All foreign exchangepayments under capital account shall be approved by SAFE.
所有资本项目外汇支出需经外汇局批准。
2
In case of foreign exchangepayments under capital account, own foreign exchange shall be firstly used and foreign exchange can be purchased for the insufficient part.
资本项目外汇支出，必须首先使用自有外汇资金，不足部分才能购汇。
3
It can’t handle micropayments, and transaction fees occur during every exchange (moreso if making international payments).