Tibet Bank Cards can not only be withdrawn from Tibet Bank, but can also be withdrawn from other banks. Moreover, there is no handling fee for using Tibet Bank’s bank cards to withdraw money from other banks. This is a policy of the Chinese government. Benefits to minority banks. Moreover, Tibetans will benefit from taking loans from this bank.

1. How to use bank cards in Tibet

Only the four major state-owned commercial banks (CCB, Bank of China, Agricultural Bank of China, and ICBC) have branches in Tibet. Cards with the UnionPay logo of the patient bank are in Tibet. , can also be used, but tourists are better to choose bank cards with branches in Tibet, because ICBC only entered Tibet this year and there are no ATMs in most places. There is no handling fee for swiping the card, and there is no limit to the amount. Many shopkeepers in Lhasa require customers who use credit cards to pay an additional "handling fee" ranging from 2 to 5 yuan, and even impose a limit on consumption amounts below 1,000 yuan, causing a lot of trouble for tourists.

II. History of Bank of Tibet

The Party Central Committee has always attached great importance to Tibet work. On January 18, 2010, the Central Committee held the fifth Tibet Work Symposium to promote Tibet’s economic development and long-term peace and stability. Make comprehensive arrangements. Subsequently, relevant documents from the General Office of the State Council clearly stated: Help Tibet establish local commercial banks. Under the special care of the Party Central Committee and the State Council, under the strong leadership of the district committee and district government, and with the strong support of the China Banking Regulatory Commission and relevant central ministries and commissions, Tibet Bank began preparations for establishment in April 2010 and obtained a financial license in December 2011. Certificate and business license, officially opened on May 22, 2012.

To sum up, the Bank of Tibet is a welfare bank implemented by the Chinese government for ethnic minority compatriots, but the procedure for borrowing money from this bank is very difficult and requires a lot of procedures. If you can't find another bank when you arrive in Tibet, you can go to the Tibet Bank to withdraw money. There is no handling fee, and the Tibet Bank has branches in many places in Tibetan areas, which is very convenient to use.