Unlike many banks and bureaux de changes we are transparent with our Chinese Yuan pricing. You have direct access to the live GBP/ CNY interbank exchange rate so it's easier for you to compare and see the savings you make using our buy back service. Compare our buy back rates and see how much you could save.
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You sell us
1 GBP = Your exchange rate
Low cost fee 0.00%
1 GBP = Real exchange rate
You get British pounds
GBP
Last updated on
Source: compareholidaymoney.com
You sell us
You get British pounds
GBP
| You Sell | Exchange rate | You Receive (After fees) |
You could save | |
|---|---|---|---|---|
*We capture the exchange rates being offered by airports and high street providers once a month and calculate what spread they are taking off the live interbank rate. We then compare that to what rates we are offering to calculate the savings you can make if you use us.
*Your potential saving has been calculated using our exchange rate and the most expensive provider's rate in the market at a given point in time.
Once your currency buy back order is placed, you will be provided with an indicative captured interbank exchange rate and our fee
Please make sure the item has been insured to correct value in the event of loss or theft and keep hold of the tracking ID.
Send to the following address: TCC, PO BOX 66831, London, W27TB
the real exchange rate and our fee will be applied at the time we process your order. We shall then make payment to the bank account details you have provided.
Ideally, whenever you are buying or selling Chinese Yuan it is always a good idea to research where the interbank exchange rate is. The interbank exchange rate gives you a guide as you want to transact as closely to it as possible. For ease, we always show what the mid market rate is on our currency converters.
In a nutshell, when you are selling back Chinese Yuan and converting to GBP you want to do so when the Chinese Yuan is strong against British Pound. This way you will get more British Pound for every Chinese Yuan sold. If you are buying Chinese Yuan the reverse applies and you should try to buy when Chinese Yuan weak against the British Pound since this would mean more Chinese Yuan for every British Pound you spend.
The Chinese market asserting its dominance has put forth the Chinese Yuan Renminbi in the international market. Even though the Renminbi is still somewhat pegged to the US Dollar, more and more people are trying to enter the Chinese market with its help. It is also the 8th most traded currency in the world, capturing about 5% of the forex market. Hence, if one wants to Sell Chinese Yuan Renminbi, they will face hardly any issues.
Official name - Chinese Yuan Renminbi
Symbol - 元 / ¥
Code - UAE
Nickname - Yuan
Subunit - Jiao, Fen
Chinese Yuan Exchange RateIf you happen to have a significant amount of Renminbi, you can easily sell them through a bureau de change near you. These institutions offer current exchange rates; thereby, you can get the most out of your foreign currency. However, if you do not conduct proper research and choose any random bureau de change, there may be chances of paying a huge hidden fee. In the worst-case scenario, you may end up losing the money
The Currency Club is registered with the Financial Conduct Authority. This means your money is 100% safe with us. Moreover, we believe in complete transparency, so we communicate all our rates before booking and do not have any hidden fees.
Our representatives will also provide you with the interbank rates to calculate the margin from the interbank exchange rate for yourself. Unfortunately, there is hardly any other bureau de change that offers live rates Chinese Yuan even before you have booked their assistance. So, if you actually want a safe, profitable and simple foreign exchange process, look no further for a 'Chinese Yuan Renminbi exchange near me,' and opt for our currency buy back services.
Chinese Yuan Renminbis are of different colours, but they are all significantly suppressed to give this currency a uniform look. Every banknote features the Chinese leader Mao Zedong, and it has been that way since 1999.
With its rich culture and heritage, the Chinese currency also roots back to over 3000 years. It existed both in Ancient China and Imperial China. However, the modern planned economy started in 1949 with a fixed value. Later around the mid-1990, the country decided to calculate the value of its currency based on its demand and supply in a forex market. At present, the country is slowly trying to adopt digital Renminbi or DCEP across its population.
If so please visit Sterling FX for exceptional sell Chinese Yuan branch rates - www.sterlingfx.co.uk/london-branch
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