Guest lilac6451 Posted April 23, 2005 Report Share Posted April 23, 2005 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. Link to comment
Dan R Posted April 23, 2005 Report Share Posted April 23, 2005 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 Link to comment
ed and ying Posted April 24, 2005 Report Share Posted April 24, 2005 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. Link to comment
Guest lilac6451 Posted April 24, 2005 Report Share Posted April 24, 2005 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. Link to comment
CR1togo Posted April 24, 2005 Report Share Posted April 24, 2005 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 Link to comment
Guest lilac6451 Posted April 24, 2005 Report Share Posted April 24, 2005 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. Link to comment
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