VTB Shanghai Bank Account Opening for Businesses in China

Open an account
at VTB Shanghai (VTB Bank) 

Open an account with VTB Shanghai - the optimal solution for business with China and Russia
- 90% of requests are approved by the bank without delays

Submit a Request

Who Is It For?

01

Russian business in China
VTB Shanghai is one of the few banks that loyally works with enterprises registered in China, the founders of which are citizens of Russia and the CIS countries.

02

For payments in rubles and yuan
Direct transfers from Russia to China are quick and without intermediaries. Even goods with restrictions through other channels can be carried out legally here.

03

Convenient for large deliveries
Ability to accept payment for most products, including complex categories. This is especially true in the context of sanctions and new rules of foreign economic activity.

04

 Support of compliance processes
Transparent structure Understanding the specifics of foreign economic transactions with Russian Federation

What we offer

Opening dates

From 1 week to 2 months - depending on the chosen tariff.

Who are we opening for?

Firms registered in China with founders from Russia or the CIS countries, as well as companies with a mixed structure (joint participation of Russian and Chinese founders) or entirely Chinese enterprises.
Our advantage

We work directly with the bank, understand its internal processes, and know how to accelerate the application.

Receiving details
and accesses
After approval, you receive bank details, logins
for online banking and instructions
on using the account.

Clear step-by-step system

Consultation and tariff selection
Preparation of documents
Submitting a request
Interview and verification
Account opening and access

Documents and deadlines

For non-residents of mainland China

Certificate of registration, charter, certificate of directors, extract from the register, ownership structure, application form.

For Mainland China Residents

Business license, charter, certificate of international activity, permission to create a company with foreign investment (if available), application form.

VTB Bank (PJSC) Shanghai Branch

A branch of VTB Bank (PJSC) has been present in China (Shanghai) since 2008 and is the only Russian bank that has a financial license to conduct banking operations in China. This makes it a unique platform for settlements between Russia and China.

Opening 

VTB accounts

From 7 Business Days

Depending on the chosen tariff, the procedure for opening a corporate account takes from 1 week to 2 months from the moment of request.

FAQs

  • Is it possible to open an account without a visit?
  • What currencies are available
  • Which company can I open an account with VTB Shanghai?
  • Is the bank suitable for small companies
  • Open an account
    at VTB Shanghai (VTB Bank) 

    Open an account with VTB Shanghai - the optimal solution for business with China and Russia
    - 90% of requests are approved by the bank without delays

    Submit a Request

    Who Is It For?

    01

    Russian business in China
    VTB Shanghai is one of the few banks that loyally works with enterprises registered in China, the founders of which are citizens of Russia and the CIS countries.

    02

    For payments in rubles and yuan
    Direct transfers from Russia to China are quick and without intermediaries. Even goods with restrictions through other channels can be carried out legally here.

    03

    Convenient for large deliveries
    Ability to accept payment for most products, including complex categories. This is especially true in the context of sanctions and new rules of foreign economic activity.

    04

    Support of compliance processes
    Transparent structure Understanding the specifics of foreign economic transactions with Russian Federation

    What we offer

    Opening dates
    From 1 week to 2 months - depending on the chosen tariff
    Who are we opening for?
    Firms registered in China with founders from Russia or the CIS countries, as well as companies with a mixed structure (joint participation of Russian and Chinese founders) or entirely Chinese enterprises.
    Our advantage
    We work directly with the bank, understand its internal processes, and know how to accelerate the application.
    Receiving details
    and accesses
    After approval, you receive bank details, online banking logins and instructions
    on using the account.

    Clear step-by-step system

    Consultation and tariff selection
    Preparation of documents
    Submitting a request
    Interview and verification
    Account opening and access

    Documents and deadlines

    For non-residents of mainland China

    Certificate of registration, charter, certificate of directors, extract from the register, ownership structure, application form.

    For Mainland China Residents

    Business license, charter, certificate of international activity, permission to create a company with foreign investment (if available), application form.

    VTB Bank (PJSC) Shanghai Branch

    A branch of VTB Bank (PJSC) has been present in China (Shanghai) since 2008 and is the only Russian bank that has a financial license to conduct banking operations in China. This makes it a unique platform for settlements between Russia and China.

    Opening 

    VTB accounts

    From 7 Business Days

    Depending on the chosen tariff, the procedure for opening a corporate account takes from 1 week to 2 months from the moment of request.

    FAQs

  • Is it possible to open an account without a visit?
  • What currencies are available
  • Which company can I open an account with VTB Shanghai?
  • Is the bank suitable for small companies