Banking and Making Payments in China

From ChinaExpat.Wiki

Banking in China can be quite a difficult process at the best of times. If you are living in China on the correct visa it helps out a lot. If you are not on the proper visa for your situation, or you are not living in China, then things become more difficult. Larger banks are also the way to go as many small banks struggle with the processes behind working with non-Chinese people.

Establishing a Bank Account in China[edit | edit source]

The best banks to deal with in China as a foreigner are:

Making Payments Within China[edit | edit source]

With the explosive growth of mobile payments in China, cash and bank cards have become old hat. Credit cards, of any sort, have never been very popular in China and tend to be difficult to use outside of high-end establishments and businesses targeting foreigners.