Since exchange of RMB is still under control, you may not be able to get RMB out of China.
We suggest you change some money into RMB cash on your arrival at the airport. Only for the daily cost for the first days, several hundreds of RMB is reasonable. Carrying a large number of cash is also a hidden risk to your safety.
Many bank outlets in Hangzhou provide foreign currency exchange service. You can change your money into RMB conveniently.
It is strongly suggested that students not go to the place unauthorized to change money. You will risk the possibility of forged notes at these places not eligible to exchange.
Banking services are provided by the following banks:
Bank of China
Address: at the cross of No. 6 Avenue and No. 3 Road
Telephone: 86722327
Industrial and Commercial Bank of China
Address: at the cross of No. 6 Avenue and No. 5 Road
Telephone: 86837850
Agricultural Bank of China (West Union)
Address: No. 3 Road
Telephone: 86837850
City Bank Hangzhou Branch
ATM: shop No. 1 Jiade Plaza, No. 118 Qingchun Road, Hangzhou China (telephone: 87229191)
(Working hours: Monday to Friday: 9:00-4:30, Saturday 10:00-3:00)
