1. I recently went to open a bank account at China Merchant’s Bank (招商银行)and was told I need to provide a Chinese personal tax ID number (个人纳税号)in addition to the passport I’d brought along. I have no idea what it is, and since it was the weekend I couldn’t ask my company’s finance dept. Is this a new regulation for all banks?

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    Hi Yoshiko, we’ve asked our company’s Finance Department (who work with China Merchant Bank) and they don’t understand this. I certainly wasn’t asked for it when I opened my account there. We’ll continue investigating, but sometimes you get a different answer if you go on a different day and ask a different person… Might be worth trying again, and we’ll update here if we discover anything further!

  3. Hi Andrew! Thanks for looking into this– I’m planning to go try a Bank of China to see if they require it too. I’ll report back when I do, in case this really is (or isn’t) a new requirement!

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