Image credit: LivelikerwAs you have already known, banks in China offer better currency exchange rates than change offices.
If you don’t mind filling up some forms and waiting for your turn to engage service, check out branches of major banks like Bank of China, China Merchants Bank, Bank of Shanghai, and Industrial & Commercial Bank of China (ICBC).
These banks have their foreign exchange counters in the vicinity of some of the most visited destinations in town including Nanjing Road, The Bund and People’s Square.
Don’t forget to bring your passport or a valid ID along.
Recommended bank branches in the vicinity of Nanjing Road
1. Bank of China’s branch
– Bank of China is government-owned bank established in 1912
– This branch is only 2 minutes away from Orient Shopping Centre
– Address: 69 Luhe Rd, NanJing Lu, Huangpu Qu, Shanghai, China
– Phone: +86 216 360 9372
– Opening hours: Monday to Friday 09:00 – 17:00
2. China Merchants Bank’s branch
– It is just a minute walk from Wax Museum and Radisson Blu Hotel
– Address: 100 Nanjing W Rd, NanJing XiLu, Huangpu Qu, Shanghai, China
– Phone: +86 216 375 0060
– Opening hours: Monday to Friday 09:00 – 17:00
Recommended bank branches in the vicinity of The Bund
1. Bank of China’s branch
– It is the old headquarters of Bank of China, which is located near World Expo building
– Address: 23 Zhongshan East 1st Rd, WaiTan, Huangpu Qu, Shanghai, China
– Phone: +86 216 375 0060
– Opening hours: Monday to Friday 09:00 – 17:00
2. ICBC’s branch
– Its location is beside the Bank of China Tower
– Address: 23 Zhongshan East 1st Rd, WaiTan, Huangpu Qu, Shanghai, China
– Phone: +86 216 321 1820
– Opening hours: Monday to Friday 09:00 – 17:00
Recommended bank branches in the vicinity of People’s Square
1. Bank of Shanghai’s branch
– This branch is within walking distance from the Shanghai Museum and People’s Square
– Address: 100 Dagu R, Huangpu Qu, Shanghai, China
– Phone: +86 216 326 5572
– Opening hours: Monday to Friday 09:00 – 17:00
2. China Merchants Bank’s branch
– It is a 5 minutes walk from People’s Square
– Address: 700 Yan’an East Road, Huangpu Qu, Shanghai, China
– Phone: +86 215 385 0050
– Opening hours: Monday to Friday 09:00 – 17:00
