How can foreigners open a bank account in China?
Opening a bank account in China is a process that requires some paperwork and time to spend in the Chinese bank.
There are a few requirements to follow to make sure that foreigners can effectively open a bank account:
- Must possess a valid passport.
- A work permit is usually required. We say usually because there are still some banks that can help to open a bank account with a different visa, but we suggest checking directly with the bank for more information.
- Copy of residence permit. The expiration date should be more than 1 month.