Traditional Culture Encyclopedia - Tourist attractions - Can I use RMB to travel to Malaysia and Singapore?
Can I use RMB to travel to Malaysia and Singapore?
When traveling to Malaysia and Singapore, you can't use RMB directly, but you can exchange it into Malaysian and Singapore dollars. Ringgit is the legal tender of Malaysia. Local banks or international banks can be found in all towns and cities in Malaysia, and all banks have foreign exchange business.
the Singapore dollar is the legal tender of Singapore, which is mainly circulated in Singapore and Brunei. Travel to Singapore can be redeemed in advance or at a local bank.
Extended information:
When entering or leaving Singapore, anyone with more than S $2, (about 98, RMB) in cash must declare, whereas the previous amount was S $3, (about 15, RMB). The S $2, cash includes any currency of equal value and other negotiable securities, including traveler's checks, money orders, cheques and promissory notes.
according to the relevant laws of Singapore, anyone who brings more cash into or out of Singapore must declare it truthfully, otherwise he may be sentenced to imprisonment for up to 3 years or fined up to S $5, (about 246, RMB), or both.
Baidu Encyclopedia-Ringgit
Baidu Encyclopedia-Singapore Dollar
People's Daily Online-Singapore's New Entry and Exit Policy: You need to declare if you bring more than 1, RMB in cash.
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