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Official currency and other currencies
Definition of terms
Official currency and other currencies
Zhaoonline's official currency is RMB. The data of USD and EUR are for reference only.
Reference price: The data of other currencies (USD and EUR) are for reference only, not the basis of payment and settlement. The reference prices of other currencies (USD and EUR) are converted as per zhaoonline's conversion rate on the date you view them.
Remittance:
The remittance amount in another currency (USD or EUR) will be converted to RMB as per zhaoonline's conversion rate on the date of your remittance.
Adding funds via PayPal:
If you add funds via PayPal, zhaoonline only accepts USD. The RMB amount you want to add will be converted to USD as per zhaoonline's conversion rate on the date of your top-up. Besides, you will assume PayPal transaction fee.
Paying via PayPal:
If you pay via PayPal, zhaoonline only accepts USD. The RMB amount you pay will be converted to USD as per zhaoonline's conversion rate on the date of your payment. Besides, you will assume PayPal transaction fee.
Settlement:
If you want to convert the settlement amount to another currency (USD or EUR), the conversion rate is subject to zhaoonline's conversion rate on the date of our transfer. (If you want us to settle via PayPal, the amount will be converted to USD.)
Refund:
If you want to convert the refund amount to another currency (USD or EUR), the conversion rate is subject to zhaoonline's conversion rate on the date of our transfer. (If you want us to refund via PayPal, the amount will be converted to USD.)