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Can foreigners open bank accounts in China?
Dec 20, 2009 23:39
#11  
  • DUDU
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  • Join Date: Aug 6, 2009
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No limit when transfer money to your account, but there's limit when you draw money out of your account in Bank of China.
Feb 1, 2010 23:05
#12  
GUEST57619 I'm a foreigner have business contacts in china as well as US and want to pay them in USD. I wonder if there is a way to open bank accounts which I can access and order payments online while I am any where outside of China.
Feb 2, 2010 05:40
#13  
  • ELLYSE
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  • Join Date: Oct 30, 2005
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Get a multi-currency account and also get online banking enabled.
Feb 4, 2010 11:52
#14  
  • APAULT
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  • Join Date: Mar 11, 2006
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But check whether you can make payments in foreign currencies. I had a dual currency account but could not access the foreign currency outside the province in which the account was opened, not even to get it converted into RMB.
Nov 14, 2010 18:13
#15  
GUEST92206 I'm here from Canada on business.

I have been in China for 2 weeks now. I have been into three different banks to open a bank account. All of them said i could not open one for some reason. I never understood the reasons because i can't speak Chinese. I have photo id, my passport, money, credit cards and Canadian debt cards too. Can anyone give me some advice on how to achieve this. Thank you in advance.
Nov 19, 2010 09:35
#16  
  • ELLYSE
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  • Join Date: Oct 30, 2005
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You need proof of where you're living (could be a hotel or whatever) in China.
Jun 19, 2011 17:54
#17  
GUEST44253 What about interest rates,can a foreigner bring money and receive a return (interest rates) on his money?
How much interest rates?
Sep 7, 2011 23:48
#18  
GUEST21177 i have bank account in abc bank china pin number blocked can ask new pin?
Sep 8, 2011 01:05
#19  
GUEST7409
Quote:

Originally Posted by GUEST21177

i have bank account in abc bank china pin number blocked can ask new pin?


Yes, as long as you can prove you are the owner of your bank account.
Sep 25, 2011 09:36
#20  
GUESTALI Hello Everyone,

I am foreigner and want to sell something to a Chinese company and I want to know that is it possible for me to open a personal bank account in BOC and the buyer pay to my personal account about 300,000 USD and then i transfer it to other bank accounts in China in RMB or USD ? ( i have shipment docs and everything is legal)
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