Company Bank Account Opening
Bank Account Opening
Company bank account opening is a vital organ for your company in running business. Actually, having a company bank account can increase customer confidence in the company. In particular, you are hassles free in this bank account opening matter with our assistance. It is because all bank account signers basically only need to make an appointment with the bank for witnessing the signing procedures.
Advantages of having an bank account in Hong Kong
- No restriction on foreign exchange remittance, free transfer of funds
- Convenience in settlement of international trades
- No interest tax with a higher actual revenues of deposits
- Free conversion of currencies
- Convenient daily account operation and online bank transactions
- Convenience in getting trade financing from international banks
Our Services Include but are not limited to the below:
- Know your business then give you sound advice to increase the possibility of success in bank account opening
- Prepare Certified True Copy documents by CPA for your company to the bank
- Submit account opening application & relevant supporting documents and arrange appointment
- Get a free preliminary assessment service from bank for your company before you have a face to to face interview with bank.
- Liaison with bank and follow up the progress with bank
Documents Required:
- Business Registration Certification
- Certification of Incorporation
- Members, directors and all authorized signatories ID
- Members, directors and all authorized signatories addresses proof
- A company structure of the ultimate company (e.g. members are composed of multiple levels of companies)
- Business related documents (e.g. company leaflets, contracts, invoices, etc.)
Procedures for Bank Account Opening in Hong Kong
- Submit a bank account opening application
- Make an appointment to witness the signature of all signatories
- Approval by the Due Diligence Department of the bank
- The final account number is issued upon approval from the due diligence
- Deliver passwords for online banking
- First time online banking registration service
- Activate online banking password
- Deposit a specified amount of account opening funds at a specified time
- Deliver or obtain ATM card and password
- Deliver a cheque Book
Service Charge
$1,350 – $5,150
Minimum deposit
$50,000
Processing time
14 working days
Service Charge
$1,550 – $10,150
Minimum deposit
$50,000
Processing time
14 working days
Service Charge
$200
Minimum deposit
$10,000
Processing time
2 to 8 weeks
Service Charge
$150 – $7,000
Minimum deposit
$200,000
Processing time
14 working days
Service Fee for one bank application
$800
Addition bank application
$500 each
# Non-refundable for any unsuccessful application.
* Not including any bank charge. Any bank related charges will be collected by the bank separately.
^ Above bank charges are for reference only.