Hong Kong Traditional Bank Account & Bank Account Registration Service

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Hong Kong Traditional Bank Account & Bank Account Registration Service

 

Hong Kong is one of a few jurisdictions in the world free from any foreign exchange control. There are no regulatory factors and restrictions for the amount of funds brought in, transferred from, or taken out of the territory.

However, according to the guidelines of The Hong Kong Monetary Authority, all banking institutions in Hong Kong should meet in-person with their clients at least once before a bank account could be opened. For clients based in Dubai, Cyprus, Australia, and European countries unable to travel, CORE also offers a fully remote alternative through our Fintech / Digital Bank Account service. In most cases, we are able to help our clients complete their bank account registration in just 1 to 5 working days with most banks in Hong Kong.

Before we begin the process of opening a bank account for our clients, we provide guidance to them on how to choose a bank most suitable for their needs. We will also help in the preparation and organisation of all the required documents, before arranging for a meeting with the respective bank managers.

Our director will provide a pre-meeting with the client, before he or she attends the bank meeting, and will personally accompany the customer to the bank meeting to ensure that the meeting will go smoothly.

In recent years, bank account registration requirements are changing much more frequently than before. We strongly recommend each client, especially those managing entities from Dubai, Cyprus, Australia, or Europe, to consult with our team before attempting to register a bank account, so as to avoid wasted time, effort, and cost after setting up a corporation.

Our Banking Partners:

HSBC Bank
OCBC Wing Hang Bank
Hang Seng Bank
Standard Chartered Bank
Bank of China
DBS Bank
Public Bank
Dah Sing Bank
Industrial and Commercial Bank of China (“ICBC”)
China Construction Bank (“CCB”)
Bank of Communication
Citibank
HSBC Logo Image OCBC Wing Hang Bank Logo Image Hang Seng Bank Logo Image
Standard Chartered Bank Logo Image Bank of China Bank Logo Image DBS Bank Logo Image
Public Bank Logo Image Dah Sing Bank Logo Image ICBC Asia Bank Logo Image
China Construction Bank Asia Logo Image Bank of Communication Logo Image Citibank Logo Image

We offer the following sourcing and consulting services to ensure that our clients find the right bank suitable for their business:

Multi-Currencies Account

Because Hong Kong has incredibly lax and attractive regulations involving currency trading, many banks would claim to offer the best rates and services on the market. At CORE, we help you filter out the noise and find the banking solution that will best fit the needs of your company.

Internet Banking / Mobile Banking

CORE can advise you on the newest developments in the market, and provide you with information updates, for you to review the easiest and most secure banking solutions.

International Debit & Credit Cards

Many banks offer currency exchange services and multiple currencies as a feature extended on their credit and debit card products. However, do not make the mistake of signing up for these options without a thorough understanding of their fine print, our expert explanations will ensure that our clients understand the pros and cons before engaging these services.

Letter Of Credit/Trade Support

It is a necessity to provide a letter of credit as documentary validation when opening a bank account in Hong Kong. We can provide you with a letter of credit and also act as your reference, so that opening an account will be an easy and stress-free process.

Funding & Investments

We have many years of experience in obtaining funding for our clients, as well as finding investment professionals that can work with you to grow your assets. Contact us today to learn more about these exclusive services.

We have established a close relationship with many reliable and user-friendly banks both locally and internationally. Different banks have different strengths, they perform best in specific niches, and are suitable for clients in their respective fields. We will assist our clients to choose from the array of options on the market, so they can open bank accounts with a bank most suitable for their particular needs. Our close connection with a variety of banks ensures that you will get the best rates and services available – an invaluable asset for any new business.

Contact us today to learn more about opening a bank account in Hong Kong.