
Zhejiang Chouzhou Commercial Bank offers a range of commercial bank accounts to suit different business needs.
Their business current accounts come with a minimum deposit requirement of 1,000 CNY, and a monthly maintenance fee of 100 CNY if the balance falls below 5,000 CNY.
Businesses can also apply for a business savings account, which requires a minimum deposit of 10,000 CNY and earns an interest rate of 2.5% per annum.
For larger enterprises, Zhejiang Chouzhou Commercial Bank offers a corporate account with a minimum deposit requirement of 100,000 CNY.
Account Opening
Opening an account with Zhejiang Chouzhou Commercial Bank is a relatively straightforward process.
You'll need to meet with a banker to get started, and they'll help you set up a corporate account within 5-10 business days.
The bank will issue a token as part of the account opening process, which is an important part of managing your account.
To fully manage your account, you'll also need to obtain 2 Chinese SIM cards.
Account Opening Terms
Opening a corporate account at Chenise bank CZCB BANK is a relatively quick process, taking around 5-10 business days.
A meeting with a banker is the first step, after which the account is set up.
You'll receive a token from the bank as part of the account opening process.
To manage your account, you'll need two Chinese SIM cards, in addition to the token.
Submission of Documents
To open an account, you'll need to submit some documents.
The bank will send you a package of documents, which you'll need to review and prepare.
You'll then send the original forms back to the bank for processing.
The bank will send these original forms to the company director in any country for signing.
Pre-Opening Process
The pre-opening process for Zhejiang Chouzhou Commercial Bank was a complex and meticulous task. It involved a thorough review of the bank's business plan, which outlined its mission, vision, and goals.
The bank's business plan was developed by a team of experienced professionals, including its founder, Chen Xiaoping. Chen's vision for the bank was to provide high-quality financial services to small and medium-sized enterprises in Zhejiang Province.

The bank's business plan also outlined its target market, which was identified as small and medium-sized enterprises in the manufacturing and trading sectors. These businesses were seen as having great potential for growth and development.
To support its target market, the bank planned to offer a range of financial products and services, including loans, deposits, and payment services. It also planned to establish a network of branches and sub-branches across Zhejiang Province.
The pre-opening process also involved the establishment of the bank's organizational structure, including its board of directors, management team, and staff. The bank's board of directors was responsible for overseeing the bank's overall strategy and direction.
The bank's management team was responsible for implementing the bank's business plan and overseeing its day-to-day operations. The staff were responsible for providing high-quality financial services to the bank's customers.
The bank's pre-opening process was completed in 1996, and it officially opened its doors to the public on January 1, 1997.
Account Information

Zhejiang Chouzhou Commercial Bank offers a variety of account types to suit different needs.
The bank's corporate savings account is designed for businesses, providing a safe and efficient way to manage finances.
Minimum deposits for the corporate savings account are 100,000 CNY.
Personal savings accounts are also available, with no minimum deposit requirement.
The bank's online banking platform allows customers to manage their accounts and conduct transactions from anywhere.
Bank Information
You can find your Zhejiang Chouzhou Commercial Bank Co., SWIFT code on your bank statement, by logging into your online banking account, or by contacting Zhejiang Chouzhou Commercial Bank Co., directly.
The SWIFT code is crucial for international transfers, ensuring a secure and efficient transfer process.
It's often listed on the official Zhejiang Chouzhou Commercial Bank Co., website under banking information or help sections.
Sources
- https://maira-consult.com/en/services/accounts/vidkryty-rakhunok-u-kytayskomu-banku-czcb-bank
- https://ru.wikipedia.org/wiki/Zhejiang_Chouzhou_Commercial_Bank
- https://www.lawinsider.com/clause/guarantee-contract-of-maximum-amount-for-zhejiang-chouzhou-commercial-bank-co
- https://qonto.com/en/swift-codes/countries/china/hangzhou/zhejiang-chouzhou-commercial-bank-co
- https://gsl.org/en/offshore/banks/zhejiang-chouzhou-commercial-bank/
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