New Reply

Post a Reply

Thread: Chinese bank account

Title: (100 characters at most)

Content: ( 3,000 characters at most, please )

You can add emoticons below to your post by clicking them.

[quote=GHOST,250140]Hi Dave

I have an internet-based account with First Direct (part of the HSBC group http://www.firstdirect.com/).  I can transfer money from my English account across to my locally opened 'Multi-currency account' with HSBC for a fixed charge of £10 (I didn't find Erencius comment inaccurate).

I'm not sure about the Chinese banks (I avoid them as much as possible!), but I know you can open the above mentioned account with HSBC and then make another person (your girlfriend) an authorised signatory.  I did this a while back to the surprise of the bank teller who informed me, "but then he can take all your money"!

I think you'll find if you try to transfer to a Chinese bank from England that the charges will be quite high (at both ends).  I'm not familiar with PayPal so can't comment about them.

Another bonus with First Direct is that you can use their bank cards (not credit cards) in an HSBC atm without charge to view your balance and withdraw money direct from your UK account.  You can check for HSBC branches and atm's in China at: http://www.hsbc.com.cn/1/2/home[/quote]

characters left

Name:

Get a new code