Chinese Currency & Payment

While Chinese currency can be difficult to obtain outside the country, it is increasingly available at airports across Asia, banks in major international cities, and in Hong Kong and Macau. Within China, you can exchange money at international banks, airports, and most hotels, which generally accept all major foreign currencies. All foreign exchange operations are ultimately linked to the Bank of China, and exchange rates are standardized across institutions.

When leaving the country, you will need to present all currency exchange receipts if you wish to convert leftover RMB back to your home currency. Although unofficial exchange markets may offer slightly better rates, they are not recommended, as you risk receiving counterfeit bills. The Hong Kong dollar is freely convertible, widely available outside China, and accepted in most Special Economic Zones in southern China and in Macau.

In Hong Kong, Macau, and other major Chinese cities, ATMs often accept foreign bank cards for cash withdrawals. However, in remote areas, this may not be the case. It's a good idea to check your card issuer’s website for compatible ATM locations. In urban areas, ATMs are commonly found in banks, shopping malls, five-star hotels, and airports. Many machines allow withdrawals at the card’s native exchange rate, though daily limits usually apply.

Most upscale restaurants, hotels, and major stores accept credit cards, though it’s wise to confirm whether international cards are supported before making a purchase. Commonly accepted cards include Mastercard, Visa, JCB, Diners Club, and American Express. Credit cards can also be used to purchase flight tickets at Civil Aviation Administration of China offices and train tickets at designated counters.

Mobile payment apps are an integral part of daily life in China. The two most widely used platforms are Alipay and WeChat Pay.

Alipay

This is a dedicated payment app where you can easily access features like displaying your payment QR code or scanning a merchant's code to pay. You can register with a foreign phone number. A key benefit for international visitors is that Alipay allows payments without extra transaction fees, making it a cost-effective and convenient option.

WeChat Pay

This feature is integrated into WeChat, a multi-purpose app used for messaging, social media, and payments. Almost everyone in China uses WeChat. While it also supports payments, users from certain countries or regions may need assistance from 1-2 existing WeChat users to verify their account during setup. If you are traveling with ChinaTravelVIP, your guide will be happy to help you register and start using your account.