Banks in Hefei

[Aussie Mike]

These are the bigger banks in Hefei although there are others.
The link is to the national websites and the address is the head offices in Hefei.
We can assist you to set up accounts.

Bank of China
Address: 313 Changjiang Zhonglu, Hefei
Tel: 0551-2641419

China Construction Bank
Address: 431 Meiling Dadao, Xishi District, Hefei
Tel: 95533

China Everbright Bank
Address: 258 Wuhu Lu, Hefei
Tel: 95595

Industrial and Commercial Bank of China
Address: 189 Wuhu Lu, Hefei
Tel: 95588

China Merchants Bank
Address: Jincheng Building, 436 Changjiang Zhonglu, Hefei
Tel: 0551-2827336

Agricultural Bank of China
Address: 166 Jinzhai Lu, Xishi District, Hefei
Tel: 95599

[Harmony]

Is there any place that I can withdraw money from my American account via an ATM? I have yet to find an ATM that takes a Visa or Matercard from the states.  I have been told that Citi-bank, Bank of America and JP Morgan/Chase are in China but I have not been able to locate them here or on-line in China.

Thanks- Harmony

[Aussie Mike]

Nearly all Bank of China ATM's accept most cards.

[Phanimanon]

Hello:

Just got to Hefei a few days ago for work and will be around for a month.  I have some cash that I thought I would exchange but using a debit card might be easier; won't have to talk to anyone. For exchange rates and such which bank is the best to use?  Or more simply put, what bank would you recommend using.

Thanks,

PS. I have found this community/website very useful and friendly and I appreciate all of the useful info contained here.

[Aussie Mike]

I found the "Bank of China" has most services in China and abroad.

You can also set-up a foreign currency account. e.g. money from any country in any currency deposited is automatically converted to to the account currency, mine is Australian dollars.

You can link this with a BOC standard RMB account and transfer via internet banking. Handy for fluctuating currency.

The Construction Bank and BOC were the first banks to float on the international markets. Also, these banks usually have an English speaker available, although limited at times.

[ghho]

Hi, i'm going to Hefei next month and i plan to bring with travel cheque.
I plan to change from the travel cheque to RMB and deposit to my local friend account.
It is possible for foreigner to deposit the money to local account? any restriction?

[Aussie Mike]

None, just present your passport.