Quote:
Originally Posted by kenny3004
Bro. If you pass by zhuhai, the rates at the underground shopping there are quite similar to S'pore. Very small difference.
Bro. Is there any restriction to open a china bank account? Need to be a work permit holder?
Please note the maximum amount you can bring into China is only RMB20,000.
I nearly had my money confiscated last trip to zhuhai via Macau. I carry in RMB200,000. Got checked that day. Pleaded ignorance as there was no sign displaying amount that can be taken in or out. Custom let me off with a warning but I cannot take the money in. Left it at their custodian till I come back to claim after stay. Each day pay RMB200 for safe keeping.
Then I walk walk near the underground shopping and I was surprised rate was not far from singapore.
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What u need is just a passport and 1rmb to open a account.
But u will need to pay for dongle for use of Internet banking if u apply for one. They dun give it free. But still less than 100rmb for the dongle.