Re: Chinese RMB rates..
 

Yes never left. :D

Aiyah thought you kena gong tao deep deep. Haha got chance please narrate to me the "scare" you got from that innoncent looking CA SYT. :D

Re: Chinese RMB rates..
 

just want to check if there's any problem bringing large amounts of rmb in cash... if there's any limit like singapore...

will there be a preferential rate if remitting amounts over 100K?

thanks and cheers...

Re: Chinese RMB rates..
 

Yes bro there is a max limit of RMB 20k to hand carry in or out of PRC...

Cheers...unfit

Re: Chinese RMB rates..
 

:confused:wow... never noe we're oni allow to carry 20k of rmb in and out of china.
if we're caught carrying more than the limited amount, do we get a fine or dey'll confiscate the exceeded amount:confused:

cashking will be in deep trouble, anytime more than 20k cash wif him :D

Re: Chinese RMB rates..
 

how can we bring in the amt then?

thanks and cheers....

Re: Chinese RMB rates..
 

You can bring me along, I help you to take some... :cool:

Re: Chinese RMB rates..
 

Today RP rate at 5.50pm

1.00 SGD : 5.07 RMB

Re: Chinese RMB rates..
 

三、海关对旅客携带人民币及外币进出境是如何规定的?如果多带人民币及外币进出境没申报被海关查出来还要承 担法律责任吗?

　　超量携带货币进出境案件占机场海关各类案件总数的很大一部分。首先介绍一下携带人民币进出境的有关规定 。根据《中华人民共和国人民币管理条例》和《中华人民共和国国家货币出入境管理办法》的规定，出入境旅客出 境每人每次携带的人民币限额为2万人民币。旅客携带超量人民币需向海关申报，对于申报的海关予以限期退运， 对于未向海关申报的，海关将对超出部分予以代保管并移交缉私局进一步处理。

Re: Chinese RMB rates..
 

i guess to bring in the amount, need to go open a local account there, then remit from here to self...

will tt rates be better then?

Re: Chinese RMB rates..
 

Haha bro civicskyz long time no see you in CP liao! :p

You bringing in more than ¥100,000 to buy property arh? ;)

Enter China from Hong Kong or Macau. Usually they don't scan your luggage at the land borders. Get the drift? Macau Airport the best. Even if Macau Customs stop you for questioning. Just say you come gamble mah. Hahaha. So Macau Airport safest then enter into Zhuhai by land! :D

For very large amounts just TT to your own China Bank account. You'll get better rates.

Re: Chinese RMB rates..
 

;) 100K can buy property meh...

think will go through the tt avenue...

i've been using the hk-huanggang route.. but checks are quite thorough from my last encounter, maybe due to Asian games... rather not take the risk...

anyway, thanks to all the bros' comments... it's enlightening to know the 20K limit.... just wondering the rationale... enough meh :rolleyes: it's like singaporeans are only entitled to bring back goods of value SGD300.00 tax free. Anything above is subject to GST...

Re: Chinese RMB rates..
 

I said more than ¥100,000. In CP a few hundred thousands RMB can buy an apartment liao. :D

Re: Chinese RMB rates..
 

oh i see... no need to buy la... just bunked into one of yours :)

Re: Chinese RMB Custom Information
 

I did told the Custom officer that 20k RMB per pax per entry not enough...then how...:confused:

He then told me to do remittance to PRC account then withdraw or use the China Union Ying Lian (nets)...:mad:

On top of that still told me that most places do accept major credit cards...ha ha...:rolleyes:

I really bopian but to thank him for all the info and he also do a good job as a Hai Guan Gong An ( Custom Police)...;)

What i can say is to play safe and just follow their law cos we can't afford to mess ard with China Law huh...

Cheers...unfit

Re: Chinese RMB rates..
 

Hi,

Today ard 4.30pm go PPC to check on RMB rate.

Rate is 5.085 for cash
Rate is 5.105 for remittance.