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10. Opening an account in a bank
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All commercial banks dealing with foreign exchange business
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1. Business application form with the applicant’s official seal (basic conditions of the company, reason for opening a new account and the supposed bank to open the account)
2. Reserved copy of the registration certificate of foreign currency (will be returned after the verification)
3. Unincorporated economic organizations within the territoryof China, which are invested by foreigners and apply for a special account of investment, shall also supply the investment contract and the phasic investment plan
4. The legal person or the natural person out of the territoryof Chinashall supply the certification of credit standingprovided by the bank out of the territory of China where the foreign company opens its account;
5. The legal person or the natural person within the territoryof China, who accept the entrustment of the legal person or the natural person out of the territoryof Chinaand apply for a temporary account in the bank, shall supply the letter of attorney of authority for legal foreign-related notary
6. Other materials demanded to supplement by the circumstances (such as the contract of joint venture or cooperation, articles of association, etc.)
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