Abstract: This paper examines whether managers with bank experience affect corporate cash holdings, and how nature of ownership affects the influence of bank experience on corporate cash holdings. The results indicate that, those firms whose managers with bank experience tend to hold lower ratios of cash to total non-cash assets. Further results find that, the effect of bank experience on corporate cash holdings mainly exists in the non-state-owned enterprises, and there is no significant association between bank experience and cash holdings in the state-owned enterprises. The research not only enriches and develops the research on corporate cash holdings and the bank relationship, and also has important enlightenment to corporate cash holding decision -making.