In China, how can we exchange the foreign exchange in our hands to get the maximum profit?

If your foreign exchange is in cash, it can only be exchanged at the national bank, and it is generally not accepted in the black market, because it involves whether your cash exchange belongs to a domestic ID card or a foreign ID card.

If your foreign exchange is in cash, black market private exchange is more advantageous than the National Bank. I also sold the knife in the last 2 weeks, and it is estimated that it is slightly lower now.

I've always had a lot of respect for Aiagz, but I don't agree with his proposal.

If you have idle foreign exchange in your hand, you should immediately change it to RMB, because there is no doubt about the appreciation of RMB this year, and there is even a possibility of another sharp adjustment during the February meeting and the visit to the United States. If it fluctuates on a daily basis, a 3-5% increase by the end of the year is also expected.

The starting point of foreign exchange wealth management is relatively high, and foreign banks generally start at 20,000 US dollars. The annual interest rate of 3-month capital guaranteed wealth management is about 3%.

If the year-on-year currency is converted into local currency, it is a savings, and it is also cost-effective.

The exchange rate of Bank of China and other commercial banks is the official exchange rate, and the exchange rate of foreign exchange through legal channels can only be exchanged with such institutions. Because China is a country that implements foreign exchange controls.

The black market can also be exchanged for foreign exchange, but in the current situation of RMB appreciation pressure and expectations, the foreign exchange "black market"** has been lower than the country's foreign exchange rate. Therefore, at present, the amount of foreign exchange for RMB through legal channels is greater than that of black market transactions, so it is recommended to go to the bank for exchange. However, if you are not in a hurry to use the money, you may wish to use the foreign exchange in your hand to invest in the foreign exchange savings and wealth management business set up by some banks, because the foreign exchange savings interest rate is generally higher than the RMB savings interest rate.

Wait for the right time to exchange back to RMB later.

It is not necessary to have a bank card of the Bank to exchange foreign currency in the Bank of China, cash is also acceptable, and you need to bring your own person back.

Answer card. Convert RMB to foreign currency at the Bank of China:

1. If you exchange in cash, you must go to the bank counter to handle it, and you need to bring your valid ID card to the counter to fill in the foreign exchange purchase application form before you can redeem it.

2. If the money is in the card, you can exchange it at the ATM first, and then withdraw cash directly at the bank counter.

3. Online banking foreign exchange purchase: log in to online banking, select investment and financial management, click on foreign exchange settlement and sale, select RMB foreign exchange purchase to operate, and then go to the bank to withdraw cash.

How to exchange foreign currency at Bank of China?

You only need to provide your ID card to handle foreign currency exchange business at the counter of the Bank of China, but according to the requirements of the Administration of Foreign Experts Affairs, the maximum amount of foreign exchange settlement per person per day is 5,000 US dollars, and the purchase of foreign exchange is 10,000 US dollars. The maximum annual settlement and purchase of foreign exchange per person is 50,000 US dollars. This is talking about banknotes, if you buy foreign exchange and deposit it directly, you can get up to 50,000 US dollars.

You don't need any proof, you can exchange it directly according to the exchange rate of the currency!

If you are a resident, you need to bring your ID card and military ID.

If you are a non-resident, you need to bring your passport.

They accept foreign currency, which is slightly higher or equivalent than the bank rate. The main thing is to trade with them without any formalities, direct cash transactions. The settlement of foreign exchange is very annoying, fill in the form, and the amount must be declared like the People's Bank of China. There is only $50,000 or the equivalent a year.

Sell foreign currency, slightly higher than the bank. It is mainly for people who need a large amount of US dollars and the bank purchase quota is not enough.

But now scalpers are almost non-existent, and when they buy foreign currency and sell it, they have fallen and cannot survive.

The upstairs method can save you costs, you don't want to fill out an application for foreign exchange purchase at the bank**, just bring your ID card and a copy.

You can go to the Bank of China, and there are generally foreign currencies that you can go to and exchange directly with them (maybe the exchange rate is a little higher, and remember to go to the window to check the authenticity after buying).

