Sberbank Commission for removal in China. In Beijing, there is a large number of bank branches and ATMs, but not all of them receive cards of foreign guests. Take a map of UnionPay

When you are in China, it is very often a need to remove cash. But how to do it with the smallest losses on interest rate? How to make money from a card, paper, where can I make a translation via the Internet? In which ATMs can you get your cash? We offer you the most acceptable and proven ways to get their financial means In banks and with plastic cards.

How to rent money in an ATM in China? There are a large number of ATMs in Beijing. However, not all of them take our cards to cash out.

• Bank of China. Please note that you need bank of China State ATMs. They take minimum percentage. These ATMs are in high demand. Here often draws queues from foreign citizens. A typical situation when tape or banknotes ends in them. And be patient. Recognition of Russian plastic cards takes quite a long time.
  If the Bank indicates that the operation is rejected that you need to contact the bank that released the card, do not waste. Nothing critical happened. This phrase suggests that there is no connection to the system russian Bank Or Internet communication is disabled. Repeat an attempt on another device or on this after some time.
• Merchants bank. This bank Maintains service of Russian customers. In addition, he posted an ATM on the streets of the city. Operations here are made much faster than government devices. Bank less often issues failure. However, ATMs are on impassable streets. These are not the central zones of the city. The percentage here is higher than that of Bank of China.
• Industrial and commercial bank of china. Industrial bankwhich also works with Visa cards. ATMs work stably. Give the bills almost instantly. However, these devices are highly popular, so you may have to stand for some time in the queue.
• HSBC and CITYBANK. These ATMs can be seen very rarely on the streets of the city. However, if you are lucky enough to meet them all the way, you can rent money from the card here.
  The rest of the ATMs do not work with foreign guest cards.

All country ATMs operate in two languages: Chinese and English. Some immediately offer to choose a user-friendly language. Then in the menu you choose English. On other broadcasts are made in parallel. On the one hand, English, on the other - Chinese. Select the keys that are on the side of the English version. Then you will be easier to navigate.

Do you decide how to make money from a Sberbank card in China? Since 2010 this question was resolved in the country. Offers of Sberbank are open here. However, ATMs are only in offices. Here you can make money from the card, get cash through the operator. Also, using the Internet Bank, you can translate cash from one account to another.
On the streets, ATMs are not located. Banks are located only in the major cities of the country: Beijing, Shanghai or Guangzhou directly in the departments. If you have a Visa card, you can make money in any of the ATMs listed earlier. In this case, there is no division to the name of the bank. However, with a smaller percentage, you can take money only in the direct office of China.

Money is the cornerstone of any stay in China: from visiting with tourist purposes before doing business.

As China is separate world With your rules and nuances, we will tell about all the moments related to money: what money is better to fly to China, how and where to exchange, how and where it is more convenient to pay and much more!

Therefore, if you have gathered to visit China, for example, the Cantonese Fair, or are going to continuously work with Chinese suppliers and sellers - this information is accurately useful.

1 Cash in China (Dollars, Euro, Rubles)

Everything is very simple here - no currencies, strictly yuan (RMB), of course, on the mainland China, and in Macao and Hong Kong their money and we will tell us separately.

Therefore, in front of you only 2 options:

1. Buy yuan to departure to China (in any of the banks that sell yuan)
2. Fly in China with cash in currency

Option 1: We studied in detail this question and came to the conclusion that buying yuan in the banks of Russia is not a very good idea - trite, very bad course.

Option 2: Of the 3 main currencies - rubles, dollars and euros, it is best to fly with dollars, as they are the most running and desired in exchange from the Chinese.
(Euro and rubles can also be exchanged, but dollars are more liquid.)

The main minus of cash in China: there is a danger that the fake yuan may slip on the surrender, the most frequent cases of fraud in this regard - passing in a taxi (fake yuan in China -)

To avoid problems with fakes, it is better to have at hand or.

2 Cash exchange for yuan

In China, you can exchange currency 4 ways:

- exchange in banks

Most likely, this is the very first way that will come to your mind. But here there are 1 nuance - Chinese bureaucracy.

We specifically segmented the time that we need to exchange a couple of hundreds of American dollars. If you are standing, it is better to sit down: 1 hour 17 minutes. (Bank employee precisely so much time filled different documents)
- Quick, yes?

