A number of survey respondents said they trusted domestic banks and would definitely not move their money.

"My answer is absolutely no. I trust domestic banks more than foreign banks," Yingying said.

"Some Chinese banks are not bad. I trust some of them, like China Merchants Bank," one netizen said, adding that the bank's service is good and friendly, but the problem is its few outlets.

Other respondents had a wait-and-see attitude.

"At first, I will not do that (shift to a foreign bank). Although the foreign banks enjoy a good reputation for their service, I am not so familiar with them," Fiona said.

Another respondent said "why bother to do that", until foreign banks prove they can do better than Chinese banks.

And some respondents questioned the safety of foreign banks.

"Are foreign banks safer than local banks? If so, I would like to deposit my money in foreign banks. But what will happen if foreign banks are ruined?" one respondent said.

That is why China's regulators require foreign banks doing renminbi retail business to register locally.

A few surveyed believed that the market opening to foreign banks is irrelevant to them.

"It makes no difference to ordinary clients. It could mean something for big depositors, companies and the rich," Tao said.

"Forget about it."

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