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Free Business in China.

Starting a business as a sole shareholder comes with unique challenges—especially when you’re trying to open a corporate bank account and find out that most China banks require at least two online banking operators.

For many small businesses with just one owner and no employees, having two separate people to manage online banking doesn’t make practical sense.

So, what’s the solution?

Why Do Banks Ask for Two Operators?

Banks implement this rule primarily for internal control and fraud prevention. By requiring two different people to authorize transactions (e.g., one to initiate, one to approve), they reduce the risk of embezzlement or unauthorized transfers.

But when you’re the sole shareholder, director, and employee, this “checks and balances” model breaks down.

Some Banks Offer a One-Operator Option

While most banks stick to the two-operator rule, a small but growing number of financial institutions have recognized the needs of micro and solo-owned businesses.

For example, some branches of Industrial and Commercial Bank of China (ICBC) allow eligible sole-shareholder companies to set up just one online banking operator.

This means you can manage payments, transfers, and account administration entirely on your own—without needing to appoint (or pretend to appoint) a second person.

Have questions about your specific situation? Call our hotline at 86+189 1629 8482 (English service available).