If you need to bring your personal ID card and foreign currency you need to exchange, you can go directly to the foreign currency exchange window at the counter and let the staff exchange it.
Matters needing attention when converting US dollars into RMB:
1. Select a bank. Because of the fluctuation of exchange rate, the foreign exchange quotations of banks are also fluctuating, and their prices will be a little different. Therefore, before the exchange, you can compare the exchange rates of various banks in advance and choose the most suitable bank for exchange.
2. Prepare your ID card or household registration book. You need to bring your ID card and account book to exchange foreign exchange, but not all outlets undertake exchange business. Bank outlets that can exchange foreign exchange will have green currency exchange signs. If you are not sure, you can ask the staff.
3. Pay attention to the exchange quota. At present, the domestic foreign exchange quota is at most $50,000 per person per year or other forms of foreign currency. If it exceeds the quota, you need to go through some special application procedures. Of course, you can also exchange it with someone else's quota.
4, online banking for foreign exchange. At present, you can exchange foreign exchange through online banking without leaving home. Both China Merchants Bank and Bank of China have related businesses, but the premise is that online banking needs to be opened.
Foreign exchange transactions are the exchange of one foreign currency into another. Quotation is the exchange rate, which is usually expressed by the conversion ratio between two currencies, such as USD/JPY and GBP/JPY. The exchange rate is the first currency (as the base currency) and the second currency (as the pricing currency) that represents the price.
In foreign exchange quotations, we often see the English words "the international foreign exchange unit is 654.38+ million base currency". These are all currency knowledge books of FXCM Jin Hui, especially some unusual currency English, such as NZD NZD NZD NZD/AUD/JPY.
Listed foreign exchange: note that not all trading quotations can be published. The following foreign currencies can be listed and traded in the foreign exchange market, such as USD, EUR and JPY. , listed by the People's Bank of China.
The exchange rate is also called "foreign exchange market or exchange rate". The ratio of one country's currency to another is the price of another currency expressed in one currency. Because of the different names and values of currencies in the world, one country's currency should set an exchange rate for other countries' currencies, that is, the exchange rate.