Local Currency Chinese currency is called Renminbi (literally people's currency), often abbreviated as RMB. Issued by the People's Bank of China, it is the sole legal tender for both the Chinese nationals and foreign tourists. The unit for Renminbi is Yuan, Jiao and Fen. The conversion among the three is: 1 Yuan = 10 Jiao =100 Fen. Chinese people normally refer to Yuan as Kuai, Jiao as Mao. RMB is issued in both notes and coins. The denominations of paper notes include 100, 50, 20, 10, 5, and 1 Yuan; 5, and 1 Jiao. The denominations of coins are 1 Yuan; 5 and 1 Jiao.

Foreign Currency Exchange

The specialist institution which is exclusively cooperating with Bank of China has set two foreign currency exchange sites in the airport terminal to provide multi-currency exchange service for foreign tourists.

Foreign Currency Exchange Site 1:

Name: Shanghai Geoswift Co., Ltd, First Branch

Address: Arrival Lounge of International Terminal of Chongqing Jiangbei International Airport

Foreign Currency Exchange Site 2:

Name: Shanghai Geoswift Co., Ltd, Second Branch

Address: Arrival Lounge of T2A Domestic Terminal, Gate 4, Chongqing Jiangbei International Airport

Currencies can be exchanged on site

Available Currencies are those whose list price is Cash Buying Rate on that day, including US dollar, UK Pound, euro, yen, Hong Kong dollar, Singapore dollar,Canadian dollar, Australian dollar, New Zealand dollar, Swiss Franc, Danish Krone, Norwegian Krone, KRW(to be opened in Cash Buying Rate) basically covering the currencies of 45 countries.

When necessary, tourists can also purchase the foreign currency traveler’s check of American Express or Travelex.

Foreign Currency Exchange Limit

Tourists can exchange foreign currencies totaling less than 5,000 US dollars on one day.

Besides the exchange sites in the airport, tourists can also exchange foreign currencies in the counters of the banking departments of Bank of China all over Chongqing during their stay in Chongqing. The names and addresses of the institutions are as follows: