Most Chinese banks, including the Industrial and Commercial Bank of China, China Merchant Bank, China Minsheng Bank, Bank of Communications, the Agricultural Bank of China, the Bank of China and China Construction Bank, offer bank safe services, though not at all of their branches.
Most of the bank safes available are small, long lockboxes with a minimum volume of around 6-by-10-by-50cm. Most banks, however, offer safes in a range of sizes and shapes.
The annual fee may range from between 150 and 200 yuan (US$20-26). If you’d prefer to rent a safe for only one month, the charge is between 20 and 30 yuan. Some banks even offer the service at a daily rent of about five yuan. Some banks also offer one free safe for customers whose deposits have reached a certain amount. China Minsheng Bank, for example, offers one free safe for customers who have a deposit of over 100,000 yuan (US$13,000).
In addition to the rent, most banks demand a deposit of between 200 and 500 yuan. When applying for the safe and signing the rental contract, you’ll need something to prove your identity, like an ID card or a passport. You can deposit or withdraw your valuables anytime during the bank’s business hours. Most articles are acceptable for storage, but corrosive, flammable or explosive goods will not be accepted. Items that are illegal in
Most banks use a fingerprint identification system or code, in addition to locks and keys. It is yet to be confirmed whether foreign banks provide this service.
How to rent a lockbox for your valuables in China
Editor:at0086 | Resource:AT0086.com
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