Jinxu Corp

Bank Account Opening

Open a Corporate Bank Account in Yiwu

We introduce you to foreign-friendly banks in Yiwu and prepare every document your application needs — giving you the best chance of a smooth, fast approval.

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What's Included

Our Bank Account Service

  • Assessment of which bank is best suited to your company type and nationality
  • Introduction to a relationship manager at a foreign-friendly bank branch
  • Complete preparation of all required application documents
  • Translation and organization of overseas documents
  • Accompaniment to the bank appointment (if requested)
  • Follow-up with the bank on your application status
  • Guidance on how to use the account for cross-border transactions

Process

How It Works

01

Bank selection

We review your company structure and nationality to recommend the most suitable bank. Not every bank handles every nationality equally — we know which ones are most approachable for your situation.

02

Document preparation

We prepare and organize all required application materials, including company documents and translated overseas materials.

03

Bank appointment

We arrange the appointment with the bank. The legal representative attends in person for identity verification. We can accompany you if you'd like support.

04

Account activation

Once approved, we guide you through activating online banking and setting up the account for international transfers.

Timeline

Document preparation: 3–5 days. Bank review and approval: 1–3 weeks depending on the bank. In-person visit is required.

Pricing

Flat-fee service. Often bundled with company registration. Contact us for a quote.

FAQ

Common Questions

Which banks in Yiwu work well with foreign-owned companies?
Several major banks in Yiwu have experience with foreign-invested enterprises, including Bank of China, Industrial and Commercial Bank of China (ICBC), and China Merchants Bank. We have working relationships with branches that are familiar with the WFOE documentation requirements.
Do I need to be in China to open the corporate account?
In most cases, the legal representative (or an authorized signatory) must be present in person at the bank branch for identity verification and signature. Remote account opening is not currently standard practice for corporate accounts in China.
How long does bank account opening take?
After submitting a complete application, most banks process corporate account applications within 1–3 weeks. Approval timelines vary by bank and by the complexity of your company structure.
What documents are required?
Typically: original business license, company chops, legal representative's passport (and Chinese visa/residence permit if applicable), shareholder documents, and completed bank application forms. We prepare and organize all required documents for you in advance.

Ready to Open Your Corporate Account?

Get in touch — we'll guide you through every step of the banking process.

Book a Free Consultation