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I was wondering how visiting Chinese relatives should bring cash (pocket money and emergency purposes)? I imagine bringing a stack of RMB cash would be hard to convert once arriving in the US? How about an ATM card and if so, any issues or things we should watch for to make sure it would work? Thanks! -
I was traveling last Wednesday (July 9, 2014) to Beijing and was passing through the Seattle airport. I had about 1000 rmb's with me and thought, since I had some time, I could buy a bunch more in the Seattle airport, in the S gates area where my Hainan Airlines flight was departing. I noticed the Foreign Exchange booth was not posting their rates so I had to ask how many yuan she would give me per dollar. She said 5.3. I had a general idea it should be over 6 so said "wow" and kept my dollars. I just got into an ICBC here near my hotel today and got 6.145 per dollar. Maybe most of you know better (I think I usually change in the target country) but I post this here for some searchable content: if you can, buy most of your yuan in China. I traded 800 USD today; had I done so in Seattle, I would have lost 676 rmb. I'll try an ATM next. Greg