Why is it becoming increasingly difficult to open a bank account in Hong Kong? Hongyuan International Consulting provides a detailed explanation of opening a bank account in Hong Kong-宏源国际咨询

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Opening An Account With An Overseas bank

Why is it becoming increasingly difficult to open a bank account in Hong Kong? Hongyuan International Consulting provides a detailed explanation of opening a bank account in Hong Kong

作者：ycadmin 时间：2020-08-22 浏览845 次

Due to Hong Kong's policy openness, high degree of freedom, low tax rates, and free inflow and outflow of funds, it has become the current world financial center. On the one hand, high financial freedom facilitates industries, financial institutions, and cross-border trade exchanges among countries around the world; On the one hand, it also provides convenience for some criminals. In history, major international commercial banks in Hong Kong have been fined and sanctioned heavily due to black industry funds, forcing them to make various adjustments and controls. In addition, the intervention of the Hong Kong Monetary Authority has made Hong Kong's requirements for account holders increasingly high.

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