Asking on behalf of two friends in China: one (not a Chinese national) wants to loan a large amount of money to the other (who is Chinese). The problem is the foreigner's account (even though it's a Chinese bank account) is in Euros. They tried to go to the local (Chinese) bank and do a transfer, but were told that it was illegal to transfer a foreign currency to a Chinese person like that, and that they would have to first convert all the money to RMB and then could give it to him, but that gets pretty expensive with exchange rates and fees, since this is apparently a pretty large sum. So the question is: What's the best way for a foreigner to transfer his money, in euros, at his Chinese bank account to the Chinese bank account of a Chinese national? Is there any bank card or service which the Chinese national can apply for to make it easier?
posted by jef
on Mar 2, 2013 -
7 answers
Looking for a great book/article/essay on the history of the European Union and the current economic crisis there.
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posted by crookedneighbor
on Oct 18, 2012 -
2 answers
Where can I change my Sterling and Euro banknotes to USD in Gainesville?
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posted by pont
on Sep 16, 2012 -
6 answers
How will the Greek economic problems and related Euro currency issues affect interest rates and the property market in other continents, especially Australia?
posted by gttommy
on Jun 2, 2012 -
2 answers
I'd love your recommendations for some upbeat, happy, dance/electronic music (probably from Europe), based on a couple of tracks inside.
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posted by Admiral Haddock
on Mar 28, 2012 -
4 answers
Could I get an explanation (as free of political bias and buy-gold-and-ammo hysterics as possible) of how the unraveling of the Euro would go down, how such an unraveling would affect the rich and poor nations of the EU, and what economic impact it would have on the US economy?
posted by dw
on Dec 3, 2011 -
21 answers
If the Euro collapses, will the price of gold in US Dollars fall as people seek to hold a stronger currency?
posted by 5ean
on Nov 26, 2011 -
9 answers
While nothing is certain, both the left and the right are noting the growing chances of a serious and devastating eurozone crisis, one which will not spare the US. What can people on the lower end of the income scale do to protect ourselves from what may become a terrible economic situation?
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posted by Hypnotic Chick
on Nov 23, 2011 -
8 answers
Retirement funds worry - Euro seems shakey, where best to shift mutual funds [ 80 K +/- ] mixed risk based 401 K to provide security, no great need for income, just a really safe harbor that, for a couple years, can be achieved by shifting the portfolio on-line. Simple stuff [ I sure hope ]
posted by Freedomboy
on Nov 9, 2011 -
6 answers
I need a new UK bank account. Are there any that provide solid online banking, sensible fraud protection, and multi-currency?
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posted by wingless_angel
on Sep 14, 2011 -
17 answers
I'm a Canadian going to be traveling in Europe starting in a few weeks, up until maybe Nov. I originally intended to just withdraw funds from my CAD account when needed where I would get whatever the CAD to EUR exchange was at the given time. With the economy as it is should I consider opening a EUR account and transferring a bunch of funds right now?
posted by dino terror
on Aug 13, 2011 -
6 answers
If you were visiting Europe in mid-August, would it make sense to exchange US dollars now? I'm worried about the dollar tanking against the Euro in light of a possible default and the remaining parade of economic horrors.
posted by cedar
on Jul 16, 2011 -
4 answers
Should I buy some Turkish currency now, ahead of my two-week September trip to Istanbul, to hedge against the (hopefully remote) possibility that U.S. politicians will not raise the debt ceiling by August? Or euros? Are there other steps I should take now to protect myself, just in case?
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posted by croutonsupafreak
on Jun 30, 2011 -
11 answers
How can I be paid in Euros from a European bank account, without having a European bank account myself?
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posted by otakuj
on Sep 10, 2010 -
10 answers
I'll be traveling to Ireland in the fall of next year. Is now a good time to get a bunch of Euros for cheap?
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posted by ODiV
on May 18, 2010 -
8 answers
I've read a few articles that mention the collapse of the Euro. Any idea what that would look like? Could a country like France or Germany simply walk away? Could the currency survive that? What would they do until they had fresh DM or francs or whatever?
posted by codswallop
on May 16, 2010 -
13 answers
Help me repay my debts from abroad: My considerable student loans are in CDN, but I am earning in EUR - can/should I move my debt?
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posted by molecicco
on May 12, 2010 -
8 answers
From a
Reuters newsreport about Greece's government response plan to their economic meltdown: "From 1. Jan. 2011, every transaction above 1,500 euros between natural persons and businesses, or between businesses, will not be considered legal if it is done in cash. Transactions will have to be done through debit or credit cards" Are they doing this for any other reason than making it easier to collect a sales tax? How can they enforce it? What will happen if someone pays for an item with over 1500 euros in cash, will someone repossess it? Have other countries done something like this?
posted by Kattullus
on Feb 15, 2010 -
6 answers
LivingAbroadFilter: What can I, in particular, do to avoid conversion fees from USD to EUR?
