How do foreigners exchange RMB when traveling in China?

🚀 Hey there! Let me fill you in on how foreigners can get their hands on some sweet RMB in China.

Main Ways to Exchange

There are several main ways to exchange your moolah:

1. Bank Exchange

• Hit up big banks like the Bank of China
• Bring your passport or other ID
• Limits on the amount you can exchange, so check with the bank first

1. Hotel Exchange

• Most hotel lobbies will have an exchange service
• Rates might not be as good as banks

1. ATM

• Use your fancy international ATM card to withdraw RMB
• Watch out for any extra fees though!

1. Credit Card

• You can use your CC for purchases, or hit up a bank to exchange for cash

Things to Note

• Hold onto your exchange receipts, ya might need ’em when you leave
• Don’t exchange too much at once, carrying around a bunch of cash is a hassle
• Mobile payment apps like Alipay and WeChat Pay could come in clutch
• Figure out if your cards work in China before you go ham

Best Practices

Diversify your payment methods:

• A lil’ cash for small purchases
• Credit Card for bigger spends
• Mobile payment apps for everyday use
• ATM card as a backup

This’ll make your travels way smoother. China’s pretty accommodating when it comes to exchanging and using RMB, but a lil’ prep goes a long way. Hope this helps! 🤞