- British Pound (GBP)
- Euro (EUR)
- United States Dollar (USD)
- Australian Dollar (AUD)
- Canadian Dollar (CAD)
- Japanese Yen (JPY)
- Australian Dollar (AUD)
- Albanian Lek (ALL)
- Algerian Dinar (DZD)
- Aluminium Qunces (XAL)
- Argentine Peso (ARS)
- Aruba Florin (AWG)
- British Pound (GBP)
- Bahamian Dollar (BSD)
- Bahraini Dinar (BHD)
- Bangladesh Taka (BDT)
- Barbados Dollar (BBD)
- Belarus Ruble (BYR)
- Belize Dollar (BZD)
- Bermuda Dollar (BMD)
- Bhutan Ngultrum (BTN)
- Bolivian Boliviano (BOB)
- Botswana Pula (BWP)
- Brazilian Real (BRL)
- Brunei Dollar (BND)
- Bulgarian Lev (BGN)
- Burundi Franc (BIF)
- Canadian dollar (CAD)
- Chinese Yuan (CNY)
- Cayman Islands Do(KYD)
- Cape Verde Escudo (CVE)
- Cayman Islands Do(KYD)
- CFA Franc [BCEAO] (XOF)
- CFA Franc [BEAC] (XAF)
- Chilean Peso (CLP)
- Colombian Peso (COP)
- Comoros Franc (KMF)
- Copper Pounds (XCP)
- Costa Rica Colon (CRC)
- Croatian Kuna (HRK)
- Cuban Peso (CUP)
- Cyprus Pound (CYP)
- Czech Koruna (CZK)
- Euro (EUR)
- Danish Krone (DKK)
- Dijibouti Franc (DJF)
- Dominican Peso (DOP)
- East Caribbean Dollar (XCD)
- Ecuador Sucre (ECS)
- Egyptian Pound (EGP)
- El Salvador Colon (SVC)
- Eritrea Nakfa (ERN)
- Estonian Kroon (EEK)
- Ethiopian Birr (ETB)
- Falkland Islands Pound (FKP)
- Fiji Dollar (FJD)
- Hong Kong Dollar (HKD)
- Indonesian rupiah (IDR)
- Indian rupee (INR)
- Gambian Dalasi (GMD)
- Ghanian Cedi (GHC)
- Gibraltar Pound (GIP)
- Gold Ounces (XAU)
- Guatemala Quetzal (GTQ)
- Guinea Franc (GNF)
- Guyana Dollar (GYD)
- Haiti Gourde (HTG)
- Honduras Lempira (HNL)
- Hungarian Forint (HUF)
- Iceland Krona (ISK)
- Iran Rial (IRR)
- Iraqi Dinar (IQD)
- Israeli Shekel (ILS)
- Japanese yen (JPY)
- Jamaican Dollar (JMD)
- Jordanian Dinar (JOD)
- Kazakhstan Tenge (KZT)
- Kenyan Shilling (KES)
- Korean Won (KRW)
- Kuwaiti Dinar (KWD)
- Lao Kip (LAK)
- Latvian Lat (LVL)
- Lebanese Pound (LBP)
- Lesotho Loti (LSL)
- Liberian Dollar (LRD)
- Libyan Dinar (LYD)
- Lithuanian Lita (LTL)
- Macau Pataca (MOP)
- Macedonian Denar (MKD)
- Malawi Kwacha (MWK)
- Malaysian Ringgit (MYR)
- Maldives Rufiyaa (MVR)
- Maltese Lira (MTL)
- Mauritania Ougulya (MRO)
- Mauritius Rupee (MUR)
- Mexican Peso (MXN)
- Moldovan Leu (MDL)
- Mongolian Tugrik (MNT)
- Mongolian Tugrik (MNT)
- Moroccan Dirham (MAD)
- Myanmar Kyat (MMK)
- Namibian Dollar (NAD)
- Nepalese Rupee (NPR)
- Neth Antilles Guilder (ANG)
- New Zealand Dollar (NZD)
- Nicaragua Cordoba (NIO)
- Nigerian Naira (NGN)
- North Korean Won (KPW)
- Norwegian Krone (NOK)
- Omani Rial (OMR)
- Renminbi (CNY)
- Pacific Franc (XPF)
- Pakistani Rupee (PKR)
- Palladium Ounces (XPD)
- Panama Balboa (PAB)
- Papua Guinea Kina (PGK)
- Paraguayan Guarani (PYG)
- Peruvian Nuevo Sol (PEN)
- Philippine Peso (PHP)
- Platinum Ounces (XPT)
- Polish Zloty (PLN)
- Qatar Rial (QAR)
- Romanian New Leu (RON)
- Russian Rouble (RUB)
- Rwanda Franc (RWF)
- Swiss franc (CHF)
- Samoa Tala (WST)
- Sao Tome Dobra (STD)
- Saudi Arabian Riyal (SAR)
- Seychelles Rupee (SCR)
- Sierra Leone Leone (SLL)
- Silver Ounces (XAG)
- Singapore Dollar (SGD)
- Slovak Koruna (SKK)
- Slovenian Tolar (SIT)
- Solomon Islands Do(SBD)
- Somali Shilling (SOS)
- South African Rand (ZAR)
- Sri Lanka Rupee (LKR)
- St Helena Pound (SHP)
- Sudanese Dinar (SDD)
- Swaziland Lilageni (SZL)
- Swedish Krona (SEK)
- Syrian Pound (SYP)
- United States dollar (USD)
- Thai baht (THB)
- Turkish Lira (TRY)
- Taiwan Dollar (TWD)
- Tanzanian Shilling (TZS)
- Tonga Pa'anga (TOP)
- Trinidad & Tobago Do (TTD)
- Tunisian Dinar (TND)
- UAE Dirham (AED)
- Ugandan Shilling (UGX)
- Ukraine Hryvnia (UAH)
- Uruguayan New Peso (UYU)
