Ben Chuanlong Du's Blog

It is never too late to learn.

Banking Account

Things on this page are fragmentary and immature notes/thoughts of the author. Please read with your own judgement!

HSBC

No international transaction fee if you transfer money to another (international) HSBC bank account.

BOA

To be exempt from monthly managing fees, Checking account > \(10,000 Money Market savings account >\)5,000 Regular savings account > $300

Chase

$1500 minimum daily balance for Chase Total Checking $300 minimum for Chase savings

Discover

Discover can be used as China Bank Union without foreign transaction fees

  1. Deposit checks as soon as possible. Never sit checks in yoru pocket as they are not yours until you deposit them into your bank account.

China Merchant Bank

SWIFT code for banks in China main land: CMBCCNBS

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