Which bank has the best exchange rate in Hong Kong?
1. Money Changers in Central District
- Ngau Kee Money Changer. Today-rates.
- Travelex. London-based international foreign exchange company.
- Berlin Company Exchange. Advance reservation is available for amounts above HK$5,000.
- UAE Exchange.
- Shing Kee Money Exchange.
Where can I change Hong Kong dollars?
There are three primary ways you can sell your leftover Hong Kong Dollar; through a banking institution, bureau de change, or an online platform. If you want to land the most beneficial currency exchange deal, you should always opt for an online platform.
Do Hong Kong dollars expire?
The $20, $50, $100, $500 and $1,000 notes are issued by the three note-issuing banks. The 2010 Series and other old series banknotes remain legal tender and will continue to circulate along with the 2018 Series.
Is Hong Kong dollar accepted in China?
Although Hong Kong is officially part of China, it is politically and economically a separate entity and Hong Kong continues to use the Hong Kong dollar as its official currency. Hong Kong is a peninsula located along the southern coast of China.
Does HSBC do foreign currency exchange?
The real-time currency exchange service is available 24/7 via HSBC Online and Mobile Banking for all-in-one integrated accounts and HKD Passbook Savings account except during system maintenance hours and special circumstances.
Do all banks have the same exchange rate?
In order to make a profit, banks and other money changers use different rates for buying and selling currency. The online rates you see are probably mid-rates – half-way between the buying and selling rates.
Can old Hong Kong notes be used?
The 2010 Series and other old series banknotes remain legal tender and will continue to circulate along with the 2018 Series.
How much cash can you take into China?
Travelers are allowed to take up to US$5000 equivalent of foreign currency or 20 000 RMB of local currency in cash in or out of the country. This applies to both foreigners and Chinese nationals. If the amount does not exceed this limit, one will not be required to declare this to customs.