Reject RMB tips

1. What should I do if I refuse to accept RMB?

It is illegal to refuse to accept RMB. According to Article 16 of Chapter III of the Law of the People's Republic of China on the People's Bank of China, "The legal tender of People's Republic of China (PRC) is RMB. No unit or individual may refuse to repay all public and private debts in People's Republic of China (PRC) in RMB. " According to Article 29 of Chapter IV of the Regulations on the Administration of Renminbi in People's Republic of China (PRC), "No unit or individual may print or sell token tickets to replace Renminbi in the market." This article belongs to the situation that hinders the RMB. Article 47 of Chapter V of the Regulations stipulates: "Anyone who violates the provisions of Paragraph 3 of Article 20, Paragraph 3 of Article 27, Article 29 and Article 31 of these Regulations shall be punished in accordance with the relevant provisions of the Law of the People's Republic of China on the People's Bank of China; Among them, those who violate the provisions of Article 31 of these Regulations and constitute a crime shall be investigated for criminal responsibility according to law. "

In addition, Yu Xiang, a lawyer of Jiangsu Weishide Law Firm Shenzhen Branch, believes that according to the Regulations of People's Republic of China (PRC) on the Administration of Renminbi, no unit or individual can refuse to repay all public and private debts of People's Republic of China (PRC) and China in Renminbi. Refusal is illegal, but the law does not list the punishment measures for refusal. Anyone who encounters rejection can complain to the competent RMB authority, namely the People's Bank of China. On the other hand, as an operator, it is also suspected of infringing on the rights and interests of consumers. First of all, consumers have the right to choose the payment method, as long as the currency is legally circulated. Rejecting a certain version of banknotes is an infringement on consumers' right to choose. Second, consumers are suspected of violating the right to fair trade. When purchasing goods or receiving services, they have the right to obtain fair trading conditions such as quality assurance, reasonable price and accurate measurement, and they also have the right to refuse compulsory trading by operators. Therefore, consumers can sue by infringing their rights and interests.

It is illegal to refuse to accept RMB.

Yes

According to the Law of the People's Republic of China on the People's Bank of China, the regulations on the administration of RMB are formulated as follows:

Article 3 The legal tender of People's Republic of China (PRC) is RMB. No unit or individual may refuse to repay all public and private debts in People's Republic of China (PRC) in RMB.

Article 6 All units and individuals should cherish RMB.

It is forbidden to damage the RMB and hinder its circulation.

1. It is illegal to refuse RMB. According to Article 16 of Chapter III of the Law of the People's Republic of China on the People's Bank of China, "The legal tender of People's Republic of China (PRC) is RMB. No unit or individual may refuse to repay all public and private debts in People's Republic of China (PRC) in RMB. "

2. According to Article 29 of Chapter IV of the Regulations on the Administration of Renminbi in People's Republic of China (PRC): "No unit or individual may print or sell token tickets to replace Renminbi in circulation in the market." This article belongs to the situation that hinders RMB.

3. Article 47 of Chapter V of the Regulations stipulates: "Those who violate the provisions of Paragraph 3 of Article 20, Paragraph 3 of Article 27, Article 29 and Article 31 of these Regulations shall be punished in accordance with the relevant provisions of the Law of the People's Republic of China on the People's Bank of China; Among them, those who violate the provisions of Article 31 of these Regulations and constitute a crime shall be investigated for criminal responsibility according to law. "

4. According to the Regulations of People's Republic of China (PRC) on the Administration of Renminbi, no unit or individual may refuse to repay all public or private debts in Renminbi. Refusal is illegal, but the law does not list the punishment measures for refusal.

5. Anyone who refuses can complain to the competent RMB authority, namely the People's Bank of China. On the other hand, as an operator, it is also suspected of infringing on the rights and interests of consumers. First of all, consumers have the right to choose the payment method, as long as the currency is legally circulated. Rejecting a certain version of banknotes is an infringement on consumers' right to choose. Second, consumers are suspected of violating the right to fair trade. When purchasing goods or receiving services, they have the right to obtain fair trading conditions such as quality assurance, reasonable price and accurate measurement, and they also have the right to refuse compulsory trading by operators. Therefore, consumers can sue by infringing their rights and interests.