Reply To: Transferring Money from USD to CNY

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#41847
Avatar photoRick in China
Participant

@NWhit
While it appears to have no fee or penalty, I’d be surprised if they didn’t take a small nibble out of the exchange. Banks make tons of money off of forex, even though there are only tiny differences to us on the exchange – I wouldn’t be surprised if their profit is made the same way.. who knows, all you need to know is if you can get your cash to china, get it in your hands, and not have to seemingly pay any fee, then go go go! 😀