Last updated on Feb 28, 2012

When in Rome, do as the Romans do. When you stay in the city, you should have enough yuan -- China's official currency -- to maintain your daily expenses, rent, food, clothes and incidentals. Some people will say US dollars are accepted in some places here. It won't be convenient for you to live your life depending on US dollars. You'll constantly be looking for somewhere to exchange your dollars for yuan. Except some hotels, resorts or places only for foreigners, you cannot use US dollars or other foreign currencies directly in the city.

You can exchange the currency over the counter at some banks in the city and can easily open a personal account with your passport. Of course, you can use your credit cards in most of the Suzhou shops, but groceries (bought in grocery stores), rents or other bills will be collected in cash.

Suzhou has a lot of banks and financial companies, both domestic and overseas, which may offer you a series of financial services. Their branches are available all around the city.

Retail branches and ATMs

Branches, sub-branches and ATMs are everywhere in the city, especially in downtown. You will easily find a dozen in the area where you live. If you use bank cards, you can deposit or get cash in yuan everywhere and any time in the city. Some will charge fees for the services.

You can get the address of the specific branches or ATMs of your favorite banks from their official Websites, Google local guidance or just by dialing the customer service hotline.

Money transfer

To transfer money gained here to your home country is a technical job. You should seek help from law firms or accounting firms. First of all, you should obey Chinese laws and provide proofs of employment and personal income and tax bills. In some conditions, a foreigner needs to pay tax and some service charges. It’s better for you to make a plan with help from a lawyer or accountant on your money transfer project.

Click here for the official Website of China’s State Administration of Foreign Exchange, which rules your money transfer from Suzhou to your designated place. An English version is available.

Contact details of the Suzhou Branch of the administration

Address: No.17-19, Shishan Road, Suzhou, Jiangsu Province, 215011

Contact numbers:
International Receipts and Payments Department: 0512-68241926
Current Account Management Department: 0512-68253736
Capital Account Management Department: 0512 68251947 68250256

Chinese Banks

The Industrial and Commercial Bank of China (ICBC)
Suzhou Branch: 66 Changxu Road, Suzhou.
Suzhou New District Sub-branch: 15 Shishan Road, Souzhou New District, Suzhou.
Changmen Sub-branch: 2 Shi Road, Suzhou.
Daoqian Sub-branch: 110 Renmin Road, Suzhou.
Pingjiang Sub-branch: 17 Xibei Street, Suzhou.
Suzhou Industrial Park Sub-branch: Room 1, Building 1A, Xindu Square, Suzhou Industrial Park.
The Lingering Garden Sub-branch: 1 Huqiu Road, Suzhou.
Guanqian Sub-branch: 222 Guanqian Street, Suzhou.

Agricultural Bank of China (ABC)
Suzhou Branch: Floor 4, 3 Beiju, Suzhou.
Suzhou New District Sub-branch: 21-23 Shishan Road, Suzhou.
Suzhou Industrial Park Sub-branch: 8 East Ganjiang Road, Suzhou.
Wujiang Sub-branch: 1 South Luxiang Road, Suzhou.
Wuzhong sub-branch: 143 North Wudong Road, Wu Town, Suzhou.

Bank of China
Suzhou Branch: 188 West Ganjiang Road, Suzhou.
Pingjiang Sub-branch: 490 renmin Road, Suzhou.
Canglang Sub-branch: 430 Zhuhui Road, Suzhou.
Jinchang Sub-branch: 31 Shi Road, Jinchang District, Suzhou.
Suzhou Industrial Park Sub-branch: 328 East Ring Road, Suzhou.
Suzhou New District Sub-branch: 29 Shishan Road, Suzhou New District, Suzhou.

China Construction Bank
Taohuawu Sub-branch: 31 Taohuawu Avenue. 67275162
Suzhou Industrial Park Sub-branch: 268 Wangdun Road, Suzhou Industrial Park, Suzhou.
Ganjiang Sub-branch: 879 East Ganjiang Road, Suzhou.
Suzhou New District Sub-branch: 27 Shishan Road, Suzhou.

