Topic: Can Foreigners Open a Bank Account in China? Bounty for best answer. (Read 13214 times)
Go directly to Shanghai or Beijing slightly larger banks did not set up basic English what the problem. . These visas would go to other countries and the same, really think the trouble you can ask a translator has to follow you. So where is very convenient.
May 05, 2014, 04:33:09 PM
HSBC china is way to go, very good customer service
May 05, 2014, 10:06:24 AM
Yes of course you can. However I would not use a chinese bank. I would use a swiss bank that operates in china aswell.
I would open an account with UBS. The biggest Swiss bank. You can even open an account online:
http://www.ubs.com/cn/en.html
Thank me later and you can send the donation to this adress: 16445WYWDfL874EMUFa1MxywxbswTSq5cZ
Thanks
xxx
I would open an account with UBS. The biggest Swiss bank. You can even open an account online:
http://www.ubs.com/cn/en.html
Thank me later and you can send the donation to this adress: 16445WYWDfL874EMUFa1MxywxbswTSq5cZ
Thanks
xxx
May 05, 2014, 08:35:59 AM
U should try hsbcchina, https://www.hsbc.com.cn/1/2/commercial-banking/international-banking/account
May 04, 2014, 09:27:12 PM
Well I hope my post is useful to someone! 
April 20, 2014, 04:56:30 PM
Trip to China is a long and costly one - you better save it.
You can open China bank account in New York.
(optional) 1. Incorporate a company (~$500 and I can help)
2. Go to NY (or try online) and open a (corporate) bank account at Bank of China http://www.bocusa.com/
Chinatown Branch
Bank of China New York Chinatown Branch provides full banking services to personal and business customers. We offer various kinds of deposit accounts denominated in US Dollar, Chinese Yuan (RMB) and Australian Dollar. We also provide Bank Cards, Remittance, Foreign Currency Exchange, Online Banking service, and Commercial Mortgage Loan service to meet your needs. Our deposit accounts are insured by FDIC up to $250,000 per depositor.
42 East Broadway (close to Market Street)
New York, NY 10002
Tel: 212-925-2355
Fax: 212-431-6178
Business hours
Mon - Fri: 8:30 am - 4:00 pm
Sat, Sun: 10:00 am - 3:00 pm
By subway: take F train to East Broadway station, B, D to Grand Street Station, or N, R, Q, J, Z or 6 train to Canal Street station.
17RJKY9DcMRSpB7PW3RdeBYgf3k9uapnzG
Thanks!
BTW I use to open bank accounts online usabankllc.com
You can open China bank account in New York.
(optional) 1. Incorporate a company (~$500 and I can help)
2. Go to NY (or try online) and open a (corporate) bank account at Bank of China http://www.bocusa.com/
Chinatown Branch
Bank of China New York Chinatown Branch provides full banking services to personal and business customers. We offer various kinds of deposit accounts denominated in US Dollar, Chinese Yuan (RMB) and Australian Dollar. We also provide Bank Cards, Remittance, Foreign Currency Exchange, Online Banking service, and Commercial Mortgage Loan service to meet your needs. Our deposit accounts are insured by FDIC up to $250,000 per depositor.
42 East Broadway (close to Market Street)
New York, NY 10002
Tel: 212-925-2355
Fax: 212-431-6178
Business hours
Mon - Fri: 8:30 am - 4:00 pm
Sat, Sun: 10:00 am - 3:00 pm
By subway: take F train to East Broadway station, B, D to Grand Street Station, or N, R, Q, J, Z or 6 train to Canal Street station.
17RJKY9DcMRSpB7PW3RdeBYgf3k9uapnzG
Thanks!
BTW I use to open bank accounts online usabankllc.com
I don't think the bounty is still available as this is a 4-month old thread and all OP's questions have been answered already.
April 20, 2014, 04:21:53 PM
Trip to China is a long and costly one - you better save it.
You can open China bank account in New York.
(optional) 1. Incorporate a company (~$500 and I can help)
2. Go to NY (or try online) and open a (corporate) bank account at Bank of China http://www.bocusa.com/
Chinatown Branch
Bank of China New York Chinatown Branch provides full banking services to personal and business customers. We offer various kinds of deposit accounts denominated in US Dollar, Chinese Yuan (RMB) and Australian Dollar. We also provide Bank Cards, Remittance, Foreign Currency Exchange, Online Banking service, and Commercial Mortgage Loan service to meet your needs. Our deposit accounts are insured by FDIC up to $250,000 per depositor.
