Bank Accounts

Can foreigners open a bank account in China? If yes, how does one open one?TOP

Yes, foreigners can open a bank account in China. The whole process is quite easy. Firstly, you need to choose a Chinese bank and present your valid passport. And then the different amounts of deposits ranging from CNY10 to CNY100 are required in accordance with the regulations of different banks. When successfully open an account, you can get a saving passbook and a bank card. If you want to withdraw money, you can do it by using the saving passbook or bank card from the bank offices or ATMs respectively.

What are the major banks in China which are friendly to foreigners?TOP

The major banks in China are Bank of China, China Industrial and Commercial Bank, Agricultural Bank of China, as well as China Construction Bank. English service is available in some big branches of these banks because staffs here are proficient in English. The following information is about the official websites and service numbers of major banks in China. Hope it will help you.

Bank of China: (Service number: 95566)
Industrial and Commercial Bank of China: (Service number: 95588) 
Agricultural Bank of China: (Service number: 95599)
China Construction Bank: (Service number: 95533)

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