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waikeekee (WKK) Kinky King UID 26173 Digest Posts 0 Credits 1190 Posts 777 Karma 1184 Acceptance 129 Reading Access 50 Registered 11-6-2009 Location Shanghai Status Offline

#21 Post at 16-1-2010 23:40  Profile P.M.  Font size: S M L QUOTE: Originally posted by bonkers89 at 15-1-2010 01:42 PM does anyone know if as a Canadian, I can get a HK bank account that can hold RMB?? I know RMB is regulated by china somehow but not clear on the details. I helped a Singapore Guy, when he was in Hong Kong last November, he opened a HSBC Power Vantage Account. He would TT the cash in Singapore into his Power Vantage Account in Hong Kong. The money/cash remains in Singapore Dollars. So, I assume, if you TT in whatever currency, it will remain as such. When you need to withdraw cash through the common HSBC ATM in Hong Kong, the prevailing exchange rates applies. RGDS WKK

lastyle7 Banned UID 29602 Digest Posts 0 Credits 5 Posts 15 Karma 6 Acceptance -18 Reading Access 0 Registered 20-8-2009 Location USA Status Offline

#22 Post at 17-1-2010 06:33  Profile P.M.  Font size: S M L Reply #4 bizzyb's post you have to get some cash at the airport, just use the atm.

lastyle7 Banned UID 29602 Digest Posts 0 Credits 5 Posts 15 Karma 6 Acceptance -18 Reading Access 0 Registered 20-8-2009 Location USA Status Offline

#23 Post at 17-1-2010 06:34  Profile P.M.  Font size: S M L Reply #4 bizzyb's post you have to get some cash from the airport, try the atm.

sirtiger (the banana) Erotic Emperor UID 3407 Digest Posts 0 Credits 2609 Posts 2588 Karma 2586 Acceptance 465 Reading Access 60 Registered 27-9-2007 Location other side of the planet Status Offline

#24 Post at 21-1-2010 07:51  Profile P.M.  Font size: S M L QUOTE: Originally posted by lastyle7 at 16-1-2010 05:34 PM you have to get some cash from the airport, try the atm. avoid the non-bank atms.  they can have fees that will rape u sideways

waikeekee (WKK) Kinky King UID 26173 Digest Posts 0 Credits 1190 Posts 777 Karma 1184 Acceptance 129 Reading Access 50 Registered 11-6-2009 Location Shanghai Status Offline

#25 Post at 21-1-2010 10:31  Profile P.M.  Font size: S M L Today's Rates I just exchanged some cash 30 minutes ago from my regular Money Changer in Hung Hom Estate. RMB10,000.00 = HKD11,351.00 (Yet Again) Good rates I supposed! RGDS WKK

lossway Carnal Conqueror UID 32459 Digest Posts 0 Credits 265 Posts 136 Karma 262 Acceptance 65 Reading Access 30 Registered 10-10-2009 Status Offline

#26 Post at 21-1-2010 18:55  Profile P.M.  Font size: S M L Usually you can get a high rate at SZ small shop, but they may give you the fake money. So if the amount you want to exchange is not large, it is better to exchange it at local bank. I found that local bank offer more or less the same at the exchange store in the street.

lux138 Nookie Newbie UID 37873 Digest Posts 0 Credits 8 Posts 8 Karma 8 Acceptance 1 Reading Access 10 Registered 13-1-2010 Status Offline