At present, only the Bank of China can exchange foreign currency, and all other banks cannot. In addition to the Bank of China, you can also exchange money on the local black market, but it is risky and subject to a fee.

Satisfaction is, my brother went to South Korea to exchange the Korean won in CCB, who said that only the Bank of China can.

Bank of Communications can do it too.

It should be the only Bank of China, anyway, I only know that foreign currency exchange is the Bank of China.

Which bank do you go to, and is there a specific branch name?

Because the won is a small currency, the bank's collection and cashing of banknotes can only be handed over to the head office after accumulating a certain amount, and then the head office will transport the cash to the settlement bank of the won in a centralized manner, so as to form book funds to calculate interest. From the receipt of cash from the outlets to the centralized handover of the funds deposited to the Korean won clearing bank during this period of time there is no interest benefit, the bank is a loss, so individual banks with a small business volume may be unwilling to accept a small amount of won (they also have to calculate their own benefits, now are all performance wage system, the branch tasks are more and less bonuses, according to the profit to calculate the performance and door opening costs, very bitter). In addition, unlike the renminbi, foreign currency is issued by China's own central bank, the People's Bank of China, and can be exchanged for damaged coupons at any time.

Yes, the bank's requirements for foreign currencies are relatively strict, and the currencies of different countries are graded, such as the Japanese yen, Singapore dollar, Australian dollar, these are all A-level, the requirements are very strict, that is, even a small mouth is not allowed, like the US dollar, the Korean won are all B-grade, relatively easy, but the bank also has implementation standards.

It is recommended that you go to a larger sales department, which is the head office of the leadership level, to sell, which will be looser.

Also, the total value of this card is less than 60 yuan, so it's too troublesome to collect.

The money is too small to go to someone to change it.

Yes, BOC's online banking has opened personal foreign currency settlement and sales business this year. But if you want to exchange for foreign currency cash, then you can only go to the counter, for a large amount of money is better to make an appointment one working day in advance**.

China** has opened foreign exchange control in 2007, and individuals can go to large, medium and small domestic commercial banks with foreign currency exchange cards with their valid identity documents** or sell 17 kinds of foreign coins listed by banks with the equivalent of less than 50,000 US dollars (limited to less than 50,000 US dollars per person per year).

Let's just say that when you go abroad to travel and return to China, you can go to the bank with your personal ID card and fill out a foreign exchange settlement (sell) and foreign exchange purchase (buy) form to buy and sell foreign currency at the bank counter.

The types of foreign currencies that can be exchanged are: U.S. Federal Reserve Bills, Bank of Japan Bills, British Pound Sterling Bills, EU Dollar, Canadian Dollar, Australian Dollar, South Korean Dollar, Hong Kong Dollar, Chinese Pataca, etc.

Bank of China, Industrial and Commercial Bank of China, China Construction Bank, and Agricultural Bank of China can all be used.

Buy foreign currency banknotes at the current selling price, you give the bank RMB, and the bank gives you foreign currency banknotes; Sell foreign currency banknotes at the ** price of cash, the bank gives you RMB, and you give the bank foreign currency banknotes.

Take a passbook or bank card from Bank of China to go to BOC Self-service to exchange foreign currency, which is convenient and fast, and no ID card is required!

Yes, as long as you are within the annual total, you can exchange it at any time at Bank of China. However, foreign currency cash is limited to $5,000 equivalent per day ($2,000 on holidays), and the account funds or inward remittances may not exceed the equivalent of $50,000.

At present, the banks operating foreign exchange in China include Bank of China, Industrial and Commercial Bank of China, China Construction Bank, Agricultural Bank of China, Bank of Communications, etc. You can choose a bank to exchange according to your own conditions.

It can be exchanged, and only the Bank of China can exchange foreign currency. However, there is a limit, that is, it cannot exceed $5,000. The branch can only exchange US dollars, British pounds, euros, Hong Kong dollars, Japanese yen, and others are not exchanged. If you want to exchange it, you have to go to the sales office.