Under normal circumstances,ZhongShen International TradeAfter receiving foreign exchange, handle the procedures within one working day, and settle foreign exchange once a day. The exchange rate is calculated based on the listed foreign exchange buying rate of the Bank of China on the day to calculate the RMB amount.In order to crack down on tax evasion, the customs and tax departments are now strictly examining the operation of buying export declarations. If the behavior of buying export declarations is discovered, the regulatory authorities will require tax replenishment (even a 2% tax rate may be a considerable amount). In addition, fines may also be imposed on the relevant responsible parties.When does Zhongshen International Trade settle foreign exchange after receiving it? Under normal circumstances, Zhongshen International Trade handles the foreign exchange settlement procedures within one working day after receiving foreign exchange, and settles foreign exchange once a day. The exchange rate is calculated based on the listed foreign exchange buying rate of the Bank of China on the day to calculate the RMB amount.