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Setting Up a Bank Account

Below are the banks near PKU where you can set up a bank account upon your arrival:

Bank of China ( 中国银行 )  - most recommended

1 minute walking distance from the Southwest Gate


Bank of Beijing ( 北京银行 )

2 minutes walking distance from the East Gate


China Construction Bank ( 中国建设银行 )

5 minutes walking distance from the South Gate


Industrial and Commercial Bank of China ( 中国工商银行 )

On campus


Agricultural Bank of China ( 中国农业银行 )

On campus

 

It is required that you present your passport and a Certificate of Approval, which you may get from the PKU International Students Division, to the bank staffs when you open a bank account  or exchange currencies. In addition to that, remember to apply or ask for a UnionPay Card.

The UnionPay Card functions as a Debit Card, it enables you to transfer money from your saving/checking account directly to the recipient's account and it is commonly used in Beijing.

Students are recommended to first open a bank account in Beijing, convert foreign currencies into RMB, and then make their tuition payment to PKU via Bank Card.



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