BOC Dual Currency Debit Card

jywy2005

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Anyone has the above card? Thinking of whether to apply for one as I can withdraw CNY in China. Is it widely accepted for payment? Thanks for your advice.
 

Steyr69

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If you have no intention of opening a china bank account in china....you can open either BOC or ICBC account in SG.

I went for the ICBC as their min opening sum is SGD500 and as of date, no penalties for fall below amount.

tell them you want to open a multi currency account. i was given SGD, CNY and USD.

you can input CNY in the account n you can withdraw in ICBC ATMs in china.
but take note there is a 10RMB charge per transaction.
so i mostly use to pay for hotel lodgings n other big spend amount.
no transaction charge for Point of Sale.

in China, you can only view the CNY account balance though.
 
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