Bank branch
Usually the best starting point for common currencies and larger amounts. Selected branches offer foreign exchange.
You hand over
Your foreign banknotes are estimated using the bank’s cash buying rate.
Loading exchange estimate…
You may receive
¥6,755.80 CNY
This is a planning estimate. The provider confirms the final rate and any service requirements at the counter.
These three checks prevent most wasted trips.
Take the physical passport you used to enter China, not only a photo or copy.
Damaged, heavily marked or very old notes may be refused by the bank.
Confirm it handles your currency, its counter hours and whether an appointment is needed.
Availability and supported currencies vary by location.
Usually the best starting point for common currencies and larger amounts. Selected branches offer foreign exchange.
Useful when you need cash quickly, but opening hours, supported notes and quoted rates can differ.
Some airports, hotels and visitor areas provide licensed machines. ID and currency support varies.
A short sequence you can follow at any provider.
Tell the provider which banknotes you have and check that the exchange counter is open.
Large transactions may also need documents showing the source or purpose of the funds.
Review the final rate before exchanging and keep the receipt in case you convert unused RMB later.
Open a topic only when it applies to you.
Usually not for a standard small-value cash exchange. Bring your original valid passport; branch requirements can vary.
The annual foreign exchange settlement facilitation quota is generally equivalent to USD 50,000. It is not necessarily an absolute limit: above-quota transactions may proceed with documents proving the transaction’s source, purpose and amount. Bank of China also states that some small-value cash exchanges at authorized airport, hotel and other exchange points can be handled with valid ID without using the annual quota.
Google and financial sites usually show a mid-market rate. A bank uses its cash buying rate for your banknotes, and it may change during the day.
Damaged, heavily marked or very old banknotes may be refused. For large cash amounts, the bank may request entry details, a customs declaration, a withdrawal receipt or other proof of source and purpose.
Use a bank, licensed counter, authorized hotel counter or official exchange machine—never an individual on the street.