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Q: Undeclared cash limit upon entry? And/Or ?

I've read different translations for undeclared currency.

 

1.  Can bring $5000 usd and 20,000 rmb

2.  Can bring $5000 usd or 20,000 rmb

 

I need to bring enough for housing deposit and first month before I receive salary.  

 

thanks,

4 years 43 weeks ago in  Money & Banking - Shanghai

 
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Or. 

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4 years 43 weeks ago
 
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I had lived and worked in China for a number of years, earning between 5000, and up to about 18000. Rented my own apartment, paid bills etc etc..

 

When I wanted to get an L visa to hang around for an extra 30 days, I needed to provide proof of being able to look after myself here (without breaking the law by working).

 

20,000RMB.

 

WTF???? When I was on 1/4 of that, I was able to survive! Why the hell would I need to have 20K now???

 

China is stupid!

Englteachted:

You're right he doesn't need to bring in so much but his situation is different from what you're describing, he's setting himself up.

 

But if he's not planning on living in a hotel for the first 2 months, he's making a mistake. You should be a minimalist for the first 2 months to checkout the school and city and make sure you want to stay. 

4 years 43 weeks ago
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Shining_brow:

Very true! Especially that last bit!

 

Maybe the PSB is saying we need that mnoey in the bank - in case we need to do a runner :p

4 years 43 weeks ago
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4 years 43 weeks ago
 
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There are these things called banks, they give you a visa debit card and you can withdraw money from an ATM. 

 

Which country you're from?

 

For example, I'm from USA , so Bank of America is the bank I chose before leaving because I did my homework and found that BOA allows no-fee withdrawals from China Construction bank

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4 years 43 weeks ago
 
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