Bank of Communications
Suzhou Branch: 274 Shizi Street, Suzhou. 65188666.
Tuanjie Bridge Sub-branch: 73 South Renmin Road, Suzhou. 65282702.
Shi Road Sub-branch: 112 Jinmen Road, Suzhou. 65334580.
Pingjiang Sub-branch: 382-392 Renmin Road, Suzhou. 65113832.
Suzhou New District Sub-branch: Floor 1, Huafu Building, Shishan Road, Suzhou. 68246039.
Suzhou Industrial Park Sub-branch: 2 Zhongxin Road, Suzhou. 62888501.
Jinjihu Road Sub-branch: 199 Jinjihu Road, Suzhou. 67249207.
Suzhou University Sub-branch: Inside the campus of Suzhou University. 67417931.
South Gate Sub-branch: 28 Renmin Road, Suzhou. 65290685.

Citic Industrial Bank
Suzhou Branch: 188 Zhuhui Road, Suzhou.
Suzhou New District Sub-branch: Zhongchuang Building, Shishan Road. 68256638.
Shishan Sub-branch: 88 Jinshan Road, Suzhou New District, Suzhou. 68256168.
Suzhou Industrial Park Sub-branch: 88 Jinjihu Road, Suzhou. 67614496.

Hua Xia Bank
Suzhou Sub-branch: 18 Jiuxueqian Road, Suzhou. 67273835.
Suzhou New District Sub-branch: 16 Shishan Road, Suzhou New District, Suzhou. 68256168.
Suzhou Industrial Park Sub-branch: 118 Jinjihu Road, Suzhou Industrial Park, Suzhou. 62529505.

Shanghai Pudong Development Bank
Suzhou Branch: 1478 Renmin Road, Suzhou. 67208070.
Suzhou Industrial Park Sub-branch: 163 Xinghai Street, Suzhou Industrial Park, Suzhou. 67610695.
Canglang Sub-branch: 477 Zhuhui Road, Suzhou. 65262713.
Wuzhong Sub-branch: 105 North Dongwu Road, Suzhou. 65635198.
Jinchang Sub-branch: 483 Changxu Road, Suzhou. 68656883.
8 Shishan Road, Suzhou New District, Suzhou. 68252471.

China Merchants Bank
Suzhou Sub-branch: 128 Sanxiang Road, Suzhou. 68654890.
Suzhou Industrial Park Sub-branch: 128 Jinjihu Road, Suzhou. 67610238.
Suzhou New District Sub-branch: 12 Shishan Road, Suzhou. 68248839.

Foreign Banks

Standard Chartered Bank
Suzhou Branch: Room 103, International Building, 2 Suhua Road, Suzhou Industrial Park, Suzhou. 67630198.
Leqiao Sub-branch: 95, 97 West Ganjiang Road, Suzhou. 67226388
Suzhou New District Sub-branch: Room 101,103, Jinhe International Centre, 88 Shishan Road, Suzhou New District, Suzhou. 68317388.

Hong Kong and Shanghai Banking Corporation (HSBC)
Suzhou Branch (Personal banking service, Enterprise financial service): Room 1506-1508, Financial Building, 1 Suhua Road, Suzhou Industrial Park, Suzhou. 67619669.
Xuanmiao Square Sub-branch (Premium Financial Service): 818 East Ganjiang Road, Suzhou. 67708968.
International Building Sub-branch (Premium Financial Service, Enterprise Financial Service): Room 108-109, Huihao International Building, 58 Shishan Road, Suzhou. 68078888.
Suhua Road Sub-branch (Premium Financial Service): 101, International Building, 2 Suhua Road, Suzhou. 67632088.

Woori Bank
Suzhou Branch: Room 101, Zhongyinhuilong Builing, 8 Suhua Road, Suzhou Industrial Park, Suzhou. 62950777.

Development Bank of Singapore (DBS)
Room 1A, Floor 7, International Building, 2 Suhua Road, Suzhou Industrial Park, Suzhou.

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