Using an ATM in China

Just a few years ago there were next to no ATMs available except at the major airports. Today there are more but still difficult to find sometimes especially in the rural areas or small cities. Make sure your card is acceptable by checking the instructions which are in English on the ATM. You then insert your card and use your password asking for funds in U.S. dollars or your local currency. Out comes Yuan at the bank rate. Be aware there are charges in China as well as your home bank that will be deducted from your account. Keep the receipts as they will be needed to exchange your yuan back into U.S. dollars or your local currency at the airports when you leave. Actually China still accepts American Express travelers checks which get the best rate of exchange as well as a very low charge at most hotels in the major cities that you will be staying. It is more of a convenience service by the hotels for their guests. You will need to show your passport to make an exchange at the hotel or any major department store too for large purchases. For more information contact me at