Banking

2013-11-15

Currency in China is Renminbi (abbreviated as RMB). The basic unit is Yuan and fractional currency is Jiao. RMB has different kinds of money forms of value such as 100 Yuan, 50 Yuan, 20 Yuan, 10 Yuan, 5 Yuan, 2 Yuan, 1 Yuan, 5 Jiao, 2 Jiao and 1 Jiao. Coins have such forms of values as 1 Yuan, 5 Jiao and 1 Jiao.

Bank of China, Wuhan Commercial Bank and Industrial and Commercial Bank of China are located beside the affiliated hospital on the 1st campus (Faculty of Humanities and Sciences). On the 2nd campus (Faculty of Engineering), Bank of China and China Merchants Bank are located opposite Tianyuan Restaurant; beside Ziqiang supermarket there is an Industrial and Commercial Bank of China; China Construction Bank is beside campus gate at Chagang. All those banks offer deposit and deposit withdrawal services in RMB and Foreign Currencies of various kinds. Passport and Residence Permit are needed to open an account. There are 7 currencies that can be exchanged including USD, EURO, etc.

Bank of China offers services of currency exchange (including traveler’s cheque and etc.) and deposit of RMB and foreign currencies. Passport a5nd Residence Permit need to be provided for currency exchange. For more details, please consult with banks.

  • Bank of China

    Service Phone: 027—68772828

    Location: Opposite Tianyuan Restaurant, 2nd campus (Faculty of Engineering), Wuhan University

    Working time: 8:30 am—16:30 pm, Monday to Sunday

    Deposit and withdrawal services of GBP, Hong Kong dollar, USD, EUR, JPY, CAD, AUD and CHF

  • Industrial and Commercial Bank of China

    Service phone: 027—68775745

    Location: Beside Ziqiang supermarket, 2nd campus (Faculty of Engineering), Wuhan University

    Working time: 8:30 am—16:30 pm, Monday to Sunday

    Deposit and withdrawal services of USD, Hong Kong dollar and JPY

  • China Construction Bank

    Service Phone: 027—68776489

    Location: on the left of the gate of Chagang, 2nd campus (Faculty of Engineering), Wuhan University

    Working time:8:30 am—16:30 pm,Monday to Sunday

    Services for foreign currencies are not available China Merchants Bank

  • China Merchants Bank

    Service phone: 027—68775535

    Location: Opposite Tianyuan Restaurant, 2nd campus (Faculty of Engineering), Wuhan University

    Working time: 8:30 am—16:30 pm,Monday to Sunday

    Service offer: Only ATM is available

  • China Merchants Bank (Shuiguohu Branch)

    Service Phone: 027—87277572

    Location: No.6, Dongyi road, Shuiguohu, Wu Chang District, Wuhan City

    Deposit and withdrawal services of USD, EUR, JPY and Hong Kong dollars

    24-hour service of ATM is available for all the banks above.