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Originally Posted by kenny3004
Bro. Is there any restriction to open a china bank account? Need to be a work permit holder?
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No restriction and no working permit required to open bank account in China.
Quote:
Originally Posted by kenny3004
I nearly had my money confiscated last trip to zhuhai via Macau. I carry in RMB200,000. Got checked that day. Pleaded ignorance as there was no sign displaying amount that can be taken in or out. Custom let me off with a warning but I cannot take the money in. Left it at their custodian till I come back to claim after stay. Each day pay RMB200 for safe keeping.
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This is strange as I think there's no limit on how much you can bring into China.
However you can only bring ¥20,000 or US$5000 out of China.
Any amount more than that must declare.
Quote:
Originally Posted by kenny3004
Sinkapore and Bolehland need to have work permit before allowing you to open bank account.
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Some banks in Thailand also require you to have a work permit before they allow you to open a bank account.
However Thailand bank policies differ from branch to branch.
Some allow you to open bank account without work permit.