Industrial and Commercial Bank of China Corporate Banking Annual Fees

Dec 16, 202424

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The author discusses the costs associated with maintaining a corporate account at Industrial and Commercial Bank of China (ICBC). They outline several fees: 1. Self-service receipt printing fee: 360 RMB/year 2. Online banking certificate fee: 200 RMB/year (typically requires two certificates) 3. Ordinary card annual fee for the corporate account: 100 RMB/year 4. Online banking registration service fee: 5 RMB/year In total, the annual fees amount to approximately 1000 RMB, and the author notes that the fee structure is not very clear.

I have had my account for a long time, but since I haven't used it for a while, I forgot the password. A few days ago, I needed to make a corporate transfer, and I took a look at the bill; the fees from the Industrial and Commercial Bank of China are not low. The statistics are as follows, providing a reference for friends who want to open a corporate bank account with ICBC:

Self-service receipt printing fee: 360 yuan/year (this used to be called the corporate bank management fee)
Online banking certificate fee: 200 yuan/year (one certificate costs 100/year. Generally, two online banking certificates are needed, one for applying for transfers and one for confirmation)
Financial smart account ordinary card annual fee: 100 yuan/year, this is for the legal person account under the corporate bank
Online banking registration account service fee: 5 yuan/year

In total, with various miscellaneous fees, it is estimated to cost around 1000 yuan per year. In short, the fee deductions are not very clear.