Changing money at Shanghai airport rip off
#46
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Join Date: Dec 2000
Location: Shanghai
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Btw, I'm also planning a domestic flight to another city, it seems I can use credit card to buy the ticket (on China Eastern website), but is it going to be e-ticket? (i.e., a PNR code will be generated after purchase, which I can use to check in?)
Thanks in advance...
Thanks in advance...
#47
Join Date: Apr 2009
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Thanks, moondog. What do you suggest the best way to get some cash? Is there any other party going on, or just use any ATM and pay the fee?
It's nice to know the e-ticket is going to work, because some of my friends was telling me they have to delivery the ticket to an address, which scared me.
It's nice to know the e-ticket is going to work, because some of my friends was telling me they have to delivery the ticket to an address, which scared me.
#48
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It's nice to know the e-ticket is going to work, because some of my friends was telling me they have to delivery the ticket to an address, which scared me.
#49
Join Date: Apr 2009
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Sounds like it's time to call my banks, and see who has better ATM fees..
I don't need an receipt, since it's a personal trip. As long as I can check in at the airport with my passport, that will be fine.
again, thank you for answering all the questions..
I don't need an receipt, since it's a personal trip. As long as I can check in at the airport with my passport, that will be fine.
again, thank you for answering all the questions..
#51
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It is not just about which bank that you deal with, it also depends on what package you have.
#52
Join Date: Jan 2005
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I was there fairly recently and couldn't find ANY ATM's anywhere in the airport. Since then I've found if you exchange $600 or more at AAA in this country there is no commission and the exchange rate is highly competitive. As far as the China Construction Bank, I couldn't find any sign of them anywhere in Shanghai (and I was only in Shanghai).
#53
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Join Date: Dec 2000
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I was there fairly recently and couldn't find ANY ATM's anywhere in the airport. Since then I've found if you exchange $600 or more at AAA in this country there is no commission and the exchange rate is highly competitive. As far as the China Construction Bank, I couldn't find any sign of them anywhere in Shanghai (and I was only in Shanghai).
I guess there's not much point in honing in on CCB any more now that the BofA partnership has lost most of its fizz, but CCB is extremely prevalent in Shanghai (in fact, I chose them as my main bank in Shanghai for this reason):
http://map.baidu.com/?newmap=1&ie=ut...B8%8A%E6%B5%B7
#54
Join Date: Feb 2013
Location: China and Canada
Posts: 1,886
There are many ATMs at PVG.
I guess there's not much point in honing in on CCB any more now that the BofA partnership has lost most of its fizz, but CCB is extremely prevalent in Shanghai (in fact, I chose them as my main bank in Shanghai for this reason):
http://map.baidu.com/?newmap=1&ie=ut...B8%8A%E6%B5%B7
I guess there's not much point in honing in on CCB any more now that the BofA partnership has lost most of its fizz, but CCB is extremely prevalent in Shanghai (in fact, I chose them as my main bank in Shanghai for this reason):
http://map.baidu.com/?newmap=1&ie=ut...B8%8A%E6%B5%B7
@Moondog - about your Credit Union comment, remember that not everybody here is American.
#55
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I realize this, but I have been guessing that there are similar institutions in other countries. I have had an even stronger hunch the small bank phenomenon is --more or less-- global. Speaking from my experience in the US again, in order to compete against BofA, Citi, and Wells Fargo and their massive ATM networks, regional banks (as well as online only banks) typically don't charge out of network ATM fees, and many reimburse fees charged by host ATMs.
#57
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#58
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#59
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I realize this, but I have been guessing that there are similar institutions in other countries. I have had an even stronger hunch the small bank phenomenon is --more or less-- global. Speaking from my experience in the US again, in order to compete against BofA, Citi, and Wells Fargo and their massive ATM networks, regional banks (as well as online only banks) typically don't charge out of network ATM fees, and many reimburse fees charged by host ATMs.
Some countries have cheaper alternatives to bank accounts, such as postal accounts in Germany, but they're not necessarily based on some affinity group as USA credit unions require. In the USA, we have state banks, federal savings banks, federal savings and loan associations, etc. but they are not intended to be full service commercial banks and generally cannot easily handle foreign checks or other international transactions IME.
#60
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Location: Shanghai
Posts: 42,031
It was reported in USA media a couple days ago that out-of-network fees are higher than they've ever been, averaging over $4 per transaction.
Some countries have cheaper alternatives to bank accounts, such as postal accounts in Germany, but they're not necessarily based on some affinity group as USA credit unions require. In the USA, we have state banks, federal savings banks, federal savings and loan associations, etc. but they are not intended to be full service commercial banks and generally cannot easily handle foreign checks or other international transactions IME.
Some countries have cheaper alternatives to bank accounts, such as postal accounts in Germany, but they're not necessarily based on some affinity group as USA credit unions require. In the USA, we have state banks, federal savings banks, federal savings and loan associations, etc. but they are not intended to be full service commercial banks and generally cannot easily handle foreign checks or other international transactions IME.