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sandia911
Squeeker
Joined: May 23, 2006
Posts: 11
Status: Offline
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 Posted:
Aug 12, 2006 - 05:53 PM |
 
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| Post subject: illegal money exchangers standing outside Bank of China bran |
illegal money exchangers standing outside Bank of China branches in Shanghai
Has anyone had experience with the "Huang Nui" or illegal money exchangers standing outside Bank of China branches in Shanghai?
I have several thousand RMB I need converted to USD. I have no documents regarding the money and would like to make a quick and easy transaction to get the funds I need.
What have your experiences been like with these outfitters? I mean, how do they operate? Is this my only option? |
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Andreas
Board Royalty
Joined: Feb 27, 2004
Posts: 6207
Location: 31 N 121 E
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Aug 12, 2006 - 07:06 PM |
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I use them all the time. At BOC in Pudong one of these money changers even had it's own little desk in the entrance hall. A few thousand RMB is absolutely no problem, and they will most probably change it on the spot for you. For larger transactions 100k and more the procedure is different, and they use bank transfer. |
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TheDudeAbides
Rocker
Joined: June 21, 2006
Posts: 711
Status: Offline
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Aug 12, 2006 - 07:47 PM |
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Yep I use them from time to time, I mainly go to the ones at the end of the Nanjing Rd area just across from the Bund, and I've never had any problems, it's quick and easy. |
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sandia911
Squeeker
Joined: May 23, 2006
Posts: 11
Status: Offline
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Aug 13, 2006 - 01:01 PM |
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Really? is that the Bank of China? I have 20,000RMb I need converted to USD? Do you think I should use these guys? |
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Magnolia
Board Biatch
Joined: June 01, 2004
Posts: 30196
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Aug 13, 2006 - 01:37 PM |
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they are fine to use (unknown) if you accompany them into the bank and take the money that they withdraw directly.
they don't work for BOC, but they pay a tribute to be able to "assist". |
_________________
You always won everytime you placed a bet |
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suziqueen22
Rocker
Joined: Sep 08, 2005
Posts: 666
Location: suzhou
Status: Offline
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Aug 13, 2006 - 03:48 PM |
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i know someone who can change this with you, i usually exchange my money when i have to go somewhere, and the best thing is, it is near the bank that i know ppl who work there, they are able to check the money for me first, then i pay that exchange man. If you want i can give you the number and tell you where to get the money checked.very easy |
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