Why CTCN?

  • 1.Well selected spots operated in ease pace
  • 2.Professional team of guides and consultants
  • 3.Deluxe worldwide hotels only
  • 4.Hand-picked Meals
  • 5.Private luxury vehicles
  • 206-273-7549 (US)

    206-273-7550 (US)

    400-660-6665 (Free in China)

    400-660-6662 (Free in China)

    Email: chinatour@263.net

Before Travel

Money & Banking

The Chinese currency is called renminbi (people’s currency) and is often abbreviated to RMB. The basic unit is Yuan. Ten Jiao make one Yuan.

 

 

 

1) Traveler’s Cheques

Traveler’s cheques provide a fairly secure way of carrying your money. Always remember to keep the record of cheque numbers separate from the cheques for reference in the event of loss. For the convenience of tourists, the Bank of China can cash travelers ' cheques sold by international commercial banks and travelers ' cheque companies in the United States, Canada, Australia, Hong Kong, Japan, Britain, France, and Switzerland, Germany as well as many other countries. Also the Bank of China sells travelers ' cheques for other banking institutions such as American Express, Citibank, Tongjilong Travelers ' Cheque Co., the Sumitomo Bank of Japan, the Swiss Banking Corporation, etc..

 

 

 

2) Credit Card

At present, the following credit cards are accepted in China: Master Card, Federal Card, Visa, American Express, JCB, and Diners Card. Cardholders can withdraw cash from the Bank of China and pay for purchases at exchange centers of the Bank of China, appointed shops, hotels, and restaurants. However, this applies only in major cities and they are not always accepted in remote areas. Credit cards are not always accepted for the purchase of rail and air tickets.

 

 

 

3) ATMs

In larger cities such as Beijing, Shanghai or Hong Kong, there are many ATMs accepting foreign bank cards in major shopping centers and international hotels. These ATMs will have signage that states only foreign cards can be used. The ATM will have signage illustrating what cards are accepted. All ATMs will remit local currency. Remember that if you want to exchange your RMB back to your home currency on the way out (e.g. at the airport), you’ll need to keep the ATM or bank receipt,otherwise the exchange won’t be accepted.