Our Russian bureaucratic procedures are simply nonsense, in comparison with those that exist in China for currency exchange for foreigners.

Of course, there are banks where money will change faster, but still it will not be 5-10 minutes, but much longer.

+ Main plus: There are a lot of banks, with the search for the exchange there will be no problems.
- the main minus: a very long time.

- Exchange in exchanges

Ordinary exchangers like us, in Russia.
Come - Give money and get the equivalent in the yuan at the rate.

Most important moment: Carefully recalculate the amount received. Cases where it would be specifically like to calculate - we have not been noticed, but you always need to recalculate!

+ Main plus: fast exchange:
- the main minus: Find such exchangers is not so easy.

- exchange in the markets

The essence is in what, just ask the seller in the Change Money market? And if the seller agrees, then simply change "from the hands."

At the same time, the Chinese can ask to go inside the trading point or to close you with their body from the passage so that you can not be seen. Because they can fly for such operations.

As a rule, the police on this closes his eyes if it comes to small sums (A couple of hundred dollars). Well, of course, the sellers laid a little benefit to the exchange rate, but how otherwise.

+ Main plus: Easy to find where to exchange:
- the main minus: Not a legal operation.

- Exchange in cargo delivery

If you have your representative in China - go to his office and change without any problems at the good rate that the amount you need.

If you still do not have a representative - you can go to any cargo delivery office on the streets of Gianshan Lu or Lihua Lu and you will exchange currency without any problems.

+ Main plus: The best exchange rate + complimentary tea:
- the main minus: Everyone will offer their delivery services (we also 😉).

3 Plastic cards in China - Sberbank, Alpha Bank, Tinkov, etc.:

Conventional Viza / MasterCard plastic cards can only be used to remove cash, and the ATMs give out yuan, and your bank writes off from your account rubles.

You can't pay something directly from the card, since the places in which they accept payment from Visa and MasterCard cards is extremely small. (They are, for example, Chievond Amusement Park). Therefore, it is easier to believe that there are no such places and immediately remove the desired amount of money so as not to get into the awkward situation.

Plastic cards What banks work in China (for money):

• sberbank cards - work without problems;
• alpha Bank cards - work without problems;
• tinkoff cards work without problems.

Well, with very high probability All maps of large Russian banks work without any problems.

Work in all ATMs, where there is a Visa / MasterCard icon. ATMs of Sberbank or ATMs who work in partnership with Sberbank in China no.

When removing the money from the ruble account, there is a 2nd conversion - that is, it immediately changes your rubles to dollars, and then dollars on yuan.

Commission when removing money from Sberbank cards 1% (min. 100 rubles / 3 USD / 3 EUR)

An important point is since Visa takes an additional commission when removing the yuan, it is more profitable to shoot Yuan from MasterCard cards!

Alpha Bank maps in China

Work in all ATMs, where there is a Visa / MasterCard icon. Alfa-Bank ATMs or ATMs that work in partnership with Alphabank in China.

Inside the alpha-click application, you cannot open the score in the yuan and convert rubles to Yuan.

Tinkoff Bank cards in China

Work in all ATMs, where there is a Visa / MasterCard icon, as well as, when removing up to 20,000 yuan per month (~ 200 000 rubles) there is no commission. (But you need to shoot for at least 400 yuan ~ 4000 rubles)

But, if 20,000 yuan is exceeded, then there will be 2% commission 😨.

⚠️ Important! Tinkova has the opportunity to open an account in the yuan and avoid double conversion of the Ruble-Dollar-Yuan (as in Sberbank and Alpha Bank), and simply from its ruble account to translate rubles to Yuan.

But, there is another 1 manipulation that you need to not forget to do is, before removing money with a debit card Tinkoff, be sure to make an account in the yuan as the mainOtherwise, if the main scan will remain the main account - you will shoot yuan with a double conversion 🤦♂️.

