Thursday, December 8, 2011

Can I exchange my RMB to HKD in Hongkong? Is it easy to do this?

I have remaining RMB left but I will go to Hongkong very soon. Can I just exchange my RMB to Hongkong Dollars? Is it easy to do this? How about the exchange rate? I dont have exchange receipts since my RMB was given to me only. Will HK money changers require exchange receipts? Thanks for your help.|||Will you be able to change your money with no problem. The Airport... on the street there are several Money Exchange places. In Chungking Mansion you will find at least 2. No need for a receipt.





100 RMB will give you around 113 HK Dollars|||At the airport and at the train stations on the border there are shops where you can exchange currency. It's pretty easy to do but somewhat expensive (as they don't give a very good exchange rate). Also, be aware that some of the places will only exchange 100 HKD or 100 RMB bills.|||Several places in Hong Kong will accept RMB as payment. Just ask at the shops and ask what the exchange rate is when they do so. Many times, there is no fee because the shop owner goes in and out of the mainland all the time.|||Very easy. Chinese yuan may be exchanged for HK dollars at numerous sites across HK. No forex receipts are required to do this. Exchange rates reflect a 1% to 3% margin for the currency trader.|||You will always get someone who will be prepared to change the money without any receipt. You will need to pay them though.|||Nowadays many places accept RMB but the exchange is just as expensive as the Exchangers on the street. The best exchange rate is always in a bank, Bank of China, East Asia, HSBC or any. If you arrive at HK before 5 PM , go straight to the Bank of China inside the airport and exchange it there. Bank's exchange rates are more or less similar, no fee needed as the buy/sell rates themselves already built in a profit. Have a wonderful stay in a wonderful city.

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