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What documents do I need to carry when I can exchange dollars in a domestic bank?
Most banks have foreign currency exchange business. Take Bank of China as an example, the exchange process is usually: reservation-purchase-collection. If you don't know whether the nearby outlets have the required foreign currency cash in stock, you can call the outlets for consultation, or you can make an online reservation for foreign currency cash through China Bank's mobile banking.

Customers only need to purchase foreign exchange according to their real needs, and then they can go to the counter to collect cash with their identity documents. Of course, you can also go directly to the business outlets and handle the foreign exchange purchase business through the intelligent counter, without filling out the form and waiting. You can only use your ID card and Bank of China card.

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Matters needing attention in foreign currency exchange

1. If the bank card used is not convertible, you'd better prepare cash first.

2. Generally, there is no handling fee for exchanging dollars in banks, and banks mainly make money by exchanging the difference.

3. If you transfer money or remit money to others after the exchange, you will be charged a handling fee.

At present, each ID card can only be exchanged for 50,000 dollars or other forms of foreign currency at most one year. If it exceeds the quota, you need to go through some special application procedures.

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