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Asked by Mr.Sachin from India | Jun. 14, 2009 10:20
About:Chinese Currency & Money Exchange

Dear Sir/Madam,
I am travelling to China in next couple of weeks(on Student Visa). Since I need to pay my tution fees and other expenses, I have to carry required amount. Please let me know :
1. Maximum Dollars allowed.
2. Maximum Travellers Cheques that I can carry.

Do let me know if I need to declare amount at customs.

Thanks,
Sachin

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Answers (1)
Answered by Mr.yina from China | Jun. 14, 2009 20:56
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Hi, the maximum dollars allowed is 5000. If you are going to take more than 5000 Dollars, you need to apply a permit for carrying foreign excahnges. When you enter China, you are required to declare it and show the permit to China customs. There is no limitation on travellers cheques. Besides, you can take credit card or transfer the money to your school in advance.
By the way, welcome to China
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