In China, if you need to exchange US dollars, China Bank is a direct and convenient choice. First of all, according to the regulations of the State Administration of Foreign Exchange, domestic individuals have a convenient foreign exchange purchase quota of US$ 50,000 per year, which can be handled through bank counters, online banking, self-service terminals, telephone banking, mobile banking and other channels. As long as you can provide real transaction background, you can bring relevant vouchers to the bank counter for foreign exchange demand of more than 50 thousand dollars.

It should be noted that due to the limited US dollar cash inventory, individual banks may manage the exchange. In this case, if you need foreign currency cash urgently, you can choose to go to other banks or to individual foreign currency exchange franchises authorized by the foreign exchange bureau to withdraw it. There are many kinds of convertible foreign currencies in China, including common currencies such as British pound, Hong Kong dollar and US dollar, and some currencies of specific countries, such as Australian dollar and Euro. However, when buying, you should be wary of unofficial or expired foreign currencies circulating in the market to avoid being deceived.

In the course of trading, the foreign exchange quotations provided by China Bank and other banks will distinguish between the foreign exchange buying price (bid price) and the foreign exchange selling price, as well as the buying price and selling price of paper money. These prices reflect the difference between foreign exchange (or paper money) bought and sold by banks. Therefore, when choosing a bank to exchange dollars, we should not only consider the convenience of exchange, but also pay attention to the current exchange rate trend and the bank's quotation.