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CHINA
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∙ 11y ago
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Can you transfer money from Thailand to China through Agricultural Bank of China?
I'm afraid you can't. In China,you can only convert currency in Bank of China.
Who can issue banknotes in India?
The issue of currency in India is controlled by the Reserve Bank of India.
How is a corresponsal bank of Bank of china yiwu branch?
Depends on what's currency you will transfer and where do you make your payment.
What is a issue note?
The currency issued by Central bank of any country for monetary transactions is known as issue note.
Who has the sole right to issue paper currency in India?
Reserve Bank of India (RBI)
Can a bank issue bearer demand draft?
no,because bearer draft is like a currency which can be issue only by rbi hence cant be issue bearer
Someone have wrote a bank draft for you from another country How can you deposite to your account in your country?
It will most likely be sent to their main office, which then finds out how much its worth in your countrys currency. Then they deposit it for that amount.
Can you use us dollars in china?
No, only Chinese currency, RMB, is the legal currency in China, if you have USD and you go to China, you have to exchange for RMB first. it is easy, because every bank in China can handle it!
What does it mean to issue currency?
To make a certain type of money available to the public. Usually through bank distribution.
What are the functions of RBI?
1. Currency issue 2. Banker's Bank 3. Government Bank 4. Credit Control 5. Foreign Exchange Reserve
What are function of rbi?
1. Currency issue 2. Banker's Bank 3. Government Bank 4. Credit Control 5. Foreign Exchange Reserve
What are rbi's functions?
1. Currency issue 2. Banker's Bank 3. Government Bank 4. Credit Control 5. Foreign Exchange Reserve
