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Can money from all countries be converted into RMB at the Bank of China after arriving in China?
Not all countries' money can be converted into RMB when it is taken to the Bank of China, only when the bank is listed. At present, the convertible foreign currencies listed on BOC's website include euro, pound, US dollar, Swiss franc, Singapore dollar, Swedish krona, Danish krona, Norwegian krona, Japanese yen, Canadian dollar, Australian dollar, Philippine peso, Thai baht, Korean won, etc. 14 (currently only handled in some provincial and municipal outlets) and Hong Kong dollar, New Taiwan dollar and Australian dollar * * * etc./kloc. Exchange procedures: customers can handle it with their valid identity documents, fill in the foreign exchange memo and pay cash. Valid identification documents include: my ID card (China citizen, household registration book (/kloc-China citizen under 0/6), military ID card (China People's Liberation Army), Armed Police ID card (China People's Armed Police), Mainland Pass for Hong Kong and Macao residents (Hong Kong and Macao residents), Mainland Pass for Taiwan Province residents (Taiwan Province residents) and passport (foreign citizens or China citizens with passports).