Can foreign branches open bank accounts in Zhengzhou?

Yes Conditions for foreign branches to open bank accounts in Zhengzhou:

1. This branch has obtained the business license issued by Zhengzhou Administration for Industry and Commerce. Branch business license, organization code certificate, tax registration certificate and ID card of the person in charge of the branch. Written authorization of the head office to open a bank settlement account in Zhengzhou XX Bank. The Head Office applies in writing to open a branch account with Zhengzhou XX Bank. Original business license, organization code certificate, tax registration certificate, corporate identity card and account opening permit of the head office.

2. The branch has obtained the business license issued by the foreign administrative department for industry and commerce. Basic account is allowed to open in Zhengzhou, but only if basic account is not opened in other areas. The materials to be provided are the same as those in Article 1. If there are already basic deposit account in different places, you can open a temporary account (you can withdraw cash) if you can provide the business license of the local administrative department for industry and commerce, and you can only open a general account (you can't withdraw cash) if you can't obtain the business license, and provide the original license for opening an account in basic deposit account.

3. The branch company has no business license. To open a temporary account in a different place in the name of a branch, it is necessary to provide the business license of the local administrative department for industry and commerce, the relevant documents of the head office on the establishment of the branch, and the power of attorney of the legal representative to the person in charge of the branch. To open a special account in a different place in the name of a branch, the head office must issue relevant certificates, and the funds shall be used for special purposes, and shall not be used for other purposes, or the funds collected shall be used for other purposes, and the bank can approve the account opening only after examination.