Traditional Culture Encyclopedia - Travel guide - Do I need our bank card to exchange foreign currency at Bank of China? What do you need?

Do I need our bank card to exchange foreign currency at Bank of China? What do you need?

A variety of foreign currencies can be exchanged at the Bank of China counter without the need for a bank card, including 13 types of foreign currencies, including US dollars, pounds, euros, Hong Kong dollars, and Japanese yen. For coin exchange, since domestic banks currently do not accept it, it is best to exchange it for banknotes when returning to your country.

When exchanging foreign currency, the purposes are different and the required information is different: Travel exchange: only a private passport and a valid visa are required, including the special circumstances of the country where the visa is issued on arrival. Self-financed study abroad: The first academic year or semester tuition fee requires a passport, visa, admission letter and expense certificate; subsequent tuition fees and living expenses require corresponding supporting documents and proof of study. Other outbound activities: Passport and visa, as well as relevant valid certificates are required.

Notes include: ID documents are required, the daily exchange amount is limited to US$2,000, and foreign exchange purchases are subject to annual total management (US$50,000 per person per year). When the limit is exceeded, transaction proof is required. Banks in mainland China will not exchange foreign currencies that are out of circulation or damaged, and can be returned through legal channels through third-party platforms.

The above information comes from relevant entries in Baidu Encyclopedia.