Abstract: The European Credit Transfer and Accumulation System was founded in 1989. It has undergone four stages, which are germination, establishment, promotion and improvement. Its function changed from conversion to conversion and accumulation. And it served from higher education to lifelong education. It plays an important role in the development of EU education. Analyzing the operation mechanism of the European Credit Transfer and Accumulation System and analyzing the key elements, operational procedures, and certification documents can give us some enlightenments for building regional credit bank in China. Some enlightenments are: strengthening legal and policy guarantee, focusing on organizational security, strengthening cross-school cooperation,developing system platform and improving the core elements.

Key words: Credit Transfer and Accumulation System, Europes, development history, operational mechanism, credit bank