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Forums › Finance and wealth management › ICBC Bank experiences
backfiah

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#229210 12-Feb-2018 19:48
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Has anyone invested any money or otherwise been involved with ICBC Bank (Industrial and Commercial Bank of China)?

They have a very good 9 month term deposit rate at 3.65%, and an A credit rating (same as kiwibank). Also apparently the biggest bank in the world, but I still have reservations as their website leaves a lot to be desired and never heard of them before.

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cokemaster
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  #1956029 12-Feb-2018 21:27
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I have accounts and services with ICBC NZ (not my main bank though). I find their services reasonably good although would recommend sticking with their mobile banking over their internet banking (requires an activex plug in for IE!). 

 

You might find it a little strange dealing with them the first time as they're very much a Chinese-style bank (complete with the dot matrix printers and 6 digit pins) and still use a lot of paper forms. They're legit though and have a physical presence at the bottom of Queen street.




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