How to Use Travelers Cheques in China - 2019
American Express/Travelex/Visa/MasterCard
Updated in 2019 June by real-time-cny.com
In China, Traveler's cheques can be used as cash directly only in a few luxury hotels in Beijing, Shanghai, Guangzhou, Shenzhen. to change cheques into Chinese Yuan(RMB) is the best for travelers. In China, several big banks can change it, include BOC, ICBC, CCB, CMB. For those banks, only some of brnaches can process it which is large branches.
1. BOC - Bank of China
Accept: AmEx, Travelex, MasterCard, Visa etc. 17 companies' cheques.
English hotline service in China: 95566. to inquiry BOC branches which can process cheques in your city.
Exchange Charge for Cheque to Local Currency: 0.75% in base currency.
BOC Exchange Rate: Real Time Exchange Rate
http://www.boc.cn/en/index.html
BOC is the most professional in foreign currency business with most branches in China.
2. ICBC - Industrial and Commercial Bank of China
Accept: AmEx
English hotline service in China: 95588
Exchange Charge for Cheque to Local Currency: 0.75% in base currency.
ICBC Exchange Rate: Real Time Exchange Rate
http://www.icbc.com.cn/ICBC/en/default.htm
3. CCB - China Construction Bank
Accept: AmEx
English hotline service in China: 95533
Exchange Charge for Cheque to Local Currency: 0.75% in base currency.
CCB Exchange Rate: Real Time Exchange Rate
http://en.ccb.com/en/home/indexv3.html
Also, China Merchants Bank, CitiBank China, Bank of Communications can process AmEx cheques.