The place to ask China-related questions!
Beijing Shanghai Guangzhou Shenzhen Chengdu Xi'an Hangzhou Qingdao Dalian Suzhou Nanjing More Cities>>

Categories

Close
Welcome to eChinacities Answers! Please or register if you wish to join conversations or ask questions relating to life in China. For help, click here.

By continuing you agree to eChinacities's Privacy Policy .

Sign up with Google Sign up with Facebook
Sign up with Email Already have an account? .
1
1
You must be a registered user to vote!
You must be a registered user to vote!
0

Q: What bank do you recommend?

I need to open an account in China and am planning on doing it soon.

 

I see that everyone is paying with their phone around and I wanted to know if there was a bank with easy English online access and perhaps assistance in English and with a decent amount of bank offices around Beijing so I don't have to move across the city... It's a lot of conditions, sorry...

 

Thanks for the help!!

5 years 27 weeks ago in  Money & Banking - Beijing

 
Highest Voted
Posts: 19415

Emperor

2
3
You must be a registered user to vote!
You must be a registered user to vote!
1

China Merchants Bank Gold account with Visa/Mc logo.

 

See thread 'Laowai friendly bank' for more.

http://answers.echinacities.com/question/laowai-friendly-bank-china

'add-it': I am not using it over the phone. You can't make online purchases on Western owned web sites, but at every CMB I was, they have at least one Chinese English speaking employee.

Report Abuse
5 years 27 weeks ago
 
Answers (4)
Comments (3)
Posts: 19415

Emperor

2
3
You must be a registered user to vote!
You must be a registered user to vote!
1

China Merchants Bank Gold account with Visa/Mc logo.

 

See thread 'Laowai friendly bank' for more.

http://answers.echinacities.com/question/laowai-friendly-bank-china

'add-it': I am not using it over the phone. You can't make online purchases on Western owned web sites, but at every CMB I was, they have at least one Chinese English speaking employee.

Report Abuse
5 years 27 weeks ago
 
Posts: 4448

Emperor

1
1
You must be a registered user to vote!
You must be a registered user to vote!
0

Agreed China Merchant Bank or EverBright bank

Report Abuse
5 years 27 weeks ago
 
Posts: 3871

Emperor

1
1
You must be a registered user to vote!
You must be a registered user to vote!
0

Also recommend China Merchants bank but a couple of points to note:

1) Phone app only in Chinese. I can use it to transfer money as my wife taught me how

2) Get them to install the computer online banking software in the bank. I've not been able to download it on my laptop (though phone app works so not needed to)

 

 

ironman510:

Accept BOC, that sounds like All banks in China. Which would you use to ship money out of the country? Now I'm required to provide 3 doc's to ship money to America

5 years 27 weeks ago
Report Abuse

Hotwater:

Shipping money out is one point I don't have problems with. I use the phone app to transfer money to my wife's account. She goes online, buys Sterling and then transfers it  2 minutes later. Normally in my U.K. account next day, 2days at the latest. 

 

I had an account with BOC for a couple of years. Couldn't get the online banking to work and dealing with staff in the bank was like having teeth pulled without an anesthetic!

5 years 27 weeks ago
Report Abuse
Report Abuse
5 years 27 weeks ago
 
Posts: 2776

Emperor

1
1
You must be a registered user to vote!
You must be a registered user to vote!
0

I agree....Merchant bank is by far the least hassle. And has almost no queues ever.

icnif77:

Also tea&coffee, snacks, candies in 'Gold account-VIP' area. Very soft, comfortable sofas, so sometimes I just rest there ... 

5 years 27 weeks ago
Report Abuse
Report Abuse
5 years 27 weeks ago
 
Know the answer ?
Please or register to post answer.

Report Abuse

Security Code: * Enter the text diplayed in the box below
Image CAPTCHA
Enter the characters shown in the image.
  • Allowed HTML tags: <a> <em> <strong> <cite> <code> <ul> <ol> <li> <dl> <dt> <dd> <img> <br> <p> <u>
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
  • Textual smileys will be replaced with graphical ones.

More information about formatting options

Forward Question

Answer of the DayMORE >>
A: They're saying you should be in China already because entering China i
A:They're saying you should be in China already because entering China is pretty much impossible at the moment due to covid restrictions. This means schools can only recruit from people already in the country. Also, unless you have dual citizenship you probably wouldn't meet the visa requirements to teach (teach English that is, maybe you could teach other subjects, I don't know) in China. They have a native speaker requirement that means only people from certain countries will be accepted. The second point will probably get this post downvoted, any time you mention the native speaker requirement it brings out one or two angry thumbs - they don't seem to understand nobody on this forum makes the rules..... Anyway, my advice to you would be to look elsewhere. Between China's tough visa requirements and their even tougher covid measures it's pretty much impossible to go there now to teach. The good news is that other countries are dropping their covid restrictions and opening up again so there are probably still opportunities available to you. Good luck. -- Stiggs