42 East Broadway (close to Market Street)
New York, NY 10002
Tel: 212-925-2355
Fax: 212-431-6178
Business hours
Mon - Fri: 8:30 am - 4:00 pm
Sat, Sun: 10:00 am - 3:00 pm
By subway: take F train to East Broadway station, B, D to Grand Street Station, or N, R, Q, J, Z or 6 train to Canal Street station.
17RJKY9DcMRSpB7PW3RdeBYgf3k9uapnzG
Thanks!
BTW I use to open bank accounts online usabankllc.com
You can open China bank account in New York.
(optional) 1. Incorporate a company (~$500 and I can help)
2. Go to NY (or try online) and open a (corporate) bank account at Bank of China http://www.bocusa.com/
Chinatown Branch
Bank of China New York Chinatown Branch provides full banking services to personal and business customers. We offer various kinds of deposit accounts denominated in US Dollar, Chinese Yuan (RMB) and Australian Dollar. We also provide Bank Cards, Remittance, Foreign Currency Exchange, Online Banking service, and Commercial Mortgage Loan service to meet your needs. Our deposit accounts are insured by FDIC up to $250,000 per depositor.
42 East Broadway (close to Market Street)
New York, NY 10002
Tel: 212-925-2355
Fax: 212-431-6178
Business hours
Mon - Fri: 8:30 am - 4:00 pm
Sat, Sun: 10:00 am - 3:00 pm
By subway: take F train to East Broadway station, B, D to Grand Street Station, or N, R, Q, J, Z or 6 train to Canal Street station.
17RJKY9DcMRSpB7PW3RdeBYgf3k9uapnzG
Thanks!
BTW I use to open bank accounts online usabankllc.com
November 24, 2013, 05:34:26 AM
Ni Hao! Ni!
Thanks for your good answers!
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Thanks for your good answers!
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November 24, 2013, 02:33:09 AM
Ni Hao! Ni!
Thanks for your good answers!
0.01 BTC -> Ni
Thanks for your good answers!
0.01 BTC -> Ni
November 23, 2013, 07:22:05 AM
Thanks for useful comments!
some questions still in my mind:
1-Do they provide internet access to the account?
2-Do I need to have token device for internet banking? which banks require token device, and which bank is not?
3-Can I make TT wire to Banks outside China?
4-Which bank is better? Bank of China? ICBC? Merchants Bank? Different narratives!
5-Group Tourist visa is ok or you should have just Single Visa?
Also buffet, if you can share your experience it's highly appreciated!
Thanks!
Sepehr
some questions still in my mind:
1-Do they provide internet access to the account?
2-Do I need to have token device for internet banking? which banks require token device, and which bank is not?
3-Can I make TT wire to Banks outside China?
4-Which bank is better? Bank of China? ICBC? Merchants Bank? Different narratives!
5-Group Tourist visa is ok or you should have just Single Visa?
Also buffet, if you can share your experience it's highly appreciated!
Thanks!
Sepehr
1. yes they do, is optional
2. token device is with hsbc, for boc , you have the choice to send verification msg to your phone number
3. yes you can , with a daily limit which they set according to account type.
4. i would recommend bank of china and hsbc
5. single visa is preferred , how ever they are not as strict as other countries.
cheers
you could pm me for more info , thanks 19HN8xAMo6yrJhWhx6YxJ822pEo3p8wBKH
November 23, 2013, 07:13:02 AM
No answer yet!
0.01 BTC to best answer.
0.01 BTC to best answer.
November 20, 2013, 05:40:50 AM
Thanks for useful comments!
some questions still in my mind:
1-Do they provide internet access to the account?
2-Do I need to have token device for internet banking? which banks require token device, and which bank is not?
3-Can I make TT wire to Banks outside China?
4-Which bank is better? Bank of China? ICBC? Merchants Bank? Different narratives!
5-Group Tourist visa is ok or you should have just Single Visa?
Also buffet, if you can share your experience it's highly appreciated!
Thanks!
Sepehr
some questions still in my mind:
1-Do they provide internet access to the account?
2-Do I need to have token device for internet banking? which banks require token device, and which bank is not?
3-Can I make TT wire to Banks outside China?
4-Which bank is better? Bank of China? ICBC? Merchants Bank? Different narratives!
5-Group Tourist visa is ok or you should have just Single Visa?
Also buffet, if you can share your experience it's highly appreciated!
Thanks!
Sepehr
November 20, 2013, 05:10:21 AM
Bank of China Guangzhou Zhujiang Sub-branch, 020-81542003, Development Center, No. 3, Linjiang Avenue, Guangzhou City
The minimum deposit amount of RMB current deposit is RMB1.00, and the minimum deposit amount of foreign currency current deposit is not less the value of foreign current that is equivalent to RMB20.00.