- Vanuatu Vatu (VUV)
- Venezuelan Bolivar (VEB)
- Vietnam Dong (VND)
- Yemen Riyal (YER)
- Zambian Kwacha (ZMK)
- Zimbabwe Dollar (ZWD)
Chinese Currency
Chinese currency is defined as Renminbi (RMB or CNY) meaning "The People's Currency", it is issued by People's Bank of China. The standard unit of RMB is "Yuan" (Or Kuai, an informal expression like "buck"), 1Yuan equals 10 Jiaos, and 1 Jiao equals 10 Fens. Chinese currency is issued in the Following denominations: 1Yuan, 2Yuan, 5Yuan, 10Yuan, 20Yuan, 50Yuan and 100Yuan; 1Jiao, 5Jiao; and 1Fen, 2Fen, Fen. Both old and new styles of bills circulate in China, and many denominations have both coins and bills.
In Hong Kong, the only currency used is the Hong Kong dollar. Three local banks (HSBC, Standard Chartered, and the Bank of China) all issue bills and each has their own designs.
Exchange
Exchange rates in China are fixed by the government daily, so it's equally good at branches of the Bank of China, or at your hotel's exchange desk. Any lowers rates are illegal, and thus risky. A passport is required. Hold on to your exchange receipt, which you will need to convert your extra Yuan back to your own currency.
There are no currency restrictions in Hong Kong. Banks usually have the best rates, but as they charge a flat HK$50 fee for non-account holders, it's better to change large sums infrequently.
ATMs & Banks
ATMs are widespread in major Chinese cities and rates are as good, if not better, than at exchange desks. In Hong Kong, the most reliable ATMs are HSBC's. Of the Chinese banks, your best bet for ATMs is the Bank of China, which accepts most foreign cards.
Tip: Your own bank and Chinese bank will probably both charge a fee for using ATMs in China. Pin numbers with more than four digits are not recognized at ATMs in many countries.
Credit Cards
American Express, MasterCard, and Visa are accepted at most hotels and a growing number of upscale stores and restaurants, but not in small restaurants or convenience stores. If you plan to use your credit card for cash advances, you'll need to apply for a PIN at least two weeks before your trip.
Tip: An additional 3%-4% bank processing fee will be charged if you use your credit cards for most of your purchases. Also, the amount shown on your credit card receipt is in Chinese Yuan RMB, not in USD. Do not be surprised to see the amount!
Traveler's Checks
Besides the advantage of safety, traveler checks are useful to carry in China because the exchange rate is more favorable than what you get for exchanging cash. Checks from most of the world's leading banks and issuing agencies, such as Thomas Cook, American Express and Citibank, are accepted in China. You can also purchase traveler's checks from the Bank of China. Traveler's checks can be cashed at banks, major hotels. Traveler's checks in denominations of $100 or less are suggested. Your passport is always required when you are cashing traveler's checks. Be sure to keep a copy of the serial numbers of the traveler checks, and the issuing agent's phone number in case you need to report a loss.
Money Wire Transfer
There are several ways to transfer money worldwide to China. Western Union is the most commonly used in China, this service allows instant money transferring to and from over 100 countries. Other transfers can be done through banks or credit cards or Paypal.
China Memory Tour Price Policy
*We quote all of our tours in USD based on a general exchange rate between Chinese Yuan and USD in recent 3 months.
*Make sure to confirm your tour prices with our travel consultant before your purchase.
