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Thread: Money in China
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[quote=BARONTWANGLE,270534]One thing to watch out for when drawing money from ATM's in China, is receiving fake money. No, I didn't think it was possible either, until I got a dodgy note from the Bank Of China. After doing some research, I found out this is not a rare occurrence. The bank will ferociously deny it of course, so here is what you need to do (or at least what you are supposed to do!). When you withdraw money from an ATM, you will only be given 100 Yuan notes. Take them from the machine, but do not move away from it. You should inspect all the notes carefully in full view of the security camera and waiting thieves. If you discover you have a dodgy one (trust me, the one I got fooled even Chinese retail people, and I still can't tell the difference), then you should call the police without moving from your position. As soon as you move away from the ATM, you stand no chance of anyone believing you didn't do the switcharoo. You must stay there (even though there may be a long line of impatient people behind you) and wait until the police come. Do not try to contact the bank staff, as they are the ones putting the fake money in the ATM in the first place. They will just confiscate it, and you will lose your money (or if you returned the following day, you could probably withdraw the same note again!). This is the official advice from the police, but as you will probably see, totally impractical. Basically, if you get a duff note - your loss. The best you can do is try to pass it on to blind shopkeeper, at night, during a power cut. Good luck.[/quote]
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