Opening An Account With An Overseas bank
What procedures are required for opening a bank account in Hong Kong? What is the process of opening a bank account in Hong Kong? Hongyuan International Detailed Explanation
作者:ycadmin   时间:2020-08-22   浏览951 次

Firstly, it needs to be clarified that opening a bank account in Hong Kong is significantly different from opening a bank account in mainland China, as it involves a strong level of professionalism and may result in account rejection with even a slight mistake. Therefore, Hongyuan International Consulting recommends that opening a bank account in Hong Kong should be handled by a professional secretarial service agency for a more cost-effective solution.

1. Provide the necessary documents for account opening to the bank manager for preliminary review.

(2) Information of company directors and shareholders: including ID card/passport, Hong Kong and Macau travel permit, customs clearance certificate, personal address proof document, personal fund proof document (bank statement), etc;

(4) Domestic affiliated company information: including company business license, company business address, etc;

(6) Company related business information: including shipping documents, purchase and sales contracts, etc.

3. The company's directors and shareholders bring complete documents to Hong Kong for an account opening interview. (Currently, you can choose to witness the process of opening a Hong Kong bank account in China. HSBC in Hong Kong can open a video account in cities such as Beijing, Shanghai, Shenzhen, and Guangzhou without the need to physically travel to Hong Kong.)

HSBC domestic witnessing process:

After the domestic witness signature, the document will be mailed to Hong Kong (expected to take one week);

After verification is completed, enter the normal review process (expected to take about 4 weeks).

5. After the bank review is approved, the account opening is considered successful, and the bank card, encoder, and other documents are sent out.

1. A complete set of information for Hong Kong companies (BR/CI/MA+NNC1/NAR1);

3. Hong Kong and Macau Travel Permit (validity period);

5. Mainland company business license (affiliated company - refers to a company in which shareholders hold shares);

7. Related company statements (in the past 3 months);

9. Product brochures/posters or invitations for exhibitions/audit reports from affiliated companies (bonus points);

11. Equity structure diagram (if any);

 
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