Will Bank of China generate US dollar bills by swiping foreign currency?

Updated on Financial 2024-05-08
21 answers
  1. Anonymous users2024-02-09

    1. The Great Wall Electronic Debit Card can be used for overseas consumption at merchants with the China UnionPay logo, and the RMB account funds in the card can be used for settlement, and the withdrawal currency is the local legal tender overseas. UnionPay debit cards use the UnionPay network at overseas ATMs and POS, and the debit card is traded overseas and accept bank cards overseas, so it is recommended that you check with UnionPay International.

    2. If you use the Great Wall Cross-border Debit Card, you can use a total of 19 foreign currencies to pay in US dollars, euros, Japanese yen, Hong Kong dollars, British pounds, Canadian dollars, Australian dollars, Swiss francs, Singapore dollars, pataca, South Korean dollars, Danish krone, Norwegian krone, New Zealand dollars, Philippine pesos, Russian rubles, Swedish krona, Thai baht, and South African rand for cash withdrawal or consumption at overseas Visa Mastercard network ATMs, without currency conversion. Effectively reduce the exchange rate conversion cost of overseas transactions, and the deduction order of foreign currency accounts is banknote account first and remittance account later. If the currency of the transaction is not within the scope of the above foreign currencies, or if there is no balance or insufficient balance in the corresponding foreign currency deposit account, you can also use US dollar funds to complete the payment and enjoy the payment convenience.

    The above content is for your reference, and the actual business regulations shall prevail.

    Consultation and handling of related business.

  2. Anonymous users2024-02-08

    Depending on which country you swipe, it doesn't have to be USD.

  3. Anonymous users2024-02-07

    At present, there are many currencies that can be exchanged: 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 dollar, pataca, Xinsen refers to Taiwan dollar and other currencies.

    The above content is for your reference, and the actual business regulations shall prevail.

    Handle related business.

  4. Anonymous users2024-02-06

    OK. Most of Bank of China's branches can support foreign currency exchange, and the general branches are from 9:00 a.m. to 5:00 p.m

    00 open. On weekends and holidays, all outlets will be closed in turn, and the specific business situation needs to consult the outlets or the official service of Zhongbei Hengguo Bank**95566.

    Bank of China has a wide variety of foreign currencies, but in order to improve the efficiency of foreign currency exchange, banks usually recommend that you make an appointment 1-2 days in advance.

    Extended Information: Three Ways to Exchange Foreign Currency:

    Method 1: Cash exchange. Bring your valid ID card to the counter to fill in the application form for foreign exchange purchase, and then submit the cash to the staff to exchange the equivalent foreign currency.

    Method 2: ATM exchange. If there are sufficient funds in the personal bank to roll over bank card, you can exchange foreign currency at the ATM machine, and then go to the counter of Bank of China to withdraw cash.

    Method 3: Personal online banking exchange. Log in to People's Bank of China personal online banking, select "Foreign Exchange Settlement and Sale" - "RMB Foreign Exchange Purchase", and finally go to the Bank of China counter to withdraw cash.

  5. Anonymous users2024-02-05

    How can you go to the Bank of China to exchange foreign currency?

  6. Anonymous users2024-02-04

    How to exchange foreign currency at Bank of China?

  7. Anonymous users2024-02-03

    Bank of China Counter Currency Exchange Supported Currencies:

    BOC can exchange common currencies such as GBP, HKD, USD, CHF, JPY, CAD, AUD, EUR and so on.

    Due to the differences in the foreign currencies supported for exchange in different regions, please contact the BOC outlets for details, and you can click on the function of [Life] - [Branch Queuing] in the BOC Personal Mobile Banking to inquire about the BOC branch information (no need to log in to the BOC Personal Mobile Banking).

    The above content is for your reference, and the actual business regulations shall prevail.

    Handle related business.

  8. Anonymous users2024-02-02

    At present, there are many currencies that can be exchanged: 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 dollar, pataca, Xinsen refers to Taiwan dollar and other currencies.

    The above content is for your reference, and the actual business regulations shall prevail.

    Handle related business.

  9. Anonymous users2024-02-01

    How can you go to the Bank of China to exchange foreign currency?

  10. Anonymous users2024-01-31

    The selling price is the rate at which the bank sells the foreign currency to the customer, that is, the price at which the customer buys foreign exchange from the bank. The ** price is the bank's exchange rate for foreign exchange or foreign currency to the customer, which is divided into two types: cash ** price and spot exchange ** price. The spot exchange rate is the bank's exchange rate, and the cash rate is the bank's foreign currency cash rate.

    Spot exchange and banknotes are different concepts, and they are two different forms of foreign currency after it is deposited in a bank. Banknotes can be deposited and withdrawn, but remittance is not allowed, and can only be withdrawn by converting them into banknotes; However, remittance can be remitted abroad like remittance, and banknotes cannot be exchanged for cash exchange.

    As for why it is different, it is because banks take risks in the process of foreign exchange trading, so they have to control the spread to earn a fee for providing services.

    The selling price of spot exchange is the same as the selling price of cash, i.e. the selling price.

    Mid price = (spot ** price + spot selling price) 2

    The benchmark price is a kind of intermediate price announced by the People's Bank of China, and other commercial banks can formulate their own selling prices on the basis of the benchmark price in accordance with the floating range stipulated by the People's Bank of China.

    The middle price is formed by the market, and the benchmark price is announced by the People's Bank of China.

  11. Anonymous users2024-01-30

    How to exchange foreign currency at Bank of China?

