Can I exchange money directly at the bank?

If you want to change new banknotes, you can go to the bank to change them, preferably in whole banknotes, and it is difficult to change them. If the exchange amount is large, you need to make an appointment with the bank in advance to avoid being unable to exchange new banknotes that the bank has no reserves.

According to Article 22 of the Regulations on the Administration of RMB in People's Republic of China (PRC), financial institutions that handle RMB deposit and withdrawal business shall, in accordance with the provisions of the People's Bank of China, exchange damaged and defiled RMB for the public free of charge and deposit it in the local People's Bank of China.

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1. China Bank includes China Agricultural Bank, China Merchants Bank, China Industrial and Commercial Bank, China Bank, China Construction Bank, Bank of Communications, China Rural Science and Technology Bank, China Postal Savings Bank, China Credit Cooperative, Industrial Bank, Shanghai Pudong Development Bank, Minsheng Bank, Huaxia Bank and Regional Development (Commercial) Bank. Banks are legally established financial institutions engaged in money and credit business. They are also the products of the development of commodity economy and monetary economy to a certain stage.

Generally speaking, China and prime Bank are mainly divided into the above eight categories. The main basis for distinguishing is whether the controlling shareholder belongs to state-owned assets, the establishment level of the bank, the positioning of the bank, the service group of the bank, and the region where the bank is located. It should be noted that due to regulatory requirements and geographical division, if it is a local bank, it cannot operate across regions, so we need to avoid it when handling business.

2. Banks in China can be basically divided into: Central Bank: People's Bank of China. Policy banks in China: China Development Bank, China Agricultural Development Bank and The Export-Import Bank of China. Sixteen representative commercial banks: fourteen national joint-stock commercial banks: (six in Beijing) Minsheng Bank, Huaxia Bank, China Everbright Bank, CITIC Industrial Bank, China Bank and China Construction Bank; (Yantai 1) hengfeng bank;

(2 in Shanghai) Shanghai Pudong Development Bank and Bank of Communications; Zheshang Bank (one in Hangzhou); Industrial Bank (Fuzhou); (2 in Shenzhen) Shenzhen Development Bank and China Merchants Bank; China Guangfa Bank (one in Guangzhou). There are two wholly-owned commercial banks in China: China Industrial and Commercial Bank and China Agricultural Bank. Other banks, credit cooperatives and postal savings offices in China. 3. Central Bank, China People's Bank, is the central bank of China.

Actually, it is an administrative organ. Basically, it does not deal with the banking business of individuals and enterprises. Policy banks, including Agricultural Development Bank, Export-Import Bank and China Development Bank, only handle policy banking business. Commercial banks are financial institutions that conduct credit intermediary through deposits, loans, remittances, savings and other businesses.