Banks in China

Banks operating in China. Compare branches, ATMs, and see options for students and tourists.

Overview

Banking System in China

The banking system in China is regulated by local financial authorities and offers a mix of local and international banks. Whether you're a resident, student, expat, or tourist, understanding the banking landscape in China is essential for managing your finances effectively.

Most banks in China offer standard services including current accounts, savings accounts, credit cards, loans, and international money transfers. Many banks also provide specialized services for students, expats, and businesses operating in China.

When choosing a bank in China, consider factors such as account fees, minimum balance requirements, ATM network coverage, online banking capabilities, and eligibility requirements for non-residents. Learn more about opening a bank account in China as a foreigner.

Banks Operating in China

Bank	HQ
EN Emirates NBD	United Arab Emirates	View profile
IB ICICI Bank	India	View profile
IG ING Group	Netherlands	View profile
KB KB Kookmin Bank	South Korea	View profile
NO Nordea	Sweden	View profile
OB OCBC Bank	Singapore	View profile
SB Standard Bank	South Africa	View profile
I( Industrial and Commercial Bank of China (ICBC)	China	View profile
AC Agricultural Bank of China	China	View profile
CB China Construction Bank	China	View profile
BC Bank of China	China	View profile
HS HSBC	United Kingdom	View profile
BP BNP Paribas	France	View profile
MB MUFG Bank	Japan	View profile
BA Barclays	United Kingdom	View profile
CI Citibank	United States	View profile
CA Crédit Agricole	France	View profile

Full list of banks in China

Account Types and Payment Methods

Banks in China typically offer several account types:

Current Accounts: For everyday banking, bill payments, and direct debits. Often come with debit cards and online banking access.
Savings Accounts: For earning interest on deposits. Interest rates vary by bank and account type.
Student Accounts: Special accounts for students with reduced fees and simplified requirements. See student-friendly banks in China.
Business Accounts: For companies and entrepreneurs operating in China.

Payment methods commonly used in China include debit cards, credit cards, bank transfers, and mobile payment apps. Many banks offer contactless payment options and mobile banking apps for convenient transactions.

Banking Safety and Deposit Insurance

Bank deposits in China are typically protected by deposit insurance schemes that cover a certain amount per depositor per bank. This protection helps ensure the safety of your funds in case of bank failure.

When choosing a bank, verify that it is licensed and regulated by the appropriate financial authority in China. Licensed banks are required to meet capital requirements and follow strict regulatory standards to protect depositors.