The place to ask China-related questions!
Beijing Shanghai Guangzhou Shenzhen Chengdu Xi'an Hangzhou Qingdao Dalian Suzhou Nanjing More Cities>>

Categories

Close
Welcome to eChinacities Answers! Please or register if you wish to join conversations or ask questions relating to life in China. For help, click here.
Posts: 1993

Peasant

0
0
You must be a registered user to vote!
You must be a registered user to vote!
0

Q: How many RMB can you take in and out of China?

I'm going to be leaving China soon after my trip in the south, and I was wondering if there was a limit of RMB I can take back with me...or even in for that matter. I came to China with 17,000 RMB in my carry-on without even wondering if there was a limit...

3 years 40 weeks ago in  Money & Banking - China

 
Answers (7)
Comments (0)
Posts: 424

Governor

0
0
You must be a registered user to vote!
You must be a registered user to vote!
0

The best is change your money before you leave China.. into USD, euros or pounds... most banks currently abroad don't accept rmb.

Report Abuse
3 years 40 weeks ago
 
Posts: 1318

Shifu

0
0
You must be a registered user to vote!
You must be a registered user to vote!
0

Well customs have their own limits, but as far as China is concerned.... you can bring as much in as you want, but good luck trying to get it out.

Report Abuse
3 years 40 weeks ago
 
0
0
You must be a registered user to vote!
You must be a registered user to vote!
0

My bank provided me with this information. Hope it helps.
RMB20,000 cash can be carried out of China. Up to USD$5,000 equivalent can be carried out of China in foreign currency (cash). Amounts greater than US$5000 and up to US$10000 will require a permit for Taking Foreign Currency Out of Customs Territory issued by the FX designated bank. A Permit for an amount over US$10000 needs to be applied from SAFE directly.

Report Abuse
3 years 40 weeks ago
 
Posts: 1006

Governor

0
0
You must be a registered user to vote!
You must be a registered user to vote!
0

$5000 is the limit...

Report Abuse
3 years 40 weeks ago
 
Posts: 164

General

0
0
You must be a registered user to vote!
You must be a registered user to vote!
0

You should spend your leftover money to buy gifts for your family members. Wink

Report Abuse
3 years 40 weeks ago
 
0
0
You must be a registered user to vote!
You must be a registered user to vote!
0

This is uncomfirmed by me with regulators, but reputable online sources say that Chinese nationals can only transfer out $50,000 in cash each year, per person. This means that husband and wife can transfer out $50,000 each or $100,000USd each year or $200,000 in 13 months. This is a lot and equivalent to 1.26 Million RMB every 24 months. I don't think too many will be doing this. I have never heard of a limit for foreigners to transfer money out but one might exist. I am sure global banks like HSBC or Citi would have answers for you.

Report Abuse
2 years 48 weeks ago
 
Posts: 1203

Governor

0
0
You must be a registered user to vote!
You must be a registered user to vote!
0

Chinese will not let you leave with money easily.so my advice is to send it to your bank account abroad and then leave the country

Report Abuse
2 years 48 weeks ago
 
Know the answer ?
Please or register to post answer.

Report Abuse

Security Code: * Enter the text diplayed in the box below
Image CAPTCHA
Enter the characters shown in the image.
  • Allowed HTML tags: <a> <em> <strong> <cite> <code> <ul> <ol> <li> <dl> <dt> <dd> <img> <br> <p> <u>
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
  • Textual smileys will be replaced with graphical ones.

More information about formatting options

Forward Question

Answer of the DayMORE >>
A: It all depends on the student! I've met some kids who went to an
A:It all depends on the student! I've met some kids who went to an elite school, and they were definitely head and shoulders above many others I've taught. Not only in ability, but also curiosity. However, I've also met the other side of that coin, the ones where mummy and daddy are just paying for them to be there, and the kid sucks. Is there a difference in what their taught? Yes, I'd say so. Having better teachers (with more experience of the world) usually means a difference in education. However, given the money that is paid, the slac-karse kids probably aren't allowed to fail. Meaning, as an end result, the good students will do much better, and the crap students end up about the same as anywhere else - but with a bigger chip on their shoulder. -- Shining_brow