First of all, you must open an all-in-one deposit account in China Industrial and Commercial Bank of China, and transfer the US dollar remittance to ICBC's US dollar account in the form of US dollar remittance through the overseas (American) China Bank (the bank charges the US dollar remittance fee), so that you can withdraw US dollar cash through the domestic UnionPay ATM.
If you use Taobao in the United States, you can apply for dual currency (UnionPay &; VISA) credit card, open a savings account, deposit some RMB in advance, and then set up credit card repayment to automatically transfer money from the savings account.
Taobao's payment tool is Alipay, and China Merchants Bank's credit card supports Alipay transfer. At the same time, China Merchants VISA Credit Card can also be used for direct credit card consumption in the United States. Consumption in the United States is calculated by converting it into RMB at the foreign exchange rate of the day. On the day of repayment, the bank will automatically transfer the money from your savings account to your credit card. And you can also remit money directly to the savings account of China Merchants Bank.
Extended data
The difference between Bank of America and Bank of China.
1. Debit account and credit account can be selected for related account types. A natural person of any nationality can open a debit account as long as he holds relevant documents, but a credit account is different. China must provide ID card, and the United States must have SSN's social security number, otherwise foreigners can't open credit accounts locally.
2. China account requires personal ID card, home address, contact number and a simple information application form; American account: you need a passport, an American guarantor with a local social security number, an American address and other simple information application forms.
3. Opening an account is based on specific personal needs and conditions, as well as the distance and dense distribution of bank outlets from the place of residence and place of life, which is the main consideration in the United States.
reference data
Bank of China foreign exchange market