In which bank is more profitable yuan rate:

For the purity of the experiment, we shot money from debit cards 3 banks - Sberbank (Visa and Mastercard), Alfa-Bank (Visa), Tinkoff (MasterCard).
Results (1 yuan to ruble taking into account the bank's commission):
1) Tinkoff - 9,41
2) Sberbank (MasterCard) - 9,85
3) AlfaBank - 9,88
4) Sberbank (VISA) - 9,92

⚠️ But, this is true if removal up to 20,000 yuan per month. If, conditionally, you will shoot 500,000 rubles. per month, Tinkoff will be the most unprofitable, so it after 200,000 rubles, will take 2% commission from 300,000 rubles, but Sberbank and Alpha Bank will take 1% commission regardless of the amount.

By the way, we also specified the exchange rate of the ruble-yuan from the Chinese-changed on the True / South Gate, and he was at this point 9,85 .

Conclusions:
1) . If you live in China or temporarily stay and do not plan to shoot more than 20,000 yuan per month from Russian bank cards, it is definitely the most the best way - It is to have debit card Tinkoff.
2) \u003e 20 000 RMB. If you will shoot more than 20,000 yuan per month, it is better to use the card of your bank (most likely you will have a Sberbank card, but if another, you most likely there will be the exchange rates of Yuan + - the same, and it makes no sense to bother with Release other cards).

4 Plastic Cards UnionPay Russian Banks

We tested by Unionpay Map of Russian Bank Lightbank (Lightbank).
In essence, any other maps of UnionPay from Russian banks are not much different from each other.

+ Pluses of Russian cards UnionPay:

1. The Commission for Eating Money from ATMs is less than that of the debit and credit cards Viza / MasterCard (the benefit of 8 kopecks from 1 yuan, that is, from 1 million rubles the benefit of ~ 8000 rubles.)
2. Accepted in Chinese payment terminals

- Minuses of Russian maps UnionPay:

1. The places where UnionPay cards are accepted in China are official stores and other trading cents (for payment in markets and suppliers for goods these cards are useless.)
2. These cards can not be tied to WECHAT PAY and Alipay

Our conclusion: Yes, Macau and Hong Kong is also China, but with its own features 😎 course 1 Pataka Macau ~ 8 rubles.

If you enter in Macau from China, then in transitionals without any problems will exchange chinese yuan. on Pataka Macau.

Hong Kong money:

Currency is called " Hong Kong dollar».
HKD designation


Course 1 Hong Kong Dollar ~ 8 rub.
If you are not our client - do not be afraid to contact us, we do not refuse anyone in the councils.
In general, if you want to continue to work with China or is here on other issues, the best solution for money problems is and a bunch of this card with wallets and.

A Chinese card without problems is configured to WECHAT and Alipay wallets, the money on this card is displayed from these wallets, moreover, the commission is 0.01% (to what Mao brought the country).

We hope that you could tell useful information About money in China.
If you have any questions, write in the comments or through the form and we will answer you!

The Chinese currency is indicated - "RMB" - Rén Mín Bì. The full name of China's money currency - Guenminbythat literally denotes "folk money." Cash currency issued People's Bank China.
The main unit of China's currency is yuan (元 ) .
Hieroglyph, which denotes Yuan draws like this: 元 - read also - yuán
One yuan is divided into 10 Jiao (角) - Jao, and one JIAO is 10 fen (分).
1 yuan \u003d 10 jiao
1 jiao \u003d 10 fen

Russian banks willingly change rubles to Yuan. Therefore, before traveling to China, you can take care of the exchange of rubles to Yuan in advance. Today, the rate of yuan in relation to the ruble is holding about 9-10 rubles for 1 yuan. More for example, you can find out in the attached currency converter:

Where you can change dollars, euros, rubles on yuan

On a trip to China, it is better to immediately take Yuan. Only large Beijing hotels, Shanghai and some other large cities take MasterCard and Visa bank cards. These cards are accepted in some major supermarkets.

Foreign currency I. traveler's checks Can be exchanged at Beijing Airport, large branches of the Bank of China, industrial bank CITIC, kiosks with monetary transfers, large department stores, such as a friendship store. Many hotels also offer currency exchange services. The main currency that you can change in China's banks is the euro and dollars. China's banks almost do not take Russian rubles.
Several times I changed dollars in the branches of China's banks - the only negative - you have to fill out forms in English. And necessarily a passport. Bank employees carefully check the dollars that you provide them for exchanging. Rubles are not very profitable to change in China's banks; They have their own exchange rate on Yuan.

