Hi All.. new to this forum and this city.. already doing up on renting a place close to my office in Huai Hai area. Who else is in Shanghai?! hhahaa..
Already I am fidgeting and trying to get used to the traffic and china taxation, need to open up a RMB account for salary crediting soon. Heard that might be restrictive to get money out in future as the china govt is tight on RMB flowing out of their country.
Does Citibank provide no handling charges if I withdraw the funds from RMB account in a foreign country? How about if I do an internet transfer from RMB to foreign currency account? Or to get RMB out, will remittance to my family such as Western Union be better in terms of charges?
Thank you all in advance for sharing your experiences!