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  1. #8 Re: How can you get money out of China? 
    foreign China moto dude bikerdoc's Avatar
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    Quote Originally Posted by ZMC888 View Post
    I was investigating myself. For me the best way actually seems to just give a Unionpay debit card from a Chinese accont to a trusted relative back home. Unionpay cards since 2013 are accepted at all 'Link' ATMs in the UK and there are thousands of those everywhere, the transaction fees seem low and the exchange rates seem fair. Then my trusted relative can simply keep the cash to spend for themselves and pay credit into my UK account.

    I'd rather there was away to do everything myself and not involve anyone else..but that seems impossible.
    FWIW any UnionPay ATM banking card can be used at participating overseas banks / ATMs - not just 'debit cards'.

    When I have been abroad in Thailand, OZ & NZ I've used my UnionPay ATM cards at different banks where the UnionPay logo appeared, to withdraw funds. There are daily limits though e.g. NZD500 /day at participating NZ banks. The daily limit is set by the Chinese bank, and not the overseas bank as I checked when I was last in NZ with the BNZ - who advised that the daily limit was set by Ch!nese side not NZ. I take 4 different Ch!nese banking ATM cards and simply withdraw the daily maximum on each card/account... soon adds up over a month or three

    Fees appear to be quite low too.

    I have also taken out 100K kaui a couple of times. Declared it at the arriving airport, but can't recall if I've ever declared to the PRC Customs on departure.
    Last edited by bikerdoc; 05-14-2015 at 06:13 AM.
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