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posted by PaulingL
on Sep 9, 2009 -
15 answers
BubbleGumPopFilter: My deep shame as a professional musician is that I love European bubblegum techno pop music. I've heard a bunch, but I'm craving more - what should I be listening to?
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posted by SNWidget
on Mar 9, 2009 -
28 answers
Please help me calculate the risks and likelyhoods of the Euro rising or falling against the Australian Dollar in the next twelve months.
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posted by kandinski
on Mar 4, 2009 -
8 answers
I am basing my Masters in International Business thesis on Prof. Barry Eichengreen's 1998 paper, 'Does Mercosur Need a Single Currency?'
Although by no means an expert, I've been interested in the Austrian School for a long time and, as a result, am instinctively distrustful of central banks and fiat money. Can anyone direct me to any reputable, well-written and persuasive essays arguing the inherent weaknesses of currency unions in relation to this?
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posted by Zé Pequeno
on Nov 3, 2008 -
2 answers
I know very little about the money markets and exchange rates - does anyone with more knowledge than me have a reasonable handle on why the EUR/GBP exchange rate has jumped so much in the last year... And where it might stop?
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posted by benzo8
on Sep 3, 2008 -
3 answers
I have the day to study for AP exams and prepare a presentation. How can I spend it most effectively?
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posted by LSK
on Apr 30, 2008 -
12 answers
Are there any financial institutions available in the US to buy Euros as a hedge against the falling dollar?
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posted by pikaboy202
on Mar 4, 2008 -
20 answers
How do I get money (30,000 Euro/$50,000) from Europe to the United States with the least amount of pain?
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posted by Grither
on Feb 26, 2008 -
22 answers
I am permanently moving from the US to Europe in about a month. I have about $50K in savings in HSBC high (and ever-falling) interest account. I am at a loss as to what to do with this money. Money-savvy Mefites, please come to the rescue.
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posted by barrakuda
on Feb 15, 2008 -
18 answers
Why don't small countries use the dollar or the euro in place of their own currency?
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posted by greytape
on Dec 29, 2007 -
15 answers
How can I quickly compare prices of common items here in the states vs. in various foreign countries?
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posted by J-Garr
on Nov 26, 2007 -
5 answers
What do currency speculators think the euro-dollar exchange rate will be in June 2008? Are there online sources that currency speculators use to project or predict exchange futures? Can non-traders see these sources? Am I asking for something that just doesn't exist???
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posted by deejay jaydee
on Nov 7, 2007 -
7 answers
I keep all my savings in a Citibank e-savings account, which is like a regular savings account, only with a higher interest rate. Recently, the dollar has totally been tanking, and this trend doesn't show any signs of reversing. What's the easiest, safest, most profitable way for me to save my money in euros instead of dollars?
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posted by Afroblanco
on Nov 2, 2007 -
29 answers
Financial Advice: I need to convert a lot (10k?) of Dollars to Euros in the next few months. When should I? Are there some pretty well-known patterns in the ebb and flow of these currencies?
posted by sirion
on Sep 9, 2007 -
18 answers
Exchanging euros to dollars for a vacation. What's the best way?
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posted by sic
on Jul 10, 2007 -
18 answers
How to make a small profit with currency if you have regular access to the Euro and Slovak Crown?
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posted by freddymetz
on Feb 24, 2007 -
4 answers
I am building a collection of music videos and currently, I have about 100 or so videos that range from rock to metal and etc, however, I am in desperate need for Euro-Trance videos in .mpg format from the likes of names such as
Groove Coverage, Tomcraft, Tiesto, Ferry Corsten, and etc. Does anyone know if there are any download/torrent sites deticated to this genre? Thanks in advance.
posted by cheero
on Feb 9, 2006 -
4 answers
Does anyone have any experience opening a bank account in a country in which they are not resident? I live in Britain and would like an account in France.
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posted by altolinguistic
on Jun 28, 2005 -
4 answers
Need co-lo/server space where I can pay in Euros, but not a fortune as I'm not rich. I'd like to lease the line and the server but have a few 'special' needs.
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posted by dabitch
on Mar 1, 2005 -
4 answers
Cashing a French cheque in Canada, or possibly in France... [more inside]
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posted by louigi
on Nov 4, 2004 -
0 answers