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Travelers' Voices on Chinese Currency (30)

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11.

Sep. 6,2009 04:25 Reply

Mr.whitehead(uk) said:

i'v got a a/c with bank of china in Guangzhou, the question is can i withdraw money at shenzhen BOC branch without the bankbook or wat ever, i only have my passport & bank a/c no.with me.

Sep. 7,2009 01:15
Mr.yina(cn) replied:

No, you need to have your bank account or your bank card to withdraw money.

12.

Aug. 21,2009 09:46 Reply

Mrs.huxley(u.k.) said:

should I take usa dollar travellers cheques or british sterling

Aug. 22,2009 20:17
Mr.yina(cn) replied:

Yes, you can. But the limit towards your foreign currency should be no more than 5,000 USD or any other currency equal to it.

13.

Aug. 19,2009 21:55 Reply

Mr.Seeley(US) said:

I'm leaving China in a few days and I have about 45000 rmb that I've earned while here. Will I be able to exchange that into dollars? Is there a maximum amount per day to be exchanged?

Aug. 20,2009 04:59
Mr.kily(cn) replied:

Go to Bank of China. There is no limit on the amount.

14.

Aug. 14,2009 22:11 Reply

Ms.Chan(Hong Kong) said:

my boss is going to china for business and he would like to know how much money (in cash) he can bring to china and how much cash he can bring back to Hong Kong. Thanks

Aug. 15,2009 20:12
Mr.peter(cn) replied:

He can bring 20,000 RMB and 5,000 US dollars. It is the same for entry and exit.

15.

Jul. 24,2009 18:12 Reply

Ms.joane(phillipines) said:

it's better same, the cost travel going zhuhai from macau and the transportation fee.

16.

Jul. 22,2009 11:39 Reply

Ms.sharon(phillipines) said:

hi, i decide to travel in china this coming next week, and im stop in macau and i want to go in zhuhai how much can i need money to going zhuhai?

Jul. 22,2009 20:16
Mr.Yech(usa) replied:

Hi, what do you want to ask? the cost of traveling in zhuhai or the transportation fee to zhuhai?

17.

Jul. 8,2009 14:27 Reply

Mr.Goldman(Israel) said:

I am a citizen of the US, France, and Israel, and I'm currently living in Israel. Can I open up a Chinese bank account from Israel, or must I travel to China to open an account?

Jul. 8,2009 20:11
Mr.herry(cn) replied:

Yes, there must be Bank of China in Israel. Go there with your valid ID, you can get a bank account.

Jul. 9,2009 08:51
Mr.Goldman(Israel) replied:

unfortunately, there are no chinese bank branches here in Israel. Is it possible to open a remote account with China Merchants Bank?

Jul. 11,2009 22:15
Mr.herry(cn) replied:

Hi, i think there must be Bank of China in Israel. Ok, anyway, you can also go to CMB to open an account, go there for a consultant to see what kind of things you need to bring for opening an account.

18.

Jul. 4,2009 06:48 Reply

Mr.Anil Malhotra(Saudi Arabia) said:

My boss is travelling to Beijing. How much US$ or other currency can he take with him? If it is more than permissible, can he take and declare upon arrival? Please advise.

Jul. 4,2009 20:57
Mr.yina(cn) replied:

5,000 US dollars or equivalent in any foreign currency. If you want to take more, you need to apply for a certificate in Bank of China in Saudi Arabia.

19.

Jun. 20,2009 10:33 Reply

Mrs.nita(indi) said:

hi this is nita
my boss is travelling to china for business purpose and would like to know the maximum U.S dollars he can carry in cash and also travellers cheque and if more then the required limit where can he apply for permit

Jun. 20,2009 22:22
Mr.great (china) replied:

5,000 US dollars and 20,000 RMB can be taken into China. If the money you take exceeds that limitation, You need to apply for permit. You can apply for a permit in Bank of China. There are no limitation toward travellerss cheque.

20.

Jun. 14,2009 10:20 Reply

Mr.Sachin(India) said:

Dear Sir/Madam,
I am travelling to China in next couple of weeks(on Student Visa). Since I need to pay my tution fees and other expenses, I have to carry required amount. Please let me know :
1. Maximum Dollars allowed.
2. Maximum Travellers Cheques that I can carry.

Do let me know if I need to declare amount at customs.

Thanks,
Sachin

Jun. 14,2009 20:56
Mr.yina(cn) replied:

Hi, the maximum dollars allowed is 5000. If you are going to take more than 5000 Dollars, you need to apply a permit for carrying foreign excahnges. When you enter China, you are required to declare it and show the permit to China customs. There is no limitation on travellers cheques. Besides, you can take credit card or transfer the money to your school in advance.
By the way, welcome to China

21.

