Source: China Daily, Travel China Cheaper



Getting a bank account in China is quite necessary here, as cashless payments and safe storage of money make life easier! Follow the quick tips below to get a bank account.







How to Get a Bank Account & Card







Bring a valid passport to the bank counter, after getting a queue number from the staff/machine at the front desk.

Fill in the bank account application. (For this, you will need a Chinese phone number, and possibly even a residence permit or work permit / student ID. Additionally, you will also need your Chinese address.)



With provision of your passport and after application in any of the bank's business outlets, a bank card will immediately be issued to you.

After getting the bank card, you can use an ATM to verify or change the password. (Keep in mind that if you wish to change your bank password, or any other details such as phone number, more paperwork will be required.)





Note: For some banks, the paperwork for the bank account application may only be in Chinese! In such a case, it may be very useful to have a Chinese friend assist you, or a translation APP on your phone.











List of Banks





Large commercial banks

(These commercial banks are recommended for foreigners, according to multiple sources)







Industrial and Commercial Bank of China

Hotline: 95588



Agricultural Bank of China

Hotline: 95599



Bank of China

Hotline: 95566



China Construction Bank

Hotline: 95533



Bank of Communications

Hotline: 95559





Foreign banks



(Keep in mind that these banks may require a large sum of money to be placed into the account, in order to open)





HSBC China

Hotline: 400-820-1818



Bank of East Asia

Hotline: 95382



Standard Chartered Bank

Hotline: 800-820-8088



Citibank China

Hotline: 400-821-1880



DBS China

Hotline: 400-820-8988



UBS (China) Limited

Hotline: 86-10-58327000



ABN AMRO Bank (China)

Hotline: 800-820-2808



Deutsche Bank (China)

Hotline: 86-10-59698888





Policy Banks





China Development Bank

Tel: 86-10-68306688



Export-Import Bank of China

Tel: 86-10-83579988



Agricultural Development Bank of China

Tel: 86-10-68085370



Joint-stock commercial banks



CITIC Bank

Hotline: 95558



China Everbright Bank

Hotline: 95595



Hua Xia Bank

Hotline: 95577



China Minsheng Bank

Hotline: 95568



China Merchants Bank

Hotline: 95555



Industrial Bank

Hotline: 95561



China Guangfa Bank

Hotline: 400-830-8003



Ping An Bank

Hotline: 95511



Shanghai Pudong Development Bank

Hotline: 95528



Hengfeng Bank

Hotline: 95395



China Zheshang Bank

Hotline: 95527



China Bohai Bank

Hotline: 400-888-8811



Postal Savings Bank



Postal Savings Bank of China

Hotline: 95580







