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China, can I open a bank account in a foreign country?
The Measures for the Administration of Bank Cards have corresponding provisions on this:
Thirtieth units of foreign currency card account funds should be transferred from its foreign exchange account deposit, foreign currency cash shall not be deposited in China. Its foreign exchange account shall meet the following conditions:
(a) in line with the relevant provisions of the people's Bank of China on the management of domestic foreign exchange accounts;
(2) The foreign exchange account has corresponding payment contents within its income and expenditure scope.
Extended data:
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Relevant laws and regulations of the Measures for the Administration of Bank Cards:
Article 35 Bank deposit business refers to inter-bank deposit and exchange of funds between financial institutions, among which depositors are the only financial institutions qualified to absorb deposits. Interbank deposit business is divided into settlement interbank deposits according to term, business relationship and purpose.
Inter-bank lending refers to the inter-bank capital lending business given by the current laws and regulations to financial institutions with this business scope. Inter-bank lending related funds are accounted for in the subject of "lending and borrowing funds".
Article 36? Inter-bank payment refers to the financing behavior that commercial banks (trustees) accept the entrustment of financial institutions (customers) to pay corporate customers, and customers repay the principal and interest on the agreed repayment date.
Baidu Encyclopedia-Bank Card Management Measures
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