Banking
- The basic unit of Chinese currency is the Yuan or Renminbi (People’s currency) abbreviated RMB. The yuan is divided into 10 jiao or mao. The jiao is divided into 10 fen. Chinese currency is available in 100, 50, 20, 10, 5 and 1 yuan notes.
- A limited number of Automatic Teller Machines (ATMs) that accept foreign credit cards.These machines issue withdrawals in Chinese currency only.
|
|
 |
Since 2007, four banks in Guangzhou have launched VIP services for private depositors. Three, including the HSBC, the Transportation Bank and the BEA are located inside premium offices on Tianhe Bei Lu. The ICBC is hidden in a branch at Dashatou. |
 |
Residents in China will soon have more choices for bank cards as more foreign banks, including HSBC, Citibank, and Standard Chartered, are preparing to open RMB deposit businesses in the country, a recent report by the Beijing Business News said. |
 |
Guangzhou Commercial Bank was established in September 1996. It is the only shareholding
commercial bank owned by government. |
 |
Dresdner Bank AG is one of Germany's largest banking corporations and is based in Frankfurt |
| Chinese BanksForeign Banks |
|
 |
VIP Service in Four Private Guangzhou Banks |
 |
Eat Cantonese Snacks and Savor Chinese Traditional Culture |
|
|
