1. Apply for a Hong Kong and Macao pass and endorsement, and open a card in Hong Kong, which is now very convenient
2. There are two types of Hong Kong cards, virtual banks and physical banks, virtual ones only need to be located in Hong Kong to handle, ZhongAn Bank is mandatory, and Tianxing is selected
3. The advantage of BOC and HSBC is that the transfer of accounts with the same name around the world is free, which is very useful for transferring back to China after you withdraw money
4. All banks need ID cards/Hong Kong and Macau passes/customs receipts, Bank of China will also look at the address certificate (water and electricity credit card paper bills)/bank statements, HSBC other banks will mainly look at your assets, to put it bluntly, as long as you have investable funds, you can do it
5. Regarding whether to spend thousands of money to entrust an intermediary, as long as you have assets, there is no need to spend this unjust money, if you are not qualified enough and repeatedly hit a wall and can’t do it, you can only go through the intermediary
Hong Kong card withdrawals are the most convenient and low-cost, followed by third-party payments such as wise and advcash, and U cards have high limit rates
At present, Bank of China, HSBC, and Citigroup are free of charge with the same name around the world, and HSBC and Citibank Hong Kong are easy to handle, but HSBC requires a deposit of 500,000 yuan to open a card in China, and Citigroup has stopped its mainland business
Other cards will have fees of tens to one or two hundred Hong Kong dollars for port and land transfers, but cross-border cash withdrawals are very low at peer ATMs