As of 2019, the exchange of dollars and the euro has become a more problematic procedure in China. Today, not all banks agree to exchange money from foreign tourists. More carefully check the exchange of cash bills.
Himself in China food already with a certain margin of yuan and dollar. Rubles in China are not happy, and at a very unfavorable course. (On the main (street) large markets of Beijing, you can exchange rubles on yuan, but it will be very unprofitable. But when it is not enough Yuan - sometimes you have to change).
China's banking system adopts international world maps, such as Visa. and Mastercard Except for Momentum card. If you are going to an independent trip to China, you can take on a trip to China bank cards of Russian banks, as a backup option for removing money in ATMs and settlements in Duty Free stores. It can be both debit and credit card. These cards are international and you can pay with their help only in large stores, supermarkets and international hotels in China. In the overwhelming majority of Visa and MasterCard cards are not accepted in the shops and hotels of China. Bank cards can be used to buy tickets on the websites of Chinese Avtakompany.

Using bank cards on the island of Hainan

On the island of Hainan, Visa and MasterCard bank cards are not accepted almost anywhere. In this, I was convinced myself again after the trip to the island in early 2019. Basic payment unionpay system. Payment by S. using apple Pay I. Samsung Pay. You will also not be able to produce.

Here it is possible only in some ATMs to remove cash with bank card (Commission from 10% for removal, but not less than 15 yuan). If you eat on Hainan - take with you yuan from Russia. In Russian banks, you can easily change rubles, dollars, euros in yuan. The exchange of euro and dollars on the island of Hainan is also not very easy to produce.

Commission for the use of bank cards in China

As I already denoted above, international bank cards are not very common now in China. Only in the hotels of the international level and major supermarkets Beijing, Shanghai and some other major cities. Dute Free Beijing stores take Visa and Mastercard cards.

Commission for the use of bank cards (MasterCard, Visa) with a non-cash calculation abroad (calculation in the cards of the card, hotels, etc.) is missing. When traveling abroad, your bank card account does not have to be in the euro and dollars. This can a regular ruble card, which you use in everyday calculations in Russia. Some tourists take a map Momentum.- This card is not suitable for travel calculations abroad.
When using a bank card abroad, tourists are afraid that it will additionally be a big percentage for using the card.
Here I will say that only a small commission for carrying out the currency of your card will be present. cash currency Stay countries (with the exception of EUR and USD). It is so minimal commission that you can not pay attention to it. At the same time, the Commission for converting EUR and USD is completely absent.
For example, your bank card ruble. The calculation takes place in the yuan. Then, when buying a item, the minimum commission will be taken (approximately 0.2-0.5%, depends on the bank and the amount) for the interbank conversion of yuan to dollars (at the rate of the Central Bank of the Russian Federation).
For the conversion of dollars in rubles (and on the contrary) the Commission is not taken. Therefore, it is very convenient to use Mastercard bank cards, Visa in Dute Free stores, where prices are in euro and dollars. There will be no commission at all, even minimal.
All of the foregoing, as a rule, also applies to the credit card.
To calculate the amount of the Commission, I will give a small excerpt from sberbank tariffs:
If there is time and desire, you can calculate how much the Commission will cost you when buying in the yuan, but I assure you - the amount is very small.

Click to enlarge

Removing money in China ATMs

It is quite another thing if you try to make money from the card at an ATM in China. Then you will have a significant commission that depends on the size of the amount being taken (as a rule, it is 10% of the amount being taken, but not less than 15 yuan).

For example, in China, you remove 5,000 rubles from the card (in ATM, the amount will be indicated in the yuan) - the Commission will be 500 rubles. ATM will give money in the yuan; You will receive approximately 500 yuan, and the Commission will be rated additionally from the card account - another 15 yuan.

If you take off the amount of 100 yuan, which is equivalent to 1000 rubles, the Commission will be 15 yuan (150 rubles), and they also spike separately from the card account.
All more detailed information on tariffs, additional commissions you can learn in the bank, issued to you a bank card, on the bank's website or on the hotline of your bank.

Remove the restriction from the card before traveling abroad

Before the trip, ask the hotline of the bank in advance, who issued you the map, is there any restrictions on the use of your card in a particular country. For example, there are such restrictions Visa. and Mastercard Sberbank, Gazprombank, Tinkoff. It is established for security purposes. By default - the country of action of your card is Russia. If you do not remove the restriction from the card, then you will not be able to use the card abroad, even when removing cash. IN best case The Bank will refuse to issue money, and can immediately block your card.

