Oldrr people, maybe without bank accounts, also use cash. i will find out soon. And fees if Total balance falls below the minimum Requirement. Re: Opening A Bank Account in China with Tourist Visa There is still a grey area for people who had already a bank account before. You should walk away immediately with a new card (it won’t have your name on it) and a lot of stamped paperwork.There are a few different ways you might find yourself using your new China bank account and your UnionPay card, and each might require specific actions.As simple as I just made opening a bank account in China sound, as with all things, the devil is in the details.Here are the most common questions that I receive about banking in China.No, you can’t. However, the verification of my union pay card with boc did not go through as paypal tried to send $1 to my account. 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. It takes an hour to open a bank account in a branch, bunch of paperwork. Even then, you’ll probably run into plenty of roadblocks. This is required to verify your identity and to allow the bank to validate the documents and information needed to open your account. Open a bank account to receive salary, pay rent and do wiretransfer between switzerland and china? 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. Do you know if I can do so using my Hong Kong address? I told them i frequently visit China for business and related the story of how the taxi didn’t have sufficient spare change. 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. All they requested was my Chinese phone number and address, my address back home and my tax ID back home and that was it! Re: Opening A Bank Account in China with Tourist Visa The format in which my name was written (if it helps) was without any spaces in between.Bye folks! thanks for the good advice. I was wondering, i am coming to china on a one year employment visa, if i was to open a bank account in china for my duration, would It then be possible to Use that account to Transfer my funds after one year back into my foreign back account, do chinese bank accounts allow for international transfers?They do allow for transfers and that would work, although it’s worth noting that any transfers over the amount of US$10,000 are much more difficult. But a colleague of mine, ex Chinese, who had a bank account found out the account was blocked, because he had no official address anymore in China. It’s annoying, but that’s the way China does it.Even if it’s possible for you, don’t expect it to be easy. I can’t pack much so I was planning on buying many stuff once I get there. I have been living in China now since 2016, and I really like it and am happy here!I find that the processes and systems in China though efficient, are quite slow. and i also need to have my passport translated by an embassy into chinese.I left and went to the bank next door. Most irritating getting stuck behind the old lady while she searches her purse for that last, elusive yi mao.
PaySend reports: “Please use another recipient card.”He has been into his branch and they say that there should be no problem with receiving money but they don’t seem able to investigate these specific transfers.Has anyone had this experience? i end up paying CNY200 for a CNY139 taxi ride. Just wanted to say big thanks to Josh and all of you for the encouragement you provided here.