  12. Anonymous users2024-01-29

    Depending on the specific situation of the branch, you can call ** to ask.

  13. Anonymous users2024-01-28

    The state stipulates that individuals within the territory of China can purchase foreign exchange and settle foreign exchange within the equivalent of 50,000 US dollars per person per year, and can handle it at the counter of the Bank of China with their valid identity documents; It can also be done at Personal Internet Banking, Mobile Banking and Smart Counter. If you withdraw foreign currency banknotes and the amount of foreign currency cash withdrawn on the same day is less than the equivalent of 10,000 US dollars, please bring your valid ID and account to the branch to withdraw banknotes after making an appointment, or you can log in to the mobile banking to make an "appointment for foreign currency cash".

    The above content is for your reference, and the actual business regulations shall prevail.

    Handle related business.

  14. Anonymous users2024-01-27

    1. Pay attention to the exchange rate in advance, and choose a more suitable day for the exchange rate according to different foreign exchange needs.

    2. **Make an appointment. Before exchanging foreign currency, you can make an appointment in advance, call Bank of China customer service**95566,**to make an appointment for the exchange time, type of foreign currency, quantity of foreign currency, etc. Users can go directly to Bank of China to handle foreign currency business without making an appointment, but foreign currency is in stock every day, so it is best to make an appointment in advance.

    2. After the appointment is successful, the user needs to bring his ID card to the counter to fill in the application form for foreign exchange purchase.

    4. Submit the ID card and the application form for foreign exchange purchase to the counter staff, and wait for the counter staff to handle it.

    5. The counter staff will let the user choose the way to exchange foreign currency, whether it is cash or bank card, and the exchange method can be successfully exchanged.

    Foreign currency exchange is also divided into ATM exchange and personal online banking exchange, through the ATM exchange, you need to have enough funds in the card, after the exchange is successful, you can go to the bank counter to withdraw cash. For personal online banking exchange, users need to log in to Bank of China's personal online banking, select "Settlement and Remittance" and click "RMB Foreign Exchange Purchase", and then withdraw cash at the bank counter.

    This is provided by Kangbo Finance, which focuses on the interpretation of financial hot events, the popularization of financial knowledge, adheres to professionalism, pursues fun, makes financial content that people can understand, and conveys financial value in a vivid and diverse way. Hope this helps.

  15. Anonymous users2024-01-26

    With your personal ID card, you can go to Bank of China to exchange foreign currency. If the amount of foreign currency exchange is not large, no reservation is required. However, if you plan to exchange foreign currency for more than 5,000 US dollars at a time, you should make an appointment in advance. This is because banks do not keep a large amount of foreign currency at their counters.

  16. Anonymous users2024-01-25

    If you want to exchange a large amount of foreign currency, you need to make a reservation in advance, but if it is only a small amount, you can make a reservation without a reservation.

  17. Anonymous users2024-01-24

    How to exchange foreign currency at Bank of China?

  18. Anonymous users2024-01-23

    It is not mandatory to make an appointment in advance for foreign currency exchange at Bank of China, but it is recommended to make an appointment 1-2 days in advance if the exchange amount is large.

    Bank of China Foreign Currency Exchange Process:

    1. The customer opens a current account with Bank of China with his or her ID card, and deposits a certain amount of foreign exchange or foreign currency in the current account (foreign currency treasure account).

    2. If the customer wants to enjoy the foreign exchange treasure ** banking service and online service, he can apply for the Bank of China Great Wall electronic debit card at the same time of opening the account, fill in the "Bank of China ** Bank Service Account Opening Application Form", and sign the "Bank of China Personal Real Foreign Exchange Trading Agreement" to obtain the ** bank transaction and password of our bank.

    3. Customers who have completed the above procedures can log in to the foreign currency by dialing or other means, and apply for registration according to the prompts, and then they can enjoy the online trading service of Bank of China. If it is to exchange cash, the user can go directly to the counter of Bank of China with his ID card to settle the foreign exchange. There will be a declaration process before the foreign exchange is settled, and users can ask the lobby manager directly.

    Extended Materials.

  19. Anonymous users2024-01-22

    Select "Settle foreign exchange and purchase foreign exchange".

    Select the foreign exchange account and click "Next".

    Check my account balance and select "Buy Foreign Exchange".

    Fill in the information of the "Individual Foreign Exchange Purchase Application", including "Currency of Foreign Exchange Purchase", "Banknote Type", "Foreign Currency Amount of Foreign Exchange Purchase", "Estimated Time of Foreign Exchange Use", "Use of Funds", etc., if there is no objection, please check the paragraph before and click "Next".

    Please check your "foreign exchange purchase information", confirm that it is correct, and click "OK" to complete the foreign exchange purchase business.

    Handle personal foreign exchange settlement business.

    Select "Settle foreign exchange and purchase foreign exchange".

    Select the foreign exchange account and click "Next".

    Check my account balance and select "Settle Remittance".

    Check the foreign exchange settlement information, confirm that it is correct, and click "OK". You can complete the foreign exchange settlement business.

  20. Anonymous users2024-01-21

    If you are exchanging RMB for foreign currency, it is recommended to provide a passport from Monday to Friday, because on Saturday and Sunday, non-US currencies need to provide passports. If you exchange RMB for foreign currency, you can withdraw the equivalent of 10,000 US dollars per day. The exchange of foreign currency for RMB can only be exchanged for the equivalent of 5,000 US dollars per day.

    There is a limit of $50,000 per person per year, no.

  21. Anonymous users2024-01-20

    How to exchange foreign currency at Bank of China?

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