: cash exchange
1. mainland bank exchange
All major banks in mainland China can handle cash exchange of Hong Kong dollars, which is the most cost-effective and safest exchange rate choice. But don't forget to make an appointment in advance. It is suggested to ask about the minimum and maximum exchange amount. You need to bring your ID card when you change it.
The major banks basically offer large denominations of 500, 1000 in their Hong Kong dollar exchange business, among which the denomination of China Bank is relatively large and can be converted into small denominations. You can make corresponding requirements when making an appointment.
2. Where can I exchange it for a good one?
Generally speaking, the exchange rate between China Bank and China Merchants Bank for Hong Kong dollars is more cost-effective; When Hong Kong dollars are exchanged for RMB, the exchange rate of ICBC is recommended. However, the exchange rates of major banks fluctuate slightly every day, so we should choose according to the actual situation. If the exchange amount is not large, don't pay too much attention to the exchange rate difference.
: airport and customs counter exchange
1. Airport switch
Most mainland airports and Hong Kong airports have currency exchange counters, but the exchange rate is on the high side, so you can exchange a small amount of Hong Kong dollars for emergencies.
If you have passed the customs at the Hong Kong airport, you may wish to withdraw cash from the ATM at the airport. Although ATM will charge a certain handling fee, it is also recommended because of its simple and flexible operation and real-time exchange rate (more details will be mentioned later).
2. Customs exchange
The exchange situation at the port is similar to that at the airport. You can find the exchange counter at the customs gate before and after customs clearance, but the exchange rate is not very cost-effective. Except Shenzhen Bay Port, all other ports can withdraw cash through ATM.
In addition, there are many private exchange points near several popular entry ports in Shenzhen, with different exchange rates. But pay attention to counterfeit money, and try to choose other exchange methods without special circumstances.
3. Local currency exchange office.
Once in Hong Kong, many tourists will find that the streets and alleys in the central area are all Hong Kong dollar exchange shops with obvious "change" signs. The exchange rate is not very cost-effective, and large exchange is not recommended.
4. Exchange place and time
Shops can be found almost everywhere in Hong Kong Island and Kowloon, where tourists are concentrated. There are many exchange points near chungking mansions alone. Before making a choice, you can compare the exchange rates. As for the business hours, it is also very user-friendly. There are not a few shops that are open until 2 1 or even 22 o'clock at the latest.
5.ATM cash withdrawal
If you want to withdraw cash in Hong Kong dollars from ATM machines, you must operate in Hong Kong. The logo of UnionPay can be seen almost everywhere in Hong Kong: major ports (except Shenzhen Bay), airports and tourist-intensive city centers.
Although UnionPay cards are widely used in Hong Kong, to be on the safe side, users are advised to call the corresponding bank before departure and ask whether it is necessary to open overseas cash withdrawal business.
6. Settlement currency and handling fee
Cash withdrawal in Hong Kong is directly settled in RMB, subject to the real-time exchange rate, so it is recommended.
However, this method is to withdraw cash from different places, so it requires a certain handling fee:
If you withdraw cash from an ATM with UnionPay logo, the withdrawal fee is about 1% 10 yuan;
If you withdraw cash from an ATM without UnionPay logo, the withdrawal fee is about 3% 10 yuan;
The specific fees are slightly different according to the regulations of different banks.
: Other payment methods
1. Credit card
Credit card payment is a common payment method in Hong Kong tourism at present, and almost all shopping malls and shops support credit card services.
2. UnionPay card
In addition to the cash withdrawal function of ATM machines, UnionPay cards are also commonly used for credit card payment. According to the exchange rate, it is settled in RMB. There is no handling fee in the operation process, and you can get full marks in convenience and cost performance.
3.Visa, Master and American Express Card
Visa, Master and American express card
Alipay and WeChat payment are not well-known in Hong Kong, so you can pay attention to whether there is a logo of Alipay or WeChat payment when you consume. This payment method is settled in RMB, and there is no handling fee. It is welcomed by many tourists and is also one of the recommendations.
5. Which merchants support Alipay and WeChat payment?
At the beginning of 2008, Alipay entered Hong Kong with a very rapid momentum, and the discount at settlement was very strong. In addition to the following businesses, it is expected that more stores will support this consumption pattern in the future.
Attractions: Ocean Park, Disney, etc.
Dining: Starbucks, Sakamoto Sushi, Tang Yifeng, Maxim's Fast Food, etc.
Shops: Most shops in SaSa, Zhuo Yue, Wanning, Watsons and Harbour City, pharmacies near Mong Kok and Causeway Bay, etc.
6. RMB
Some shops in Hong Kong accept cash payment in RMB. Calculated in Hong Kong dollars, it is close to the market exchange rate, but it does not fluctuate daily. It can also be seen as a way to obtain small denominations of Hong Kong dollars.
Comparison of exchange and payment methods
According to the above table, generally speaking, the recommendation degree of exchange and payment methods is: Alipay and WeChat payment >; Credit card payment > mainland bank exchange > & gtATM cash withdrawal > RMB payment > local currency exchange > airport and customs counter exchange.