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Bank Account in Hong Kong

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HSB - Hang Seng Bank

 

HSB - Hang Seng Bank

Suitable to client with this background
  • Client with business location globally is welcome (not restricted to company with HK / China business relationship);
  • Client using nominee structure is allowed;
  • Both HK and non-HK registered company are welcome;
  • Nationality = not from sensitive country
    • As at 2007-08-23 - below is sensitive country
    • Russia
    • Ukraine
    • etc.
Attendence in HK bank account opening meeting
  • Minimum no. of directors to meet quorum needs to attend;
    • If only 1 director in company, 1 director needs to attend;
    • If 2 or more than 2 directors in company, 2 directors need to attend; (according to the Memorandum & Articles of the company)
  • All bank account signatories need to attend;
Documents to bring for bank account opening meeting
  • Those attending meeting
    • Original passport;
    • Residential address proof - any driver licence, telephone bill or bank statement showing address and name (not more than 3 months old);
  • Those shareholder and directors not attending meeting
    • certified true copy by banker / lawyer / CPA is required;
  • Business activity proof
    • any invoice, contract, website etc showing the business background;
  • Business plan
    • To help banker understand business nature, please fill in attached form. No need to sign. Just send back by email is fine. Thanks.
    • Business Plan template;
  • Certificate of Incumbency
    • For non-HK company;
    • Service fee of US$ 150 to apply.
Service available
  • Bank account is available for below currencies :
    • HK$
    • US$
    • Euro
  • Internet banking;
  • AM card - available;
  • Credit card - not available.
Time to open bank account
  • Around 7 working days after all doc is ready;
Bank charge
  • Initial deposit - HK$ 2,000;
  • Bank charge to open bank account - Nil
  • Monthly account maintenance fee - HK$ 120;
  • Expected average bank balance - HK$ 50,000;
 
 
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