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Wednesday, November 02, 2011

Withdrawing Renminbi using CIMB debit card

I need to use my debit card to withdraw some Renminbis because I have not exchanged my IDR to yuan
Practical travel information on Money and costs in China - Lonely Planet Travel Information
Money
Atms

ATMs (Automated Teller Machines) advertising international bank settlement systems such as GlobalAccess, Cirrus, Maestro Plus and others are common in Hong Kong and Macau. On the mainland, ATMs that take international cards include branches of the Bank of China and the Industrial and Commercial Bank of China, where you can use Visa, MasterCard, Cirrus, Maestro, Plus and American Express (AmEx) to withdraw cash. The network largely applies to sizable towns and cities. Large airports such as Beijing Capital Airport, five-star hotels and some department stores have ATMs. Most other ATMs in China can only be used for withdrawing Renminbi in domestic accounts. The exchange rate on ATM withdrawals is similar to credit cards but there is a maximum daily withdrawal amount. If you plan on staying in China for a long period, it is advisable to open an account at a bank like the Bank of China with a nationwide network of ATMs.

For your nearest ATM, consult the ATM locator on www.international.visa.com/ps or on www.mastercard.com/cardholderservices/atm; both have comprehensive listings. For those without an ATM card or credit card, a PIN-activated Visa TravelMoney card (US 1-877-394 2247) will give you access to predeposited cash through the ATM network.

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