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MIexpat
Reacher
Joined: July 30, 2004
Posts: 350
Location: in transit...
Status: Offline
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  Posted:
May 29, 2005 - 10:40 AM |
 
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| Post subject: money logistics |
for long duration independant (non group or not prepaid) trips within China - how do people handle money? i would rather not have to carry around a huge wad of cash- are travelers' checks the way to go or... ?
thanks! |
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benwalker
Seeker
Joined: May 17, 2005
Posts: 47
Location: In Between
Status: Offline
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May 29, 2005 - 01:04 PM |
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Last time i went abroad, I made an account with HSB bank, international bank which gives you access to a debit card, most major countries have these banks somewhere, just make sure that wherever you are going the according bank in that country has your signatures and so forth, I got caught in bangkok last time and couldnt get any money out, was a horrible time lol |
_________________
Just because I am lost does not mean I am lost! |
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Benoist_Shanghai
Low Seater
Joined: May 18, 2003
Posts: 3057
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May 29, 2005 - 04:58 PM |
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Upon arrival in China, go to the first bank with large network (bank of china and post office), open an account (passport needed, 1-10 RMB opening fee?) with a withdrawal card. Et voila!
b. |
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MIexpat
Reacher
Joined: July 30, 2004
Posts: 350
Location: in transit...
Status: Offline
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| Posted:
May 29, 2005 - 06:47 PM |
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| Benoist_Shanghai wrote: |
Upon arrival in China, go to the first bank with large network (bank of china and post office), open an account (passport needed, 1-10 RMB opening fee?) with a withdrawal card. Et voila!
b. |
so i can access funds in a shanghai ICBC account while in urumqi, lanzhuo, qingdao or dalian using the same lil card? |
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Benoist_Shanghai
Low Seater
Joined: May 18, 2003
Posts: 3057
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May 30, 2005 - 12:13 PM |
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I dont know ICBC network... I would assume that BOC and China Post have the largest networks and cover most places. So, you need to check with the bank where you intend to open an account to know whether they have branches there. But, normally, yep, with the same card, or if not card, with the bank booklet.
b. |
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bigspider
Talker
Joined: Jan 21, 2005
Posts: 76
Status: Offline
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May 30, 2005 - 09:21 PM |
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I think ICBC has more cash points than BOC. I would certainly open one with China Post. Once in a remote area in Gan Su, only one China Post office stand. |
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