how do i exchange my rmb into zar?

Question

I have RMB and I will be leaving China to go back home to South Africa. I have to exchange my RMB money earned from teaching as a foreign teacher in China into South African Rand. What would be the best way to exchange my money and is there a limit on how much I can exchange at a time? I have tried looking on the internet for a solution but couldn't find any real help. I will have about 25000RMB and I need too exchange it to ZAR. Please contact me with any solutions you might have.

Ella · Answer

Hi, I suggest you go to a large branch of Bank of China to exchange RMB to ZAR. Generally, 20,000 RMB can be exchanged every day. If it does not work, you can go to the Bank of China to change RMB to USD first. Then going back to your counrty to exchange it to ZAR. Well, USD can be exchanged at most 5,000 USD from RMB, so you'd better par attention to the exchange rate.

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How do I exchange my RMB into ZAR?