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  #5446  
Old 22-01-2017, 11:51 AM
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Re: Chinese RMB rates..

Quote:
Originally Posted by datou View Post
I hv several accts, bro. Cause i live there.
I see no point to keep Sgd, bank interest so low.
China at least hv 3% FD.
good bro, you have more fun there hehe. SGD really a weak $$$ during windy time
  #5447  
Old 04-02-2017, 09:32 AM
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Re: Chinese RMB rates..

Hi all bros

GONG XI FA CAI!!!

i was wondering - is there a monetary limit for a singaporean to transfer money into a chinese account?

I tried transfering 10k sgd to china but the tt shop ask me for invoice.

also is there a monthly limit to transfer by a singaporean to a china account?

thanks in advance
  #5448  
Old 05-02-2017, 08:02 PM
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Re: Chinese RMB rates..

Quote:
Originally Posted by dry_gin View Post
i was wondering - is there a monetary limit for a singaporean to transfer money into a chinese account?

I tried transfering 10k sgd to china but the tt shop ask me for invoice.

also is there a monthly limit to transfer by a singaporean to a china account?
Funds inflow to China no limit.
China government lagi happy you remit more money into China.
They only control capital outflow.

Due to MAS regulations if above S$5000 remittance company will ask for your NRIC and reason for remittance.
Big amount use bank TT instead.

If you die die want to use remittance companies to transfer funds.
Break up the amount and remit on different days.
  #5449  
Old 03-03-2017, 10:50 PM
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Re: Chinese RMB rates..

today @ppl exchange rate 4.88, quite good rate
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  #5450  
Old 11-03-2017, 11:46 AM
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Re: Chinese RMB rates..

yesterday night @PPC TT rate 4.97, good rate
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  #5451  
Old 11-03-2017, 12:23 PM
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Re: Chinese RMB rates..

Quote:
Originally Posted by reading View Post
today @ppl exchange rate 4.88, quite good rate
Nowadays if cash exchange rate is 4.9 is considered very good liao.
Mai tu liao if you see this level.

Also inflation is very high since the beginning of 2017.
Those doing business or source materials from China take note.
Cost of raw supplies and food have went up!
  #5452  
Old 21-03-2017, 01:05 PM
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Re: Chinese RMB rates..

Jurong Point 21/Mar/17 11am $100 = RMB$490.00 TT RMB$500.00
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  #5453  
Old 21-03-2017, 05:49 PM
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Re: Chinese RMB rates..

Quote:
Originally Posted by FatMan View Post
Jurong Point 21/Mar/17 11am $100 = RMB$490.00 TT RMB$500.00
Thanks bro, finally can see 5.0 in TT

Hope can see exchange rate in 5 soon
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  #5454  
Old 24-03-2017, 12:11 PM
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Re: Chinese RMB rates..

Jurong Point 24/Mar/17 12pm $100 = RMB$491.00 TT RMB$498.00
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  #5455  
Old 30-03-2017, 04:09 AM
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Re: Chinese RMB rates..

Jurong Point 29/Mar/17 9pm $100 = RMB$492.00 TT RMB$500.00
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  #5456  
Old 05-05-2017, 12:52 PM
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Re: Chinese RMB rates..

J8 Money changer - 4.95 last night
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Last edited by lacoruna69; 05-05-2017 at 01:34 PM.
  #5457  
Old 05-05-2017, 02:43 PM
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Re: Chinese RMB rates..

just TT to my China bank account on Tue was 4.9, a bit lower than last mth 4.92.
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  #5458  
Old 05-05-2017, 02:45 PM
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Re: Chinese RMB rates..

Quote:
Originally Posted by TonyCheong2 View Post
Funds inflow to China no limit.
China government lagi happy you remit more money into China.
They only control capital outflow.

Due to MAS regulations if above S$5000 remittance company will ask for your NRIC and reason for remittance.
Big amount use bank TT instead.

If you die die want to use remittance companies to transfer funds.
Break up the amount and remit on different days.
yes, they need pay slip too, as I TT twice in a mth.
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  #5459  
Old 06-05-2017, 10:26 AM
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Re: Chinese RMB rates..

Quote:
Originally Posted by lacoruna69 View Post
J8 Money changer - 4.95 last night
thanks bro, time to do some money transfer, +17 pts to you

Hope can see 5.x soon
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  #5460  
Old 06-05-2017, 10:31 AM
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Re: Chinese RMB rates..

Quote:
Originally Posted by Oh yes View Post
yes, they need pay slip too, as I TT twice in a mth.
bro you invest there? think you will get better return there than SG
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