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You can exchange some cash in the airport you arrive. Travellers cheques, preferably in US Dollars, and foreign cash can be exchanged in cities at the Bank of China. Banks are closed weekends. Regular banking hours are Mon-Fri 0900-1200, 1400-1700. Import... Cash: The currency used in China is the Renminbi/RMB Yuan (CNY). The Yuan is divided into ten chiao/jiao or 100 fen. RMB is not traded outside China and we nevertheless can not exchange or $ into RMB very easily outdoors of China. You can exchange some cash in the airport you arrive. Travellers cheques, preferably in US Dollars, and foreign money can be exchanged in cities at the Bank of China. Banks are closed weekends. Typical banking hours are Mon-Fri 0900-1200, 1400-1700. import export business Import and export of neighborhood currency is limited to RMBY20000. Import of foreign currency is up to US$1000 (US$5000 for non-residents). Greater amounts really should be declared upon arrival. Export of foreign currency is restricted to the amount imported and declared. The larger hotels and the specific 'Stores' created for foreigners will accept most western currencies for purchases. Main credit cards (e.g. visa and master cards) are accepted in the primary cities at different establishments, but outside the key cities acceptance is limited. ATMs are scarce outdoors the major cities. So please do carry added money when you are traveling outdoors of key cities. Despite the fact that tipping is not essential, gratuities may boost service. For the porters or waiters, 1 - five US dollars may be suitable as the tip. Even so, nearby men and women rarely tip in restaurants as a 10% service charge is usually integrated in the bill. My rule is not to give beggars any changes as a lot of them a specialist network more beggars will seem in front of you as soon as you start off giving. Preserve money secure. Always bargain at no price tag listed shops, local folks constantly quote foreigners three-four times far more expensively. If you are staying China for a comparatively extended period of time, you can open a neighborhood bank account. inside import from china Foreigners can open accounts in China and the procedure is fairly straight forward. Initially, it is important that the bank account is opened with the Bank of China, and in most of bigger city branches, there will be an English-speaking member of staff who can help. A passport is needed with each other with a small deposit. A bank book will be issued with a bank card. Deposits can be produced in several currencies such as RMB, US Dollars and UK Pounds, while withdrawals should be in the same currency as the deposit. Make positive you exchange your leftover Yuan ahead of returning house due to the fact this currency can be exchanged only inside China's borders. www.58cai.com offers far more advices on Funds problems in China. guide to import export