I have 10 thousand pounds, and I want to take it to the bank to deposit it and change it into RMB. Which bank is better, will they accept it? How much RMB should I exchange?
Bank of China. It's actually more convenient. For example, the face value of the pound is relatively shabby, especially 50 pounds. If it is from another bank, it may not be accepted. However, 10,000 pounds can't be converted into RMB in one day, because SAFE stipulates that foreign exchange settlement can't exceed the equivalent of 10,000 dollars in one day, so you have to settle foreign exchange in two days.