That sucks. But I doubt they have a centralized system that's able to track down my purchases made two years ago.
thanks isaac, prob going end of next year, was just there barely a month ago. went to jiuzhaigou in sichuan, beautiful place.
According to the last info i requested, you can't open online, but you can manage it online. You have to go to HK to open the account (for HKSB only, not quite sure about other banks).
Sorry I didn't made it clear. I was talking about if I buy another property in the future. yip1997, are you from HK? I know Yip is a popular name in HK.
A few questions: 1) Re: the bank account, if you give the address of a hotel, but later need to withdraw a large amount of money, can you do it via wire transfer or the internet? Otherwise I guess you would have to show up in person again? 2) Are there laws protecting the deposits similar to the FDIC here in the US or if there was ever a run on the banks by the govt or individuals, could the money be at risk? 3) Are there any US-based accounts that offer interest on deposits held in RMB?