who knows?

[Guest lilac6451]

Hello Everyone,

 

I just came back from Uk for a break, and I brought with me a cheque of Euro. I want to cash it into RMB.yesterday I went to a bank near my place but the person there told me they dont cash foreign cheque. What can I do now? I know in UK, if you want to cash cheques, you go to places like" American Exchange", "Money Exchange", a bank or any postoffice. But it is different in china. Do your guys have any idea? Thank you.

[Dan R]

Is this a personal check, money order or a bank draft? If personal or bank draft what issuing bank. I found credit cards were the best way to have cash available. Perhaps the bank it is drawn on has a branch or affiliate bank there. This might be found out on line. In the U.S. a foreign check could only be deposited in an account and the funds put on hold until they receive the transfer funds. Unless the check is a traveler's cheque

[ed and ying]

I will assume you have bank account in China. You might try depositing the check into your account. That might work. I only have actual experience with cash and wire transfer. Account at Bank of China has 3 amounts/ledgers for RMB, USD and Euro has money has been deposited in all 3 currencies.

[Guest lilac6451]

It is personal check.The issuing bank is in France. I really dont know if I can deposit check into my account. But I will have a try. Thank you for the advice.I dont think France has a branch or affiliate in china.

[CR1togo]

Likewise Bank of America in China says it will take about 2 months to cash a personal check drawn on my US B of A account. Can you get the French concern to wire the money after returning the check to them? acw

[Guest lilac6451]

Yes, I can return the check and ask them to wire the money to me, but still there are lots of trouble wiring money. I have done that before. The bank in china needs lots of imformation about the bank. It is too complicated.