#27 Post at 21-1-2010 20:27  Profile P.M.  Font size: S M L Recommended practice is open an RMB account at a bank and change using TT rate rather than Notes rates.  Best rates are actually the Chinese banks (not BoC) Fubon and Public also fairly good.  Hang Seng okay if you are a Prestige Customer. If you are not a resident then opening an account is a hassle (you need address proof); in that case there are many money changers in Central/Sheung Wan area. Don't use money changers at the airport or train stations esp  Lo Wu. Priority 1  Watch out for FAKE notes.   A good rate with one fake RMB100 note will screwed you up! Here is your ref rate (As at 21-01-2010 20:10) CNY/HKD        sell 1.1383         buyl 1.1433  i.e.  RMB10,000 will cost you HK$11433

kaka (YaYa PaPaYa) Godfather of Hole UID 4484 Digest Posts 0 Credits 8232 Posts 4486 Karma 8093 Acceptance 2781 Reading Access 90 Registered 15-11-2007 Location China Status Offline

#28 Post at 21-1-2010 20:51  Profile P.M.  Font size: S M L Reply #1 waikeekee's post Try going to Macau's casino to change... those underground moneychanger.. i usually go to Venetian... just hang around the cashier area.. you will see people with waist pouches approach you. the rate can be hit-or-miss.. but i have exchanged at 8,700 RMB for HKD10,000. if you change more, you can get like 86,000 RMB for HKD100,000.

kaka (YaYa PaPaYa) Godfather of Hole UID 4484 Digest Posts 0 Credits 8232 Posts 4486 Karma 8093 Acceptance 2781 Reading Access 90 Registered 15-11-2007 Location China Status Offline

#29 Post at 21-1-2010 20:53  Profile P.M.  Font size: S M L QUOTE: Originally posted by hunter at 11-1-2010 13:53 If you have HSBC RMB account - union pay, they offer appx 1.14. sometime I do not carry so much cash, I just utilise the rMB credit card, 0.01 variance aint much. ah i use that too! i just change RMB with HSBC, keep in RMB a/c,  then pay the bills with RMB. the only bad thing abt the card is that it doesn't have password.. dangerous in China.

kaka (YaYa PaPaYa) Godfather of Hole UID 4484 Digest Posts 0 Credits 8232 Posts 4486 Karma 8093 Acceptance 2781 Reading Access 90 Registered 15-11-2007 Location China Status Offline

#30 Post at 21-1-2010 20:58  Profile P.M.  Font size: S M L QUOTE: Originally posted by bonkers89 at 15-1-2010 13:42 does anyone know if as a Canadian, I can get a HK bank account that can hold RMB?? I know RMB is regulated by china somehow but not clear on the details. Yes, you can. I have both a HK HSBC a/c and an overseas HSBC a/c. I sometimes transfer USD from the overseas a/c to my HK HSBC a/c, then exchange into RMB. You can exchange RMB 20,000 daily. But open a few more different bank a/c, you can exchange more!

waikeekee (WKK) Kinky King UID 26173 Digest Posts 0 Credits 1190 Posts 777 Karma 1184 Acceptance 129 Reading Access 50 Registered 11-6-2009 Location Shanghai Status Offline

#31 Post at 5-2-2010 13:52  Profile P.M.  Font size: S M L WTF! RMB is getting more in value! DAMN! I just changed some cash - RMB10,000.00 = HKD11.429.00 RGDS WKK

venetiangirls Kinky King UID 23344 Digest Posts 0 Credits 1141 Posts 1304 Karma 1141 Acceptance 6 Reading Access 50 Registered 11-4-2009 Status Offline

#32 Post at 5-2-2010 18:04  Profile P.M.  Font size: S M L Reply #28 kaka's post that is actually a bit low. last time in zhuhai and SZ, i got it at 1000HKD for 880 RMB and theres speculation that they are appreicating the yuan. dont know to how much but we'll see

kching Nookie Newbie UID 34997 Digest Posts 0 Credits 49 Posts 59 Karma 49 Acceptance -1 Reading Access 10 Registered 25-11-2009 Status Offline

#33 Post at 6-2-2010 16:04  Profile P.M.  Font size: S M L If you have the cash, the premier at HSBC and Citigold will give you the rates at the time of exchange without fees.  It's pretty convenient.. esp. with HSBC, where you can see all your accounts with international currency and exchange it willy-nilly.

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