New Reply

Post a Reply

Thread: using Chinese ATM using cirrus & masestro

Title: (100 characters at most)

Content: ( 3,000 characters at most, please )

You can add emoticons below to your post by clicking them.

[quote=BTHERL,280095]In Singapore, you simply cannot withdraw from another bank's atm.  Eg, you cannot withdraw funds from your HSBC singapore account from a DBS atm in singapore.  But you CAN withdraw from your HSBC account in any other country from the same ATM, through Cirrus.  I guess it's because of the fierce competition here.

Anyway, back to the topic .. we recently went to china and withdrew from an ATM in Shenzhen near the HK train station (Lo Wu I think it's called).  The bank's name was three capital letters starting with R, but I don't remember exactly what.  The withdrawal limit was 2500 yuan.  We withdrew 2000 yuan and got an exchange rate of just below 5 yuan to $1 singapore.  Including the $5 fee, the rate was around 4.9

Our tour guide offered us yuan for 4.8 .. not as big a commission as the money changers in HK asked.  Those HK money changers are so bold!  Even including 20% commission in the rates in the tourist traps.  Luckily the banks in HK give great rates.  And the changer on The Peak also charges very low commission.[/quote]

characters left

Name:

Get a new code