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Can I open a US dollar account with my existing Peony Card of Industrial and Commercial Bank of China?
The existing ICBC Peony Card can open a US dollar account. Take WaiHuitong as an example:

Initial condition

Registered customers of ICBC's personal e-banking who have held ICBC's multi-currency current accounts (current passbook, ICBC Link card and wealth management gold card) can handle foreign exchange business.

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Open process

You don't need to open an account for foreign exchange trading, you just need to have a current multi-currency account in the electronic registration card with foreign exchange in it.

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Service channels and time

ICBC's online banking, telephone banking and mobile banking (WAP) provide 24-hour uninterrupted foreign exchange trading services from 7 am on Monday to 4 am on Saturday. Due to the differences among branches, the specific time, currency and transaction method of ICBC's "foreign exchange" transaction shall be subject to the local ICBC announcement.

Operation guide

Take online banking as an example:

Tip:

The currencies of ICBC's "foreign exchange" business include 9 currencies, including US dollar, Japanese yen, Hong Kong dollar, British pound, euro, Canadian dollar, Swiss franc, Australian dollar and Singapore dollar, and 36 currency pairs (depending on the information set by your local branch).