Is it really possible to open bank account in China without a permanent address - does it mean the card is provided on the spot?
Asking because my WeChat account got blocked: How to unlock WeChat money as a foreigner in China?
Doing research on how to open a bank account.
- https://www.saporedicina.com/english/open-bank-account-china/
- https://transferwise.com/gb/blog/opening-a-bank-account-in-china
- https://www.travelchinacheaper.com/open-china-bank-account
None of these three articles mention an address.
Does it mean that the AliPay card is provided right there on the spot?
Best Answer
Yes, you can open a Chinese bank account and get the card as a foreign traveler. The detailed steps are described in this answer but to summarize (and add a little bit more detail):
- You need the passport and a valid Chinese phone number.
- Depending on banks, you need initial deposit. Usually 5 or 10 CHY cash is fine.
- You need an address to fill in, but the hotel or Airbnb is fine.
- The whole process takes 30 to 60 minutes.
The bank card is provided on the spot, which you can register to your WeChat account.
I recommend opening a bank account at one of four big banks. However, the Bank of China does not allow non-residents to open a bank account.
Also, if you don't speak Chinese, go to a branch at city center in 1st-tier cities.
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Can I open a bank account without proof of address?
Proof of address and identity are usually needed to open a current account. This can prove a particular problem if you've been living abroad or have no credit history. If you're unable to open a current account, a basic bank account could still be an option.Can a non-resident open a bank account in China?
If you're looking for a more personal bank account in China, you must be a resident of the Country. Non-resident foreigners looking to open a Chinese bank account need to do so through the context of overseas business or currency exchange.How can a foreigner open a bank account in China?
How can foreigners open a Bank Account in China\uff1fCan I open a bank account online with Bank of China?
It's worth noting that it's virtually impossible to open a bank account in China remotely. You'll need to be physically present in the bank in order to open an account.How to open a bank account in China as a foreigner! Simple Steps!
Sources: Stack Exchange - This article follows the attribution requirements of Stack Exchange and is licensed under CC BY-SA 3.0.