China Travel Money
|Official Currency||Chinese Yuan|
|Cash Available to Purchase||Yes|
Save on bank fees and buy Chinese Yuan cash for pick up in Perth at Exchange Now Galleria:
- No fees and commission free on all Chinese Yuan exchanges
- Receive competitive exchange rates – see rates
- Notes in a range of denominations
- Pre-order online, contact us to make a reservation or visit us in-store
ATM’s are widespread in major tourist areas in China, although you may find some that do not accept international credit and debit cards. Bank of China is a safe option, so keep your eyes peeled for these ATM’s on your journey. If you are staying in a remote area, you can search here to find ATM’s available in your location. It is most definitely worth having some local currency on hand in the event you cannot find a suitable ATM when you need it.
Chinese Yuan in cash
The official currency of China is the Chinese Yuan, also referred to as RMB or Renminbi. Cash is a travel essential and can save you time and money on many occasions. Having local currency on hand can:
- be handy for small purchases such as something to eat or drink
- give you an alternative method of payment in the event you are unable to pay with a card or you are charged an additional fee to pay with a card
- save you from having to pay high commission fees to exchange money in popular tourist areas when you arrive in China
See Chinese Yuan cash exchange rates using our online currency converter
Using your credit or debit card
Remember to check in with your bank to make sure you are fully aware of the fees you will be charged to make purchases or to withdraw money from an ATM in China. Click here to see common credit/debit card fees and charges before you speak with your bank. If you are planning to take your debit card with you, It is also important to make sure that your card will work overseas. Look on the front and back of your card and make sure that there is a Visa, Mastercard or American Express symbol on the card. If there are none of these symbols, there may be a Maestro or Cirrus logo – these cards will only work at ATM’s that display the Cirrus or Maestro logo. Please feel welcome to contact us if you are unsure if your credit or debit card will work. Always prepare for the event that your card is lost, stolen or skimmed, by having a back-up source of funds available. Access to emergency assistance is a must, you can get emergency cash in as little as 20 minutes if you have a Mastercard Multi-currency Cash Passport Card that is designed for travel. Read more about the travel card here.
We endeavour to provide you with the most accurate and up-to-date information for your destination. This information should be used as a guide only and does not constitute personal advice. Please refer to the relevant product disclosure statement before making the decision to purchase any product offered by Exchange Now. Consider your own circumstances before making a decision on how you will take your money with you overseas.
*You will be redirected to the Mastercard ATM Locator and the information displayed is not published or guaranteed by Exchange Now. The ATM locations have been provided to Mastercard by the relevant institutions and are subject to change.
¹Some ATM operators may charge their own fee. Please refer to the Mastercard Multi-Currency Cash Passport Card Product Disclosure Statement before making a decision to purchase a card.