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Bank of China Ltd, the nation's second largest, expects to get at least 10 million new savings accounts as it distributes tickets for the 2008 Beijing Olympic in the mainland.
The Bank of China savings account is one of two payment methods under phase one of domestic ticket sales. The bank is expecting a 'huge surge in demand' in new account openings, Yao Hua, deputy general manager at the personal banking department, told reporters in Beijing on Monday.

Tickets for the 17-day event went on sale on Sunday and three-quarters of the 7 million tickets available — priced from 30 yuan ($4) to 5,000 yuan — are for the home market. Ticket sales will raise $140 million in total.

'It is hard to give a precise number but we are prepared to handle the opening of tens of millions of new savings accounts,'Yao said.'The Olympics is an event that is keenly watched in China.”

Domestic ticket sales will take place in three stages.

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