Open Bank Account in Hong Kong

Hong Kong is a international financial center which is well known for its famous banking infrastructure. There is no restriction for fund flow into or out of Hong Kong bank accounts, and the identity of account beneficiary and transaction information are also subject to very high standard of confidentiality.

More than 140 licensed banks in Hong Kong are able to offer a professional business and personal banking services to you. Advantages of Hong Kong Bank Account given as below.

  • （1）No restriction for fund flow into or out of Hong Kong bank account.
  • （2）Multi-currency operation, different currencies are allowed to exchange in your bank account freely.
  • （3）Identity of baneficiary and transaction information are highly confidential.
  • （4）Easily e-banking services.

Preparation for opening bank account

1, Incorporation documents

  • （1）Certificate of Incorporation
  • （2）Memorandum and Articles of Association
  • （3）Certificate of Business Registration
  • （4）NC1 or NAR1（Going-concern certificate）

2, Business Proof
(To show that you have previous experience in doing business)

  • （1）Purchasing / Selling Invoice
  • （2）Business Contract
  • （3）Shipping Documents
  • （4）Website/Product Catalog

3, Address Proof
(issued within 3 months of the application date). If the documents are not in English please prepare a notarized translation into English.

4, Passport

Banking Services in Hong Kong

Bank Minimum Deposit Management Charge Fee for Inward Fee for Outward
HSBC HK$10000 HK$100/Month if average daily balance less than HK$50,000 From overseas:HK$65; From local banks:HK$15 To overseas:HK$115; To local banks:HK$35-55
Hang Seng Bank HK$5000 HK$180/Month if average daily balance less than HK$50,000 From overseas:HK$60; From local banks:free To overseas:HK$110; To local banks:HK$15-50
Bank Of China HK$5000 HK$120/Month if average daily balance less than HK$50,000 From overseas:HK$0-60; From local banks:HK$12 To overseas:HK$105; To local banks:HK$18-50
Citibank HK$100000 HK$100/Month if average daily balance less than HK$10,000 Free To overseas:HK$280-330; To local banks:HK$50-100

This information is only for your reference. Please refer to bank standards for details.

+ Overview

Open Bank Account in Hong Kong

Hong Kong is a international financial center which is well known for its famous banking infrastructure. There is no restriction for fund flow into or out of Hong Kong bank accounts, and the identity of account beneficiary and transaction information are also subject to very high standard of confidentiality.

More than 140 licensed banks in Hong Kong are able to offer a professional business and personal banking services to you. Advantages of Hong Kong Bank Account given as below.

  • （1）No restriction for fund flow into or out of Hong Kong bank account.
  • （2）Multi-currency operation, different currencies are allowed to exchange in your bank account freely.
  • （3）Identity of baneficiary and transaction information are highly confidential.
  • （4）Easily e-banking services.

+ Requirement

Preparation for opening bank account

1, Incorporation documents

  • （1）Certificate of Incorporation
  • （2）Memorandum and Articles of Association
  • （3）Certificate of Business Registration
  • （4）NC1 or NAR1（Going-concern certificate）

2, Business Proof
(To show that you have previous experience in doing business)

  • （1）Purchasing / Selling Invoice
  • （2）Business Contract
  • （3）Shipping Documents
  • （4）Website/Product Catalog

3, Address Proof
(issued within 3 months of the application date). If the documents are not in English please prepare a notarized translation into English.

4, Passport

+ Bank Charge

Banking Services in Hong Kong

Bank Minimum Deposit Management Charge Fee for Inward Fee for Outward
HSBC HK$10000 HK$100/Month if average daily balance less than HK$50,000 From overseas:HK$65; From local banks:HK$15 To overseas:HK$115; To local banks:HK$35-55
Hang Seng Bank HK$5000 HK$180/Month if average daily balance less than HK$50,000 From overseas:HK$60; From local banks:free To overseas:HK$110; To local banks:HK$15-50
Bank Of China HK$5000 HK$120/Month if average daily balance less than HK$50,000 From overseas:HK$0-60; From local banks:HK$12 To overseas:HK$105; To local banks:HK$18-50
Citibank HK$100000 HK$100/Month if average daily balance less than HK$10,000 Free To overseas:HK$280-330; To local banks:HK$50-100

This information is only for your reference. Please refer to bank standards for details.

Offshore Bank Account

  • Why choose Hong Kong ?
  • How to open an account ?
  • Bank Charges

More

Company Secretary

  • Company Formation
  • Company Restructuring
  • Company De-registration

More

Tax Services

  • Tax Advisory
  • Tax Return Filing
  • Tax Exemption

More

Accounting & Auditing

  • Bookkeeping
  • Financial Statement
  • Annual Audit Arrangement

More