Hope this helps.
16VnUFsxoV2uaTXLmXzQWdrrY1TEsytaor
The minimum deposit amount of RMB current deposit is RMB1.00, and the minimum deposit amount of foreign currency current deposit is not less the value of foreign current that is equivalent to RMB20.00.
Hope this helps.
16VnUFsxoV2uaTXLmXzQWdrrY1TEsytaor
November 20, 2013, 04:51:18 AM
Always provide authentic information, so your real address in your country!
This, you might be required to send your ID scan or utility bill anytime and your bank account froozed in meantime. If you fill fake address, you might loose money
November 20, 2013, 04:41:38 AM
what is the minimum opening deposit in average?
for city, what about Guangzhou?
for city, what about Guangzhou?
November 20, 2013, 03:47:24 AM
Hi Buffett
The best is to look for the Bank of China - and together with yr passport and local rmb currency to open a savings account - and u will get your ATM card instantly, and the savings book. However though, there is one thing - which is that the bank would require a local address (which u can actually use the hotel address u r in - just the road address minus the name of the hotel). Its best that u use Bank of China as it have its branches all over China - and even some overseas branches too and is the leading Bank.
The best is to look for the Bank of China - and together with yr passport and local rmb currency to open a savings account - and u will get your ATM card instantly, and the savings book. However though, there is one thing - which is that the bank would require a local address (which u can actually use the hotel address u r in - just the road address minus the name of the hotel). Its best that u use Bank of China as it have its branches all over China - and even some overseas branches too and is the leading Bank.
November 20, 2013, 02:28:49 AM
Always provide authentic information, so your real address in your country!
16psKoDC1F4ovzRVVaQQHEEPXBg9rdNrVn
16psKoDC1F4ovzRVVaQQHEEPXBg9rdNrVn
November 20, 2013, 02:24:19 AM
thanks for answers!!
0.02 sent to CrypticBits
0.01 sent to Multivitaminz
one more question, when filling for address in registration form, what should i fill? the hotel address? fake address? or just my real address (in my country). it would be great if someone can call the bank customer support to confirm, prefered ICBC.
0.02 sent to CrypticBits
0.01 sent to Multivitaminz
one more question, when filling for address in registration form, what should i fill? the hotel address? fake address? or just my real address (in my country). it would be great if someone can call the bank customer support to confirm, prefered ICBC.
November 19, 2013, 12:13:49 PM
Yes you can, the only actual needed document for a basic account is your passport. You need neither proof of address nor proof of income. When you enter the bank, head for an information desk and express the desire to open an account. They will give you a bilingual form. But it is better for you to ask the information desk staff to fill it out for you. Oh and some banks may charge you for the cost of the bank card, approximately 15 yuan or so.
BTC Address: 1AonbwkzenMnSikNq2LL2iumYDpdESLYUK
BTC Address: 1AonbwkzenMnSikNq2LL2iumYDpdESLYUK
November 19, 2013, 11:43:17 AM
Hey,
Yes, you can. It's not even that hard really! Make sure to go to one of the banks with a better standing, the chances of finding someone who speaks decent English is much higher there! Be reminded your deposits wont be FDIC insured but that doesn't really matter.
Some tips:
Don't look at interest rates, they're all extremely low and not worth it.
Shanghai > Beijng > Hong Kong for English speaking people.
Make sure to bring your tourist visa to the bank, as well as your passport (duh)
If they ask you for fees to open an account, negotiate. You're not obliged to pay them and they're not forced to ask them.
To make sure everything is okay, deposit some cash in hand there first before wiring money.
The best banks for foreigners (best customer support etc) are ICBC and Merchants Bank.
Good luck!
My btc address is in my signature. thanks
Yes, you can. It's not even that hard really! Make sure to go to one of the banks with a better standing, the chances of finding someone who speaks decent English is much higher there! Be reminded your deposits wont be FDIC insured but that doesn't really matter.
Some tips:
Don't look at interest rates, they're all extremely low and not worth it.
Shanghai > Beijng > Hong Kong for English speaking people.
Make sure to bring your tourist visa to the bank, as well as your passport (duh)
If they ask you for fees to open an account, negotiate. You're not obliged to pay them and they're not forced to ask them.
To make sure everything is okay, deposit some cash in hand there first before wiring money.
The best banks for foreigners (best customer support etc) are ICBC and Merchants Bank.
Good luck!
My btc address is in my signature. thanks
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