Standard Chartered Bank (full name "Standard Chartered Bank") was formed by the merger of two banks 1969, namely Standard Bank of British South Africa and Standard Chartered Bank of China in Xinjinshan. 1970, the merged bank set up a branch in Sydney, Australia, and then Standard Chartered Bank acquired the British Haji Group and Wallace Brothers Group. Today, Standard Chartered Bank is the world's top commercial bank, with 30,000 employees and more than 500 branches in more than 50 countries and regions, mainly engaged in Asia-Pacific region, South Asia, Middle East and America. Standard Chartered Bank has the right to issue banknotes in Hong Kong, South Africa and Malaysia. The three major business areas of Standard Chartered Bank include exchange fund services, personal banking and corporate and institutional banking. Standard Chartered Bank opened its first branch in Shanghai from 1858, and has never stopped business since 146. Is the oldest foreign bank in China, and now has branches in 13 cities. 1983 standard chartered bank set up an office in Shenzhen, and now it has grown into one of the largest foreign banks in Shenzhen, which can provide banking services for enterprises and individuals. 1998, the first batch of foreign-funded enterprises were allowed to operate RMB business. On March 17, 2004, Standard Chartered Bank Shenzhen Branch was approved by China Banking Regulatory Commission, becoming the first foreign bank in Shenzhen to be allowed to operate RMB business of Chinese-funded enterprises. There is no handling fee for withdrawing money from other ATM machines.