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Old Nov 13, 2010 | 9:01 am
  #18  
mnredfox
FlyerTalk Evangelist & Ambassador: China
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Transaction date: Oct 17
Chinese ATM bank (or indicate CC): ICBC
RMB withdrawn (charged): 2500
US Bank (or CC issuer): Schwab
US Dollars deducted (charged): $376.90

This net an exchange rate of 6.633

For reference, my Schwab visa that day was charged as well and I got an exchange rate on that for 6.632 and another at 6.633

According to XE.com the rate for the day was: 6.641. At that rate the difference is $1 for every $125 spent from MARKET rate. Keep in mind, you'll never even get close to those at any hotel reception desk, exchange counter, etc...
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