Banking in Guangzhou

The monetary unit in China is the RMB (or yuan). Rates fluctuate a bit, but are generally pretty stable (8.2 to 8.3 RMB per US $1). This may change as China moves to make to RMB fully convertible in next few years.
ATM machines are available all over, and many will work with your bank account from home. Visa and Mastercard are widely accepted at places frequented by foreigners, though most transactions in smaller stores are cash only. There are no checking accounts.
Expats can open a bank account at most of the Guangzhou banks although the transfer of currencies is usually limited to certain amounts. China does have strict laws on currency import and export and if you are going to move sums of cash in or out China in excess of $5,000, at the airport you'll be required to show documentation and receipts for the currency exchanges and/or requirement to carry that amount.

Bank information


HSBC

Add: 148 Dongfeng Xi Lu
Tel: 8136-3888 ext 1914
Bank of China
Add: 197 Dongfeng Xi Lu
Tel: 8333-8080

Bank of China

(HK$ can be withdrawn from this ATM)
(HK$ can be withdrawn from this ATM)
Add: Garden Hotel, Huanshi Dong Lu, Guangzhou
Tel: 8333-8989 ext 3161

Bank of China

Add: 1/F GITIC, 339 Huanshi Dong Lu
Tel: 8331-1070

Bank of China Guangdong Branch

Website:
www.bank-of-China.com
Email: bocgd@bank-of-China
BOC Guangzhou Service Center: 955666

Guangdong Development Bank

Website:
www.gdb.com.cn
Add: 3 Lu Jing Lu, Baiyun District, Guangzhou
Tel: (20) 8357 3788

ICBC Guangdong Branch

Website:
www.icbc.com.cn
Email: gdwebmaster@icbc.com.cn
24 Hour Hotline: 95588
Bank of East Asia
Website:
www.hkbea.com

Add: 1/F, Metro Plaza, 183 Tianhe Bei Lu, Tianhe District, Guangzhou
Tel: 8755-1138

Agricultural Bank of China

Website:
www.abchina.com
Add: 11 Baqi Er Ma Lu, Dongshan District
东山区八旗二马路11卿br /> Tel: 8386-1188

Hang Seng Bank

Website:
www.hangseng.com
Add: 1/F, CITIC Plaza, 233 Tianhe Bei Lu, Tianhe District, Guangzhou
广州天河区天河北赿33号中信广嚿br /> Tel: 8752-0008

HSBC

Website:
www.hsbc.com.cn

Add: Room 105-108, HSBC Guangzhou Building
148-9 Dongfeng Xi Lu, Guangzhou
广州东风西路148-9号广州汇丰大匿05~108卿br /> Tel: 8136-3888
Fax: 8136-2061

CITI BANK

Website:
www.citibank.com.cn
Add: 7201-7202, CITIC Plaza, 233 Tianhe Bei Lu, Tianhe District, Guangzhou
广州天河区天河北赿33号中信广嚿201-7202
Tel: 3877-1333

China Construction Bank

Website:
www.ccb.com.cn

Add: 509, Dongfeng Zhong Lu, Dongshan District
东山区东风中赿09
Tel: 8360-8888