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Posted

My new school uses CITIC bank to pay employees.  I have opened an account there but have found that their services are pretty limited.  They have told us that it is not possible to open a foreign currency account, that we can only transfer 2,000 rmb a day (most banks allow at least 5,000).  This is odd, because 4 years ago, when I was in BJ, the CITIC bank had a table in a local mall.  I was talking to them about their services, and at that time (or at least in Beijing) they had a very attractive array of services.  Has anyone else had this experience?

Posted

Open an account with ICBC instead and transfer your money when you get paid. 

 

I also have an account with CMB that I hardly ever use... the most useful thing about that account is that I could use my ATM card to withdraw GBP from Barclays and ASDA ATMs when I was back home in the UK.  For some reason my ICBC card never worked.

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