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Thread: Keeping money in China
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[quote=APAULT,294836]There is no problem keeping money in China as such. Be aware that a foreign currency account might only be accessible in the province you opened it - I was caught out on this. My experience is a little differnt from TomS's. There is a heap of paperwork for foreigners converting RMB to foreign currency. At my last attempt the bank 'requested' I got a local to do the transaction on their id so as to reduce the bank's paperwork (they basically refused to do it!)[/quote]
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