Therefore, a few days before the trip on a trip to China or another foreign country You must call on hot line Sberbank (or another bank who issued you a map) and ask to remove the restriction on the use of a map in the country where you decide to go. The restriction is removed only for the trip.
Lovely

By traveling on a trip to China, a bank card selection can be a relevant issue. How to save money when removing money in China? How will pay in the store if there is no terminal with the Visa logo, MasterCard? Well, how not to overpay when removing money in an ATM?

To date, each bank offers to release bank cards of various payment systems. And the spectrum of choice is huge, the status of cards is also very wide. But let's understand what we will carry losses when using cards and what are the inconvenience. So, what map to take in China?

Take with me in the PRC card Visa or MasterCard

Let's consider an example - card Sberbank . I can say that this is the most "dear" bank card in terms of removing money in the ATMs of the Chinese Bank. Not in the sense of annual service, and in the sense of the use of the map abroad, in particular, here :) in the Middle Kingdom. So, on my own experience I can say that you are not so cheaply to shoot money, as Sberbank managers assisted us. Why is that?

First. The course of the Central Bank from the course of sale is very different, of course towards the increase, i.e. The bank converts the currency at the rate of sale, since Visa is an American payment system, the transaction takes place in dollars, again at the rate of sale.

Second. Sberbank takes a commission, although this does not advertise. To find out which commission for removing money, you need to order an extract to your email address, then you will definitely see all the movements in the account. In Sberbank online, not all data is displayed.

More minuses. You can make money you can in any bank of China, but pay the purchase in the store will be a big problem. Not all sellers take visa cards or MasterCard. Of course, if you are in a large mall Or in a specialized store for foreigners, there will be no problems, but there are also relevant prices, in such places is all expensive. Ordinary, ordinary Chinese store with low pricesHowever, it is not regrettable, does not accept Visa or MasterCard cards. Again, it all depends into what city you are.

Conclusion: Despite the fact that the usual map of the visa or mastercard for foreigners are international cards, they are not comfortable in China. In most cases, we can only withdraw cash in an ATM, pay the purchase in the usual Chinese store will be problematic.

Take a map of UnionPay

By the way, it is very joying that now in Russia you can issue a map of the National Payment System of China UnionPay. The card "releases" MTS Bank, a card can be issued with dollar, Russian account or account in euros. Status can also be different. "Instant" - is issued within 15 minutes, no chip, no owner name, and you can also release a "Classic" map, "Platinum", "Gold".

Removing money in an ATM will not cost without commission, as a rule, it is 1% -3%. In addition to MTS Bank, the Commission takes a bank in which money is removed.

But the big advantage of UnionPay card is that anyone, yes, yes, even the smallest store, a small shop in China will take this card to pay.

To the advantages I can still say that the finished service of this card is, regardless of the status, it will cost its owner just 300 rubles.

Yes, and still, upon arrival in China, arrange and get a map of UnionPay in any bank of China How to do this I described in this post.

Take a corn map from Euroset.

Separately, I would like to pay attention to this map. "Corn" is a premium level map, opens access to additional shares Programs "Corn" and MasterCard, allows for accumulating 1.5% of the amount of purchases around the world in the form of bonuses.

In addition, the minimum commission when removing money is only 1%.

If you need to make money when traveling to the PRC, then you are most profitable to remove from the corn card. Make only namable masterCard map WORLD, the usual one cannot use for these purposes abroad.

For example, Sberbank is calculated at the exchange rate of the currency plus another expense article - the percentage of removal of money. As a result, it turns out an expensive decree of yuan. Since the Issuer of Corn Map is not banking credit organisationThe calculation is carried out at the rate of the Central Bank.

In numbers it is like this:

Sberbank Removal Course - 9.6 rubles for 1 yuan, corn (including commission) - 9.1 rubles. For 1 yuan.

As you can see the difference is, although small, but there is.

So, remove money in an ATM with minimal losses from corn card, make purchases with UnionPay card.

The necessary applications on the smartphone in China. If you are going to go to the PRC, then here without them :-)