Originally Posted by
rajuabju
So I am heading back to the US soon from my trip in Asia.
I am going to have excess RMB and HKD, roughly $1,000 worth of each (in US equivalent dollars)
Is it better to convert (rate wise) them both here in Hong Kong, or do back in the US at my bank?
I'm a member of Wells Fargo Private Bank, so while that wont matter rate-wise, not worried about them not wanting to convert for me.
You need to do it in china or HKG, at least for RMB. I don't believe it's "convertible" outside of china or HKG.