Shenzhen rewards people who get a few basics right early. This guide focuses on the first practical moves that make the city easier to navigate, pay for, and enjoy from day one.
Why Open a Bank Account
Opening a bank account in China can make daily life easier, especially for receiving payments and connecting mobile payment services.
Requirements
Foreigners usually need their passport and a Chinese phone number to open a bank account.
Foreigner-Friendly Banks
Some banks are known for being more foreigner-friendly, including Industrial and Commercial Bank of China (ICBC). Bank branches may have English-speaking staff in major cities like Shenzhen.
Digital Banking
Once your account is opened, you can link it to mobile payment apps and manage many transactions digitally.