Comment on Reasons to Open a Chinese Bank AccountparentComments−sorenbs15ysee http://www.bocusa.com/portal/Info?id=649&lang=1&;Can I buy and sell RMB from/to your bank?Yes, you can exchange USD for RMB or exchange RMB for USD at our bank.−grok215yThanks for the link. Didn't realise that they are allowing you to buy the Yuan and the account is actually in Yuan (though you deposit in USD -- conversion at the time of deposit).
Comments
see http://www.bocusa.com/portal/Info?id=649&lang=1&;
Can I buy and sell RMB from/to your bank?
Yes, you can exchange USD for RMB or exchange RMB for USD at our bank.
Thanks for the link. Didn't realise that they are allowing you to buy the Yuan and the account is actually in Yuan (though you deposit in USD -- conversion at the time of deposit).