Will it be possible to transfer money from his Chinese bank account into Britain?I am so very sorry to hear that. Please try again.If you still feel inclined to open a China bank account, here are a few simple steps to follow.Keep in mind that for most expats or travelers going through this process of opening a Chinese bank account, it takes a few hours – and sometimes a few days. That means that if your bank stores your name as [Last Name][First Name], or even in all capital letters, that’s how you have to wire the money to the Chinese account. I have a business travel visa valid for 6 months. Thanks for the comment!Hi, Josh! thanks for the good advice. In addition, I’ve also included a section of For the average person, there’s not a huge difference between these banks, so I recommend choosing yours based on convenience. Revision of Singapore Dollar(SGD), United States Dollar(USD) and Renminbi(RMB) Prevailing Interest Rates for BOC Savings Accounts with Effect from 1 August 2020 Announcement on the Temporary Suspension of Automated Telebanking Services due to System Upgrade (12 July 2020) Singapore is a politically and economically stable country. I don’t think there’s a need to open an account in China.Great article Josh, and thanks for the info! I would like to share my EXPERIENCE opening a bank account in china and why i need a bank account.On my way from the airport to the hotel, the taxi trip was CNY139, I only had CNY100 bills and the taxi driver claims to not have enough spare change. All they requested was my Chinese phone number and address, my address back home and my tax ID back home and that was it! As I’ve said before, it’s Sometimes the bank account application form they give you is in both English and Chinese, but that’s not always the case. Can i open bank account on tourist visa while travelling?Maybe. Since I have a Citibank account in multiple countries, I figured I would open one here but it seems like I need to take my business elsewhere.Now, my question is, what bank has the lowest fees and easieSt process to transfer money to the US.My guess is that a foreign bank on Chinese soil will have much different requirements than a domestic Chinese bank. Each and every month, we help tens of thousands of Singaporeans, expatriates and foreigners find their dream homes or inve[…]
I’ve been looking at opened Ng an account just because of WeChat pay, it seems impossible to use other means, I do not live in China but I travel over there a lot, and it seems that not always the ATMs allow for withdrawals with my card.I’m glad it was useful! I tried with my passport, which is one of the documents that it claims will work to verify, but it does not.My first visit is to ICBC bank.
Had to call icbc call center and confirm. The format in which my name was written (if it helps) was without any spaces in between.Bye folks!
Some of them will open an account on a tourist visa, but you might have to visit quite a few banks to find one.If I leave China after 6 months, I have to cancel the account or can I just leave it ?Each bank is different. Either way, unless you’re confident can write your address and information in Chinese characters, the staff is usually able to help you.They’ll also likely go make a copy of your passport and visa that you’ll need later.When your number is called, provide them with your passport and the form. You’re right…it seems that a Chinese phone number is a must-have now. I Found this extremelu useful, i’m going to china for 8 months but is a kind of exchange where i’ll be living With a family and taking a language course, so i don’t think i’ll have a residence permit? Only one name is allowed to be on the account and only one UnionPay card can be tied to that one account.If you’re wanting to share an account with your spouse or significant other, you’ll also need to share a bank card. I’m a Hong Kong Resident who travels regularly to china on short-visits for work and pleasure. Travel China the smart way! or cash and atm wiretransfers are best options?I would open a bank account. Just wanted to say big thanks to Josh and all of you for the encouragement you provided here. Yes, your card number is your account number. Opening a bank account in China sounded pretty much impossible, so I was already prepared for more than 5 or even 10 failed attempts.I have been living in Zhengzhou for a month and a half now. I’ve even had a guy try to persuade me that the fee (200RMB for China Construction Bank) was too expensive and do I really need to send money?The best solution I’ve found is to find a larger/main branch. SUpEr!If you ever run out of funds and need to TT some cash into your bank account, you have to go back to the exact branch you opened your account to verify your identity before they can deposit the TT from your home country bank.