FlyerTalk Forums - View Single Post - Banking and Good banks in the PRC Discussion
Old Oct 15, 2010, 9:57 am
  #35  
tauphi
 
Join Date: Apr 2009
Location: HKG
Posts: 1,314
Originally Posted by mnredfox
Can I just bring a wad of RMB to my local ICBC and ask for USD?
I haven't been to an ICBC branch in three years so my memory is rusty

IIRC, as long as you stick to your guns and get them to ask a supervisor they will follow the rules as set out by SAFE. However, I've found BoC to be much more reliable when it comes to foreign exchange than the ICBC, plus the BoC's fees for transactions such as wires are often lower than the ICBC.

But it doesn't hurt to try if the ICBC branch is more convenient for you. After all, the regulation is on your side
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