May. 19,2009 14:55 Reply

Mr.Rodhann(france) said:

Can i open a non residential account in the bank of China from France ? And by Internet ? what are the documents necessary ? How much fee ? is it necessary to obtain a certificate or an authorisation from the government of China ? If yes how much that cost ?Thanks for your answer...

May. 20,2009 04:55
Ms.Yuan(CN) replied:

Yes, you can. But I found that the website of Bank of China Paris Branch only have Chinese version. That's to say, it's impossible for you to open account through the internet. The address of this branch is 23-25 Avenue de la Grande Arme 75116 Paris,France
You should hold your identity card to open it.
By the way, you can email to the branch.
Email:agparis@bank-of-china.com
Tel: 0033 1 45828710

22.

May. 4,2009 13:38 Reply

Ms.Li(USA) said:

What is the current exchange rate for US Dollar to Chinese Yuan if I exchange it in Bank of China in shanghai airport or any local bank office?

May. 4,2009 22:30
Ms.Yuan(CN) replied:

1 dollar = 6.82230621 Chinese yuan for today

23.

Apr. 28,2009 17:07 Reply

Mr.yang said:

can i open account in canada ,,with out doing this in China ..??? i would like to open the account for RMB ,,Bank of China

Apr. 29,2009 03:18
Ms.Yuan(China) replied:

I think you can do that in China, as Bank of China also operates the business in Canada. You may enter the website of Bank of China in Canada. Just do an online inquiry.

24.

Apr. 23,2009 14:34 Reply

Mr.Carlo Ponte(Canada) said:

Can we open a corporate or personal bank account with the Bank of China in RMBs but using the internet? Not having to travel in person to China for that purpose.

Apr. 26,2009 21:38
Ms.Yuan(China) replied:

This is the official website of Bank of China in Canada. It may help you:

http://www.boc.cn/cn/html/canada/en_s1.html

25.

Apr. 15,2009 10:51 Reply

Ms.Ferry(US) said:

can hong kong currency be used in Shanghai or be exchanged to yuan in Shanghai banks

Apr. 15,2009 20:24
Ms.Yuan(China) replied:

You should exchange them into Chinese yuan. Banks are reliable.

26.

Apr. 10,2009 15:55 Reply

Mr.Pete(US) said:

I have 323 yuan but the notes are of the old style. Still in circulation in China but I cannot get a Currency exchange to convert them to US Dollars - any ideas where I can get this Chinese currency converted ?

Thanks

pete

Apr. 11,2009 21:21
Mr.Tommy(China) replied:

1 dollar = about 6.84 Chinese yuan
If you are in China now, I think the Bank of China or China Merchants Bank can help you to exchange the currency.

Apr. 13,2009 21:39
Mr.Pete(US) replied:

Tommy

Thanks for your reply - I am in the US at the moment with no plans to visit China any time soon

Pete

27.

Mar. 19,2009 23:46 Reply

Mr.Mats(Canada) said:

Do Bank of China ATMs accept bank cards without chip technology?

Mar. 23,2009 10:02
Ms.Kaelyn(Canada) replied:

When I was in China in 2005, my card didn't have the chip technology and I was able to withdraw funds in RMB currency as long as the machine that I used displayed the same symbols as the back of my bank card (cirrus/maestro). You should still be able to do the same, but keep in mind that your financial institution will charge a hefty fee back home for international withdrawl. My bank charges $5.00 CDN each time.

28.

Mar. 16,2009 07:42 Reply

Mr.Tigg(England) said:

are Sterling travellers cheques widely accepted in China or is it better to take US Dollar ones?

Mar. 18,2009 04:35
Mr.Lin(China) replied:

No differences. They are the same.

29.

Feb. 19,2009 06:28 Reply

Mr.brian balaam(England) said:

Can you please tell me what is the best way to exchange the english pounds into the ChineseRMB

thank you Brian Balaam

Feb. 22,2009 19:42
Ms.Yuan(China) replied:

Hello, Mr. brian balaam, you'd better exchange English pounds to Chinese yuan through the Bank of China. The Bank of China deals with the foreign currency exchange. It has many outlets in China. I think it would be a more convenient and safer way for you to exchange your money.

30.

Jan. 22,2009 23:02 Reply

Mr.tony(nigeria) said:

how can i open credit card in china

Feb. 1,2009 22:09
Ms.Yuan(China) replied:

Foreigners can apply for a credit card in China. You should provide your passport and the copy of your passport as well as the certification document of your earning. Well, if you are jobless (a student), you should provide the bank with your student card and other certification documents offered by your school. If you have a credit card of your country, you can provide bank with a copy of this card. I suggest you go to consult the clerks in the bank.

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