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PANDA CONCIERGEChina
PANDA CONCIERGEChina

Step 05

Money and payments

A bank account, mobile payments, the local rules and limits.

What matters

A bank account is opened against your passport, visa and registration. Requirements differ between branches — worth checking in advance.

Cash is barely used: payment goes through mobile wallets.

Transfers abroad are restricted and require proof of the source of funds.

What you can hand to Panda