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Sign up with Google Sign up with FacebookQ: why the hell i s bank of china charging me RMB 10 !!! for each withdrawal?!?
shouldnt it be free of charge?it 's such a friggin rip off!almost as much as an international transaction charge
and , yeah , my debit card IS with the same bank!!!What do i do?
10 years 41 weeks ago in Money & Banking - China
Did you open the account in another city? If you did, empty it, and open another account to put the money in.
It's the stupid way they do things here.
CARLGODWIN1983:
It is.
I had a BOC account in Luzhou, and then moved to Chengdu - both cities are in Sichuan. I was charged 4rmb each time, and that was in 2009. Inflation is just a reason to increase charges.
instant_noodles:
i opened it in guangzhou, and today withdrew in zhuhai, but RMB10! Just think it's toooooo much, a withdrawal form another bank ATM would be only 5! BOC just sucks bum
think I read somewhere.... there are over 400 cities in China with over a million population ... if you are gonna change cities regularly, that could become a lot of bank accounts!! I have 2 and not going anywhere soon!!
tell them
if they ignore you, go to China Merchant Bank. It's privately owned rather than state-owned
I don't know exactly why, but maybe you can find the answer at this post: Sex in China on a 30 day Visa.
instant_noodles:
that seems to be the answer to everything recently...
It is the same at China Merchants Bank. CMB charge 5 Rmb for ATM withdrawals (3000 Rmb daily) anywhere in China.
When you move to different city, you should close your account, and reopen new account in the new city.
I had to pay 15 Rmb to open new account at ICBC, where School deposits my salary.
There are no fees if you use your ATM for purchases around China, but as soon as you withdraw cash, any Chinese bank will charge fee, if you aren't in the same city.
icnif77:
Correction:
CMB charge 5 Rmb for ATM cash withdrawals anywhere in China lower than 1000 Rmb. If you withdraw 1100 Rmb to maximum 3000 Rmb a day, there is no fee.
icnif77:
Correction: For ATM cash withdrawals anywhere in China lower than 1000 Rmb fee is 5 Rmb. Cash ATM withdrawals at CMB from 1000 - 3000 Rmb (daily) are free, without any fee applied.
if you are not in the same city they will charge you everytime you withdraw money .. it is not so bad to have many bank account.. you will have a collection of all the banks VIP :P
I moved from Guangzhou to Shanghai and now I have two bank accounts. I would put my money on the shanghai one now but for every 100 rmb I wanna transfer they charge me 1rmb fee
so i let my money on the guangzhou account and pay very online payment and shops with this account till its empty-.-
thats stupidly retarded, i would lose a bunch of money if i would transfer it...