How can I avoid the 60 RMB commission at Pudong Airport exchange?

How can I avoid the 60 RMB commission at Pudong Airport exchange? - Numbers on Monitor

I exchanged my JPY at Pudong Airport for RMB, but the exchange counter charged me an eye-whooping 60 RMB commission for one transaction. It is ridiculous by my standards, and it was not the case in Hong Kong. How can I avoid the 60 RMB commission at Pudong Airport exchange? What are an alternative to get RMB? I assume an exchange amount is somewhere around 500 to 2000 RMB.

But banks in your home country don't get you the good conversion rate, either. The travel guide encourages you to exchange at hotel, but I'm not sure how they rate it nor whether they charge you.


UPDATE

I want to convert my JPY for RMB and I visit Shanghai from Tokyo. I don't have any credit card to withdraw from ATM. My point is that I want to exchange my JPY for RMB, but while I usually exchange my money at the destination airport, the exchange counter at Pudong airport costs too much in China/Shanghai's case, so I want to know an alternative.



Best Answer

If you don't like to pay the eye-whooping transaction fee, it might be better, if not the best, to exchange it at the local bank once you gets to the city.

And in case you must have some money before getting to the bank, you shall exchange a small amount of your cash at the departure airport. This is likely to make you exchange at a bad rate, but still, it is better than the huge exorbitant transaction cost. Especially in China, you cannot use a credit card to take a taxi.

I got through my second trip to Shanghai in this way.




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