No.

The only designated bank that can buy foreign currency is the People's Bank of China.

You can go to the nearest commercial bank for currency exchange. When exchanging, bring your ID card and go directly to the external counter to handle related business. If the relevant bank card has online banking, you can also handle related business through online banking.

There is no handling fee for exchanging RMB against foreign currencies at the bank. The bank's exchange rate cost is directly calculated in the exchange rate. Please exchange according to the bank's timely quotation.

Various commercial banks that can operate foreign exchange business with state approval, such as Bank of China, Industrial and Commercial Bank of China, Agricultural Bank of China and China Construction Bank.

It is illegal to conduct foreign currency exchange in places other than designated foreign exchange banks and legal foreign currency exchange offices.