Do I need to exchange Hong Kong dollars for traveling to Hong Kong? Which bank should I go to to exchange Hong Kong dollars?

When traveling to Hong Kong, you need to exchange some Hong Kong dollars. As long as banks in my country have foreign exchange business, they can exchange Hong Kong dollars. The foreign currencies that can be exchanged in my country mainly include: British pound, Hong Kong dollar, US dollar, Swiss franc, Singapore dollar, Swedish krona, Danish krona, Norwegian krone, Japanese yen, Canadian dollar, Australian dollar, euro, Macau pataca dollar, Philippine peso, Thai baht, New Zealand dollar, Korean won, etc. The total value of Hong Kong dollars that an individual can redeem per year with his or her ID card cannot exceed US$50,000. If it exceeds the limit, other corresponding supporting documents must be provided.

According to Article 2 of the "Implementation Rules of Individual Foreign Exchange Administration Measures", annual total amount management is implemented for individual settlement of foreign exchange and domestic individual foreign exchange purchase. The annual total is equivalent to US$50,000 per person per year respectively. The State Administration of Foreign Exchange may adjust the annual total based on the balance of payments. The settlement and purchase of foreign exchange within the personal annual total shall be handled at the bank with the person's valid identity document; if the annual total is exceeded, the current account shall be handled in accordance with Articles 10, 11 and 12 of these rules, and the capital account shall be handled in accordance with Articles 10, 11 and 12 of these rules. Handle in accordance with the relevant provisions of these detailed rules "Individual Foreign Exchange Management under Capital Accounts".

Extended information:

Article 11 of the "Implementation Rules of the Individual Foreign Exchange Management Measures" If the non-operating foreign exchange settlement under the current account of overseas individuals exceeds the annual total, the person shall present his or her valid identity document and The following supporting materials are required at the bank:

(1) Rent expenditures: house rental contracts, invoices or payment notices registered by the housing management department;

(2) Living consumption expenditures: Contract or invoice;

(3) Expenses for medical treatment, study, etc.: domestic hospital (school) fee certificate;

(4) Others: relevant certificates and payment vouchers.

If the above-mentioned foreign exchange settlement is worth more than US$50,000 in a single transaction, the RMB funds obtained from the foreign exchange settlement shall be directly transferred to the domestic RMB account of the counterparty.

Article 12 If the non-operating foreign exchange purchase by domestic individuals under the current account exceeds the annual total, it should be handled at the bank with the person's valid identity document and relevant certification materials of transaction volume.

Article 13 The purchase of foreign exchange by overseas individuals with legitimate RMB income from current accounts and the redemption of unused RMB shall be handled in accordance with the following provisions:

(1) Current accounts obtained within the territory of China For legal RMB income, you can purchase foreign exchange with your valid identity document and relevant certification materials (including tax certificates) showing the transaction amount.

(2) To exchange the unused RMB for foreign currency from the original exchange, you must present your valid identity document and the original exchange receipt. The redemption period of the original exchange receipt is 24 months from the date of exchange; For redemptions where the cumulative exchange value on the same day does not exceed the equivalent of US$500 (inclusive) and the cumulative exchange value on the same day does not exceed the equivalent of US$1,000 (inclusive) at places outside the country before leaving the country, you can handle it with your valid identity document.

Baidu Encyclopedia - Foreign Exchange Exchange

Baidu Encyclopedia - Implementation Rules for Individual Foreign Exchange Management Measures