Submitted by sixstalks t3_10q6dmg in personalfinance
meamemg t1_j6o7ybd wrote
Reply to comment by sixstalks in how could my parents withdraw USD out of a Chinese bank? by sixstalks
>If I go to Wells Fargo with RMB and deposit it, won't it be converted to USD value in the account?
On a standard US Dollar based account yes. But you can open an account with banks that are denominated in other currencies. See https://www.expat.hsbc.com/multi-currency-accounts/ for example.
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