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english.beijing.gov.cn
2021-07-30  |  

兑换外币_副本.jpg

Currency exchange [Photo via tuchong.com]

This tutorial is written based on experiences at Bank of China. Other banks may be different (but generally similar). Foreign exchange is an interchange of currencies at a competitive global rate. The rate between currencies changes by the minute or second.

Necessities:

1. Passport

2. Your Address

3. Foreign Exchange Currency

4. A secure folder or bag to put receipts and cash in, as the cash may be too thick to fit in your wallet.

Find the address of a bank that you would like to use.

When you arrive:

1. Get a ticket by selecting "Personal Banking".

2. Ask the teller at the front desk to exchange money.

They will give you a form, which is available in English.

3. Fill in the form:

After filling in your personal information, you can probably just fill in the amount that you want to exchange, the rest is filled in by the teller.

4. Give the teller the form, foreign currency, and your passport.

Keep the receipt for your reference.