ZHEJIANG CHOUZHOU COMMERCIAL BANK

Opening an account in Zhejiang Chouzhou Commercial Bank Co Ltd (China)

Cost for the private persons from 0

Cost for the legal entities from 8000

Opening Term: 1 month

Remotely: yes

Zhejiang Chouzhou Commercial Bank Co Ltd (CZCB) was established in 1987. Today, the Chinese bank CZCB opens corporate accounts for companies registered in Hong Kong, foreign companies and offshore companies.

The conditions for opening an account with the Chinese bank Zhejiang Chouzhou Commercial Bank Co Ltd are individual for each client. To open an account in China, a personal visit of the director, shareholder and beneficiary of the company is required. It is possible to open an account in the Chinese bank Zhejiang Chouzhou Commercial Bank Co Ltd by visiting the bank's office. 

During a personal visit to the bank, you must provide:

  • original corporate documents of a Hong Kong company or other non-resident companies;
  • original passports and proof of address for each shareholder, director and account manager of the company.

To open an account in China it is necessary to purchase Chinese SIM cards, as the bank sends SMS only to Chinese numbers. Account management is only available online in Chinese, and a special bank token is issued. The bank provides an opportunity to open an account in Chinese yuan, which is very convenient for settlements with Chinese counterparties. To open an account in CNY, a mandatory requirement is to rent a real office in Hangzhou or Shanghai.

There is a possibility to open an account remotely in the Chinese bank Zhejiang Chouzhou Commercial Bank Co Ltd. As a rule, an online interview is conducted using the WECHAT software in English.

For more details on opening an account with a Chinese bank CZCB, please contact Maira Consult.

ZHEJIANG CHOUZHOU COMMERCIAL BANK advantages

1

Working with CNY, USD, EUR, HKD currencies

2

Fast transfers in CNY currency

3

Possibility of remote account opening

4

Accounts for offshore companies

5

Working with China

General Information

Types of accounts

Corporate accounts.

Personal visit

It is necessary to visit a branch of the bank in China for identification. Remote account opening is possible on an individual basis.

Service rates

Opening an account - 200 CNY for each type of currency. International outgoing transfer: 0.2%, min. 50 CNY.

Useful information

www.czcb.com.cn

Stages of account opening

01

Preparation of documents

To open an account with Zhejiang Chouzhou Commercial Bank Co Ltd You fill out our questionnaire and provide us with full information about your business and counterparties. Along with the questionnaire, you must provide corporate documents of the company and personal identification documents of the director and each beneficiary of the company.

02

Analysis of documents

Our specialists analyze the information and documents provided and fill out the CZCB BANK forms.

03

Submission of documents

We send the ready-made package of documents for opening an account to CZCB BANK. Next, the bank sends the original forms to the company director in any country for signing.

04

Passing verification

The company director, account manager, shareholder must visit a bank branch in China with the original documents.

05

Compliance Check

At this stage, CZCB BANK checks the client and may request additional information about the activities and source of funds.

06

Account opening

After meeting with a banker, a corporate account at Chenise bank CZCB BANK is opened within 5-10 business days and the bank issues a token. In addition to the token, 2 Chinese SIM cards are required to manage the account.

Answers to the Most Common Questions:

To open an account in a foreign bank or payment system, please contact the specialists of Maira Consult, who have many years of experience working with foreign banks and payment systems.
The standard term for opening an account in a foreign bank is 2-4 weeks, if all the necessary documents were provided to the bank and identification was completed. Opening an account in the payment system can be done in 2 weeks.
Please contact Maira Consult for a free consultation, to learn more about the requirements of opening an account in a foreign bank or payment system.

Our Contacts

Client Relations Department

+380 73 427-66-30

Address

Kyiv, 01054, Ukraine,

40B Ivan Franko St., office 207

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