If you want to go abroad and want to exchange foreign currency, where can you change it?

Foreign currency required to go abroad should be exchanged at the bank.

Foreign currency exchange should be done through normal and reliable channels. Under China's current policy, exchange through the country's major banks is the most reliable. It not only conforms to the country's foreign exchange management system, but also allows the flow of funds to be under the greatest guarantee.

Tips: If it is a short-term travel, business, training, etc., you can carry an appropriate amount of cash with you for a small amount of daily living expenses in the process; However, if a large amount is needed for study abroad or immigration, the rest of the funds should be transferred through the bank except for the daily use.

While traveling abroad, be sure to avoid carrying large amounts of cash with you. On the one hand, bringing a large amount of cash across the border will bring unnecessary danger to oneself, and on the other hand, it will have a certain impact on the financial order of China and the destination country. Therefore, whether you are leaving China or entering the country from the other side, you must declare the amount of cash you carry.

Exceeding the required amount will be prohibited or even punished. Just carrying the necessary amount of cash, combined with a credit card and bank transfer, can make the flow of money safer and more convenient to use.

Don't go, the ringgit won't be exchanged at all! Their exchange controls continue. You can change it at Mara Airport. Same as tour guide. If the new dollar is in a group, don't change it! Because you basically don't have time to spend money.

Bank of China is referred to as Bank of China, Bank of China is the most convenient, and other banks such as Agricultural Bank of China, China Construction Bank, etc. are also available!

Foreign currency can be exchanged at any bank branch with a currency exchange sign at the entrance.

Basically, the branches and offices of the four major local banks can be exchanged.

However, the bank's foreign currency reserves are limited.

Basically, it can only be exchanged for the largest denomination of foreign currency, which is not convenient to use.

It should be available at all major municipal levels. It really can't be done in Beijing.

There are several main types of banks that can exchange foreign currency:

1. The five major state-owned banks: Industrial and Commercial Bank of China, China Construction Bank, Bank of China, Agricultural Bank of China, and Bank of Communications, have all opened foreign currency exchange business.

2. Secondly, some joint-stock banks (such as China Merchants Bank, China CITIC Bank, Industrial Bank, Shanghai Pudong Development Bank, etc.) also provide this service.

3. In addition, most foreign banks (HSBC, Standard Chartered Bank, etc.) can also exchange foreign currency.

Notes on foreign currency exchange:

Not all bank offices can handle foreign currency exchange, and in some cities, only certain bank offices can handle foreign currency exchange business, so when you go to a specific bank branch, you should first check whether this service is available.

At present, there are 19 kinds of foreign currency banknotes that can be exchanged in China, including US dollars, euros, British pounds, Australian dollars, Canadian dollars, Japanese yen, Swiss francs, Danish krones, Norwegian krones, Swedish krona, Hong Kong dollars, patacacas, Singapore dollars, Philippine pesos, Thai baht, South Korean won, New Zealand dollars, New Taiwan dollars, and Brazilian reals.

If you go to the bank to exchange foreign currency, there is no exchange restriction at the front office, and small denominations of foreign currency may not be exchanged.

If the RMB is converted into other currencies, according to the relevant regulations of the foreign exchange bureau, each person can exchange a maximum of 50,000 US dollars equivalent to foreign currency per year. <>

You can go to Bank of China for exchange, Bank of China is a professional foreign exchange bank in China, customers only need to hold their valid identity documents, fill in relevant documents, and deliver cash to handle.

Valid identity documents include: personal ID card (Chinese citizens, household registration book (Chinese citizens under the age of 16), military identity documents (Chinese People's Liberation Army), armed police identity documents (Chinese People's Armed Police), Mainland Travel Permit for Hong Kong and Macao Residents (Hong Kong and Macao residents), Mainland Travel Permit for Taiwan Residents (Taiwan residents), passport (foreign citizens).

At present, Bank of China has a wide range of currencies: British pound, Hong Kong dollar, US dollar, Swiss franc, Singapore dollar, Swedish krona, Norwegian krone, Japanese yen, Danish krone, Canadian dollar, Australian dollar, euro, Philippine peso, Thai baht, South Korean won, pataca and New Taiwan dollar.

It should be noted that the exchange rate of foreign exchange is real-time change, please make an exchange decision within the validity period of the customer, once the transaction is made, it cannot be reversed.

1. Now the use of mobile phone payment in China has been particularly common, and many people have developed the habit of mobile phone payment, but such convenience is not so easy to use abroad.

