I mentioned it once in my blog: getting Ren Ming Bi (Chinese Yuan) at China Construction Bank using Bank of America ATM card. I tried it yesterday. It works great. The rate is 7.72, or $194.29 for CNY 1500. Don’t know if there is a transaction fee. The last I heard is there is none. There maybe some limit on how much one can withdraw each day.
BOA and CCB are partners in China. Talking about partners, many foreign banks are partnering with local banks these days, because the China banking industry will open up to foreign banks according to WTO.