While discovering your new life in Shanghai, you will surely notice numerous international banks that propose various checking accounts or savings accounts. The opening hours are generally from 9 AM to 6 PM, 7 days/7. To open a bank account you will need to present your passport and immediately make a first deposit. For the opening of your bank account it is advised to go to the bank with someone who speaks Mandarin: you may be asked to fill a form in Chinese.
For your daily purchases, you should always have some cash with you. A lot of small shops do not accept cards (or sometimes accept only the Chinese ones). There should be no problem in bigger stores!
Photo : Joshua Betman