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Q: Is it true that hotels can exchange the dollars into yuan?

11 years 48 weeks ago in  Money & Banking - Shenyang

 
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Shifu

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they can .. but the rates will be very poor... go to any bank with your passport.. best option..

GuilinRaf:

The hotel will also ask for  your passport.

11 years 48 weeks ago
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11 years 48 weeks ago
 
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Posts: 517

Shifu

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they can .. but the rates will be very poor... go to any bank with your passport.. best option..

GuilinRaf:

The hotel will also ask for  your passport.

11 years 48 weeks ago
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11 years 48 weeks ago
 
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Yes, it is true.  But not all will, only the bigger ones, like the 5 stars or so.  Maybe a few 4 stars.

But be aware, they may offer you a lower rate than banks, and on top may charge you a fee for doing so.

 

And one ;last observation, makes no difference where you exchange money, check each bill carefully to insure that you got no fakes, before leaving the place of exchange

Thakkudu:

have your ever got fakes from Chinese Bank or 5star hotel?.. normally i blindly believe both these places..

11 years 48 weeks ago
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HappyExPat:

In China, I do not trust even my shadow. I got my fake 100.s yuan bills out of ATM machine at a local branch of ICBC Bank. And they refused to exchange them, even if security guard confirmed the bills came out pof machine because he was next to me helping with transaction.

11 years 48 weeks ago
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GuilinRaf:

I hated litigating against banks. Even before the bailouts, they could get away with anything.

 

11 years 48 weeks ago
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11 years 48 weeks ago
 
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Shifu

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the bank will exchange it for you

HappyExPat:

ICBC refused to change them, and I even called the Police and wasted 4 hours. Even their security man confirmed my story, and still refused

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The Main Branch of the Bank of China Shenyang does FOREX from Mondays - Fridays from 09h00 - 11h30 and from 12h30 - 14h30.  You will just need to bring your passport.

 

SHENYANG BRANCH 
253 SHIFU ROAD ,SHENHE DISTRICT, SHENYANG 110013, LIAONING PROV,CHINA 
SWIFT:BKCH CN BJ 82A 
TEL:(86) 024-22810556
FAX:(86) 024-22810536
POST CODE:110013

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11 years 25 weeks ago
 
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