Company profile
CMB SummaryFounded1987Registered Country/RegionHong KongRegulationUnregulatedServicesCommercial banking, financial leasing, fund management, life insurance, overseas investment banking, consumer finance, and wealth management subsidiary...Customer Support24/7 supportTel: +86-95555; +86-755-84391000 (Overseas)Email: support@cryptoadviseruk.comPhysical address: 19/F, China Merchants Bank Building, 7088 Shennan Avenue, Shenzhen, 518040 In 1987, China Merchants Bank (CMB) was founded in Shenzhen by China Merchants Group. CMB provides a wide range of financial services, including deposits, loans, insurance, wealth management, and more. It now offers advanced Digital Bank services via the internet. However, CMB faces questions about its regulatory status.Pros and ConsPros Cons Global presenceNo regulationVarious financial servicesUser-friendly electronic banking24/7 supportIs CMB Legit? No, CMB operates in an unregulated environment, with no specific details available concerning regulatory oversight. The lack of regulated licenses gives rise to concerns regarding the level of asset protection and transparency within the institution.ServicesPersonal clientsPrivate Banking/All in one Card/Electronic Banking/LoanPersonal commercial real estate loan, Loan for study abroad, Personal consumption loan, Personal housing loan, Micro-business loan, Personal car loanInvestInsurance, Gold Trading,Open-ended Fund, Forex Express Trading, Wealth Management Products, and Saving servicesSavingOverseas remittance, Domestic remittance, Intra-city Transfer, Personal Exchange Sale/Purchase, Personal Check, Demand Deposit, Time deposits, Personal Call DepositCorporate clientsInvest BankingM&A financing, Equity financing and enterprise listing services, High-end financial services, Specialist financial consulting services, Underwriting debt financing instrumentsCross-border FinancePensionInternational Trade Financing, Cross-border investment and financing, Global cash management, International Settlement, Offshore baking servicePension'Golden Life' Collective EA Plans, Pension Service Business, Pension ServiceWealth Management/Account Type CMB offers a Sunflower VIP card to clients whose assets in personal accounts at the same branch total RMB 500,000, including RMB current, time, and third-party deposit accounts; funds and entrusted financial products; and certificated bonds. Sunflower VIPs are entitled to enjoy some extra services, such as professional wealth management advisors, a full portfolio of financial products, unique superior loan services, and more.Platform CMB offers two online platforms for you to manage your assets: web banking and app banking.Web Banking With Web Banking, you can manage all your CMB bank cards around the clock. Simply open your computer to access complete account information. You don't even need to pre-designate a remittance account, as you can enjoy fast and convenient transfer services, especially for online shopping.Mobile Banking You can also log in to the mobile banking system on Android or Apple devices to check balances, transfer funds, make repayments, pay bills (including phone bills and household expenses), subscribe to or redeem funds, and utilize financial products, etc.