So these two guys walk into the gold shop in Shenyang and buy 20 kg. of gold and pay cash ! You will need a google translate, http://gold.hexun.com/2011-08-20/132648742.html but the picture tells the story, basically it cost them Rmb 7.6198million or about USD1.2million and it took the cashiers 5 hours to count the money (shown in the picture) When asked for identification for future business, they politely declined ! This was the goldsmith's largest cash transaction, but back in June an individual made a one time purchase of Rmb300 million (USD47million) using his credit card.
Credit card? What kind of credit card does he have?! I think he would be flying for free the next 10 generations if he got points for that lol.
try doing that here - only a few stores do it my experience is that they are also extortionate, with one exception
It certainly does have a limit There is a limit based on your past spending habits, you can call them and tell them in advance you're about to make a big purchase but there is no possible way Amex will allow 47mil. So unless he habitually spends 47mil through his charge card every month I doubt it lol And keep in mind that's only for the charge card, he specifies credit card as well.