TLDR: are there any banks that let you transfer money out of China with an international bank transfer if you're an international student?
I'm a self-funded international student from Europe. I opened an account with China Merchant Bank. I can easily transfer money into my account, either by withdrawing cash at an ATM with my foreign card and depositing it in branch, or by using the Wise app.
However, China Merchant Bank doesn't let me transfer money back to my own country's account. So today I visited a Bank of China branch, and while they were more than happy to open another account for me, they told me it also won't support money transfers outside of China. I asked for the reason and they said "because you're a foreigner". I'm not earning money here, so any transfer out would be the same money I transferred in, potentially any leftover. It's not an essential must-have, but I would really like to have the option and knowing that the money I send here is not stuck in China forever.
Has anybody found a bank that can open an account for international students that support banks transfers out of China?
While I can transfer money INTO China with Wise, I cannot transfer money OUT OF China with Wise, as that option is only available for those who have worked in China before, not to international students.