christine <christinefrench05@yahoo.com.au> -- 27 April 2005

Hi,

Would anyone know how to send an RMB salary (paid in cash) to an bank account in Australia?

I have been told that I could do an on-line transfer if I open an account with an international bank in China, but haven't found one yet.

The only option to send money overseas from where I live, is to transfer funds to a friend through Western Union, but they only accept US$.

I hope someone can help as I need to find a solution asap. Thanks a lot

Christine

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Maybe you can't - ESL discussion
Dos -- 27 April 2005

I thought that RMB was a 'closed' currency (not the correct term probably). I don't think you are allowed to take it out of the country.

Mind you, I also vaguely remember some country/ies (maybe it was Hong kong, which doesn't really count of course) being given the green light to exchange RMB, so maybe this has changed.

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money transfers - ESL discussion
Jeremy -- 27 April 2005

I have been trying to research this as well. Coming from Canada and going to Taiwan to teach, Im wondering how I can transfer money to help pay off a huge student loan debt. Can anyone with information on this plz send in some do's and dont's regarding this or re-direct me to someone who might know

Thanks

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I also have a Q about transfering money
RhenoThai -- 28 April 2005

I am closing my bank account in Thailand and am transfering money to Korea. What's the best way to do this without lugging around 8K USD in Korea or wiring it back to the states? AE Traveler's checks?

Thanks

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Cannot. However...
Chaz -- 28 April 2005

I do believe there are Western Union wires you can now do from China Post offices throughout the country. You'll probably lose a little from the exchange transaction, but it's better than nothing and a huge wad-o-RMB!

Good Luck,
Chaz

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rmb transfer - ESL discussion
christine <christinefrench05@yahoo.com.au> -- 2 May 2005

Hi again,

Yes, you can transfer money through Western Union, but have to pay in $US (none here) and can' t open an account with them.

It's possible to open an account with Bank of China from which to transfer 5000rmb+ after all, someone does it regularly. Will ask a teacher to check again with the local banks, and will let you know if I hear of anything else.

Cheers

Christine