The annual total amount of domestic foreign exchange purchases from RMB to GBP is USD 50,000 equivalent to GBP, which is certainly cost-effective compared to the past at the current GBP exchange rate . Regarding the handling fee, there is no handling fee for the purchase of foreign exchange itself. But you will incur a fee when you remit pounds to a foreign account to do such an overseas remittance. Different banks have different rates and upper and lower limits of charges.
Renminbi can be exchanged for sterling at various foreign exchange banks. Bank of China / Industrial and Commercial Bank of China / Agricultural Bank / China Construction Bank / Bank of Communications are all foreign exchange banks . The exchange rate of the same bank is the same everywhere, and the exchange rate of different banks is slightly different. There is no fee for the exchange (because the fee is included in the difference between the bank’s sale and purchase of foreign exchange).