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Xanthos

Joined: 14 Nov 2005 Posts: 151 Location: Beijing
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Posted: Wed Jun 01, 2011 3:06 pm Post subject: Best Bank for Foriegn Teachers? |
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From what I have gathered from various posts on Daves ESL, the Commercial Bank of China is the best for us English teachers. Is this correct?
I'm done with Bank of China and they're slow, clunky, limited service. |
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7969

Joined: 26 Mar 2003 Posts: 5782 Location: Coastal Guangdong
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Posted: Wed Jun 01, 2011 3:28 pm Post subject: Re: Best Bank for Foriegn Teachers? |
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Xanthos wrote: |
From what I have gathered from various posts on Daves ESL, the Commercial Bank of China is the best for us English teachers. Is this correct?
I'm done with Bank of China and they're slow, clunky, limited service. |
how did you gather that? a few posts on this site? what you read here is not representative of most esl teachers, just the few that browse this site regularly.
there is no "best" bank. you had bad experiences with one or two branches of one bank, others will be happy with it. same in any country. most of the time people don't even set foot in a bank any longer, your salary gets deposited, and you do your banking via ATM. only time i even go inside a branch anymore is to wire money home, and i only need to do that once a year. try another bank. CCB works for me. |
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marmot
Joined: 22 Apr 2011 Posts: 14 Location: Shanghai
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Posted: Thu Jun 02, 2011 5:58 am Post subject: |
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I'm pleased with the services at Merchant's Bank of China and HSBC.
When I first arrived here I opened up an account through Agricultural Bank of China, only because they also offered Western Union. What a mistake that was! Horrible service all around and I quickly left. |
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Xanthos

Joined: 14 Nov 2005 Posts: 151 Location: Beijing
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Posted: Thu Jun 02, 2011 6:14 am Post subject: |
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Could anyone say what is better about Merchants Bank of China compared to Commercial Bank of China (or vice versa)? |
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askiptochina
Joined: 26 Feb 2010 Posts: 488 Location: Beijing
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Posted: Thu Jun 02, 2011 11:58 am Post subject: |
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I see more ICBC banks around. So, if you want accessibility, I would go with them. |
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7969

Joined: 26 Mar 2003 Posts: 5782 Location: Coastal Guangdong
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Posted: Thu Jun 02, 2011 12:35 pm Post subject: |
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I recommend China Constuction Bank for personal banking.... but as for your salary, that may depend on your school. |
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The Great Wall of Whiner

Joined: 29 Jan 2003 Posts: 4946 Location: Blabbing
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Posted: Thu Jun 02, 2011 2:14 pm Post subject: |
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Don't tell 7969, but I agree with her/him.
Different branches and cities will have different levels of service.
I use China Post during the least busiest time of the day. |
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dharma86
Joined: 05 May 2009 Posts: 187 Location: Southside baby!
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Posted: Mon Jun 13, 2011 1:35 pm Post subject: |
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I think China Construction Bank has the most branches and ATMs |
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askiptochina
Joined: 26 Feb 2010 Posts: 488 Location: Beijing
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Posted: Tue Jun 14, 2011 4:43 am Post subject: |
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What about depositing money? Is it normal to charge a fee? If you go to an ATM machine after hours, can you expect to be charged at any bank? I can understand withdrawals but I was surprised when I deposited money into one bank. |
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eslteach
Joined: 28 Sep 2010 Posts: 94
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Posted: Tue Jun 14, 2011 11:28 am Post subject: |
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Do any of the banks offer international credit cards? |
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