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June 30, 2008

RMB Freely Bought and Sold on Taiwan as of Today

"就是今天,台灣本島都可自由兌換人民幣了,估計各銀行備妥五億以上人民幣等著給民眾換。根據規定,買賣人民幣跟其他外幣一樣,只要帶著身分證、護照等身份證明文件即可,但每人每次仍有兩萬元人民幣的上限。不過,開放初期受限於貨源,部分分行可能只買不賣,民眾前往銀行結匯前,不妨先打個電話問清楚,免得白跑一趟。"

[Editor's Translation: Today, the RMB is freely convertible throughout Taiwan, and it is estimated that banks have prepared 500 million RMB for that purpose. Regulations make NT-RMB conversion the same as conversion with other foreign currencies, requiring only an ID, passport or similar documentation of identity. with 20,000 RMB at most converted in any one transaction. However, because of the limited supply at first, some bank branches may only be buying and not selling at this time. Customers should call ahead for availablity before traveling to their branch.]

Read more here and here. [In Chinese.}

Posted by Richard on June 30, 2008 6:14 PM

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