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#8 Re: How can you get money out of China?
05-13-2015, 10:23 PM
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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