the declared amount can you effectively prevent risks and avoid unnecessary legal disputes. Be sure to read relevant regulations carefully and seek professional consultation to ensure compliance.