🔐 What You Can Do After Bank Verification
- ✅ Deposit CNH to receive CNHO stablecoins
- ✅ Transfer and withdraw funds
- ⚠️ Redemption (Convert CNHO to fiat) requires a separate Initialization step (covered in the next guide)
You may register multiple bank accounts, but only one can be set as your default withdrawal account.
✅ Requirements for Bank Account
To be eligible, your bank account must:- Be owned by you, matching the full legal name from your KYC
- Be able to send and receive CNH (offshore RMB) via wire transfer
- Be issued by an offshore financial institution (e.g., Hong Kong, Singapore, BVI)
- Not be a Mainland China domestic CNY account
📝 How to Add and Verify a Bank Account
Step 1: Log in and Access Bank Verification Page
- Go to: https://beta.cnho.io/login
- After login, navigate to My Bank → Add New Bank
Step 2: Fill in Bank Account Details
Step 3: Upload Latest Bank Statement
- Must be issued within the last 3 months
- Must include:
- Your full name (matching KYC)
- Bank name
- Account number
- Account address
- Some transaction history or balance
❗️File formats: PDF, JPG, PNG
❗️Screenshots from apps are not accepted unless official statement is visible
Step 4: Submit for Review
- Double-check all entered details and uploaded documents
- Click “Submit for Review”
- A confirmation email will be sent to you
⏳ Review & Approval
- Review time: 1–3 business days
- Once approved, you will be able to:
- ✅ Deposit CNH
- ✅ Withdraw CNHO
- ✅ Transfer funds
- ❌ Redemption not available until Initialization is completed
⚠️ Important Reminders
- ✅ You may add multiple bank accounts
- 🔁 You may change your default account at any time
- ❌ Redemption of CNHO requires a separate Initialization step (next guide)
- ❌ Mainland China CNY accounts are not supported
- ❌ U.S. tax residents are not supported