2. There are many ways to exchange foreign currency, such as exchanging on the wild stove network, going abroad for exchange, first converting to US dollars and then going abroad for exchange, etc., but you have to remember one thing, the exchange at a domestic bank is the most cost-effective.

When traveling abroad, you can exchange RMB into foreign currency at various foreign exchange banks.

1. All foreign exchange banks: Bank of China, Industrial and Commercial Bank of China, Agricultural Bank of China, China Construction Bank and Bank of Communications are all foreign exchange operating banks;

2. The exchange rate changes every day (according to the market demand is constantly changing, the same as **), the exchange rate of the same bank in various places is the same, and the exchange rate of different banks is slightly different;

3. No handling fee is required for exchange (because the handling fee has been included in the difference between the bank selling and buying foreign exchange);

4. The annual total amount of foreign exchange purchases by domestic individuals is 50,000 US dollars equivalent in foreign currency.

Further information: Currency foreign exchange rate, abbreviated as FXRATE, FXRATE is an abbreviation for "foreign exchange rate" in English. It is the domestic currency to express the foreign currency**, and its level is ultimately determined by the foreign exchange market. Foreign exchange trading is generally concentrated in financial institutions such as commercial banks.

The purpose of their trading of foreign exchange is to pursue profits, the method is to buy cheap and expensive to sell, to earn the bid-ask spread, the exchange rate on which they buy foreign exchange is the ** exchange rate, also known as the ** price; The exchange rate on which foreign exchange is sold is called the selling rate, also known as the selling price.

There are a few tips for beginners:

1.When trading, it is very important to set a good stop loss and control**. The exchange rate is generally expressed in 5 digits, and the last digit changes by 1, which is the smallest change in the exchange rate, called 1 point.

2.It is necessary to choose a mainstream platform (regulated by the FSA or NFA), which shows whether their operation and capital flow are standardized and serious, which ensures our safety. The UK FSA is the most heavily regulated.

Basic knowledge is necessary. For example, the English name of the currency** (XAUUSD), US Dollar (USD), Euro (EUR), Japanese Yen (JPY), British Pound (GBP), Australian Dollar (AUD), Canadian Dollar (CAD), New Zealand Dollar (NZD), Swiss Franc (CHF), it is recommended to take a look at "Foreign Exchange Rate ABC Introduction", "Foreign Exchange Rate Market", "Foreign Exchange Rate Japanese Candlestick Curve", "Super ** Master", "Speculation Foreign Exchange A-Z", read more learning books to help us understand foreign exchange rates.

3.Maintain a good mindset It's normal to make a profit. (Note: You also need to know some basic knowledge of foreign exchange.) Basic information and free e-books: FXCM's **Special Zone** which contains e-books, this book and other free e-books on forex technology.

4.The basics include what is the trading time, what is the English name of the currency, and what is the opening time. That's right.

If you are a novice, you can register a forex demo account with FXCM Global Gold Exchange to register for free first. Look at how simulated foreign exchange speculation is speculated, and slowly you will understand.

According to China's latest exchange policy, any Chinese citizen, as long as there is a certificate of travel or study, can exchange dollars at any commercial bank business outlets with foreign currency exchange windows with their Ming Shuyun ID card and RMB cash. <>

Individuals are equivalent to $50,000 per person per year, and there is no limit or reduction in the amount, as long as it is within the $50,000 limit, the public can handle it directly through bank counters, online banking, self-service terminals, ** banks and mobile banking, etc., and if it is more than $50,000 equivalent, as long as there is a real background, you can also go to the counter with the transaction voucher. <>

Exchange first prepare ID card or household registration book or other relevant valid documents, no valid documents can not be handled, exchange US dollars and other foreign currency, at present each ID card can only exchange up to 50,000 US dollars or other forms of foreign currency a year, if the amount is exceeded, you have to go through some special application procedures.

Which banks can exchange US dollars, most domestic banks can exchange US dollars, but it does not mean that every business hall can be exchanged, if you see the bank outside the similar foreign currency exchange agency brand or logo, then it means that this bank business hall can exchange US dollars <>

Notes on redemption:

First, if the bank card used is not the bank card for exchange, then it is best to prepare cash first. Second, there is generally no handling fee for exchanging US dollars at the bank, and the bank mainly makes money by exchanging the difference.

Third, if you transfer or remit money to others after the exchange, then a handling fee will be charged.

The exchange rate is an issue that we must be concerned about, and in recent years, the renminbi has been appreciating against the U.S. dollar, for example, one dollar is equal to the renminbi, and the renminbi is equal to the U.S. dollar.

The counters of the four major banks in the country can be exchanged for US dollars.