How Do International Students to Exchange Money in China?

How Much Money Should I take when I go China for Study? Before you arrive in China, you need clear your study fee, which include tuition fee, travel fee and living expense and so o...

How Much Money Should I take when I go China for Study? Before you arrive in China, you need clear your study fee, which include tuition fee, travel fee and living expense and so on. You can bring a bank card that can be available to use in China, and take some cash you had transferred in you home country in case of any emergency situations you faced when you first arrive in China.


Open a New China Bank Account

When you come to China, you can open a new bank account, but you need pay the service fee. Please bring your passport and visa when you open a bank account.After you opened your China bank, you can transfer your money from your foreign bank to China bank by yourself.


Transfer Money in China Local Bank 

And you can transfer money by useing your bank card in local bank rather than open a new bank account in China. Almost all banks inChina big city  can meet the needs of money transfer. Like, Bank of China, China Construction Bank, Agricultural Bank of China, Industrial & Commercial Bank of China, Huaxia Bank, China CITIC Bank and so on, many times you can check whether this bank provides currency exchange service through internet.


Use VISA Bank Card in China ATM Machine

Also, you can take money by your VISA bank card in any China ATM machines, which should be marked with VISA label, of course, you will get RMB through China ATM machine.


Western Union

Finally, you can transfer money through Western Union, but what you get through western union is American dollar, if you need RMB, you can go any China banks to exchange. But there may be some lose in this way according to exchange rate.

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