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As a city developing at a high speed, Guangzhou is equipped with a large number of banks, both International and national. Banks in Guangzhou are open from Mondays to Fridays, from 9 a.m. until 6 p.m. Chinese banks in the downtown areas are often open on Saturdays and Sundays so International students can convert foreign currency at weekends.
International banks
SICAS has 2 International banks in recommendation.
Citibank
As for cross-border transfer, International students can turn to Citibank Global Transfer (CGT). Its characteristics are as follows:
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Instantaneous
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Convenient
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Inexpensive
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No Paperwork
Currently CGT to China is available from the following countries.
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Remitting Region
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Remitting Country
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North America
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U.S.
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Canada
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Europe
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Belgium
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U.K.
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Germany
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Spain
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Greece
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Turkey
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IPB Europe
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Asia
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Hong Kong
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Guam
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India
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Indonesia
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Korea
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Pakistan
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Phillippines
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Singapore
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Taiwan
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Middle East
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UAE
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Bahrain
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Location: Room 7201-7202, Office Tower. CITIC Plaza, No. 233 Tianhe Bei Road, Tianhe District
Tel: +86 20 3877 1333-1166
HSBC
International students can turn to ATM when banks are closed. HSBC is one of the few transnational banks that offer ATM service in China. There're three HSBC ATMs in Guangzhou:
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Location
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1
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Ground Floor, Dong Bao Building
No.767 Dong Feng Dong Road
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2
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Hotel Landmark Canton
G/F Block B, Hotel Landmark Canton, No. 8 Qiao Guang Road
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3
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Guangzhou Baiyun Intl Airport ATM
Terminal Building Arrival Area A, Guangzhou Baiyun Internation Airport
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They're all 24 hours accessible.
People are using ATM in Guangzhou.
National Banks
International students can also go to 5 state-owned commercial banks in China dealing business. They're Industrial and Commercial Bank of China (ICBC), China Construction Bank (CBC), Bank of Communications (BC), Agricultural Bank of China (ABC) and Postal Savings Bank of China (PSBC).
SICAS Reminder
The 5 state-run commercial banks were named due to historical reasons. They can provide all kinds of banking services for International students. SICAS can assure you!
Their phone numbers and official websites are as follows:
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Name
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Tel
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Website
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ICBC
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95588
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http://www.icbi.com.cn
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CBC
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95533
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http://www.ccb.com.cn
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BC
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95559
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http://www.bankcomm.com
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ABC
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95599
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http://www.abchina.com
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PSBC
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95580
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http://www.psbc.com
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What's more, you can seek help from SICAS as well. Please e-mail to service@sicas.cn
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