Answered by John
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May. 31, 2021 13:19
Thank you for your reply, Tyler.
Do you know whether they are charging anything for the extra money you're bringing with you into the country - a fee of some sort, duty, or something like that?
I will have to pay for a semester at a language school 4 months & travel afterward. Five thousand dollars would never allow me to even get through the semester of school - tuition, rent, food, etc..., not to mention travel the country afterwards, & I don't want to keep it on a card 'cause I heard so many stories about the problems with international payments, charges for it that banks impose, cards get "stuck", stop working, & it's a nightmare to fix the issues with your bank in U.S. from overseas, over the phone.
I prefer to just bring enough cash with me, pay a duty, 'cause I don't have a job, or residency, in China, and they wouldn't open an account for me there, due to the new laws on foreigners opening bank accounts.
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What do you think? Is there a solution to it? I'd rather pay some duty on the money, if I had to - I would be paying extra fees for international transactions to my bank here, in U.S., anyway. (And they charge you well!) I might just pay the duty at the border, in China, and have a peace of mind. What do you think?
Thank you very much for any help.
Regards
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