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Q: Where to get best money exchange in Hangzhou?
Hello
Last weekend I was in town for exchange and went to CHINA CITIC BANK for exchange some USD to RMB
That time the exchange was showing 6,38 i guess.
China Citic bank offered me 6,31 for buying dollars and this is the lowest rate i faced in China
Small exchange offices even got rates around 6,34 (in yiwu)
So maybe you can help me recommending a place in Hangzhou with a good exchange rate?
Or a bank will be good also...
Thanks / Jack 
12 years 27 weeks ago in Money & Banking - China
You'll never get the market rate any where, it's just a fact of the way the system works, as cristi said, Bank of China is probably the best, if not go to the airport and check them out. Don't exchange your RMB at home as you will loose a lot more.
Just stick the card in an ATM and take out your limit if you can avoid spending it quick. Then you aren't hit with fees. If i have money i spend it , so that doesn't work for me. I was spending about 5000y a day.
man, that little drop in exchange would've cost me $40 a day.
