How to Open a Bank Account in China? What Documents Are Required?

Document Preparation

1. Valid passport

2. Proof of residence: e.g. Residence Permit for Foreigners of the People's Republic of China, valid for more than 1 year.

3. Proof of residential address: e.g. rental contract, utility bill, etc.

4. Proof of employment or study: may be required by some banks.

5. Other documents: Individual account opening application form, tax resident status declaration document, etc. may be required.

Account opening process

1. Choose a bank, such as Industrial and Commercial Bank of China (ICBC), Bank of China (BOC), etc.

2. Go to the bank branch, submit the above documents and fill out the relevant forms.

3. Sign the account agreement after the bank's approval.

4. Receive your bank card and account information.

It is recommended to consult the specific requirements of the local bank by phone in advance.