Western union money transfer in Vadapalani, Chennai, established in the year 2000, Elite Forex Pvt Ltd in Vadapalani, Chennai is a top player in the category Money Transfer Agencies in the Chennai. It is at Doshi gardens, Arcot Road, Opposite to Vadapalani Bus Depot, which makes it easy for first-time visitors in locating this establishment. It is known to provide top service in the following categories: Foreign Exchange Agents, Tour Packages, Money Transfer Agencies, visa and Ticket agent. The Chinese Yuan renminbi is the official currency of mainland China. As noted above, the term Yuan refers to a single unit of the currency while the term renminbi refers to the actual name of the currency itself. The Yuan is abbreviated as CNY while the renminbi is abbreviated as RMB. The Renminbi was added to the list of the top-five most-used currencies, making it part of the IMF’s Special Drawing Rights Basket. China's national currency is issued by its central bank, the People's Bank of China (PBOC). The bank is headquartered in Beijing, the nation's capital. Banknotes are printed in one, two, five, 10, 20, 50, and 100 Yuan denominations. We only accept 50 and 100 Yuan denominations only. Convert your current Chinese RMB banknotes to cash using our hassle-free exchange service.