FlyerTalk Forums - View Single Post - Changing money at Shanghai airport rip off
Thread: Changing money at Shanghai airport rip off
View Single Post
Old Mar 24, 2010 | 10:35 pm
  #27  
moondog
A FlyerTalk Posting Legend
Community Builder
Community Influencer
All eyes on you!
25 Years on Site
 
Join Date: Dec 2000
Location: Shanghai
Posts: 46,234
Originally Posted by ckjmglee
Oops, it's even worse than I thought... I called Wells Fargo and they told me that its $5 plus +3% of the transaction to use a non US ATM (plus any fees from the owner of the Chinese ATM -1%?). Using the ATM for a 2,000RMB withdraw will mean about fees totaling 115RMB...

Seems like the best bet might be to pay the 50RMB fee in the terminal to exchange USD to RMB so that we can pay the taxi driver...

Or am I missing something?
Do you happen to have a BofA account, or Schwab, or something else with a fee free option? I had this very conversation with a friend before he came to China two weeks ago.
moondog is online now  
Reply