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Which bank is better for Hong Kong companies to open accounts?
As a global financial center, there are many banks in Hong Kong. The following are the advantages and disadvantages of opening accounts in major banking companies in Hong Kong.

HSBC

Personal data: ID card/passport, pass, entry receipt, proof of address.

Company information: business registration certificate (BR), company registration certificate (CI), articles of association, NNC 1, NAR 1.

Business certificate: business card, invoice, contract, waybill, address certificate, personal/company serial number or

Mainland companies: business licenses, business cards, invoices, contracts, personal/corporate processes.

Opening time: about 1 month.

Account management fee: HK$ 200/month, with daily average assets above HK$ 200,000 exempted.

The same bank transfer fee: free.

Us dollar transfer 1 10 HKD/ transaction.

Hong Kong local electronic transfer fee: HK$ 55 yuan per transaction.

Summary: Recommended

2. Hongkong and China Bank

Personal data: ID card, pass? , address proof

Company information: business registration certificate (BR), company registration certificate (CI), articles of association, NNC 1, NAR 1.

Business certificate: invoice, contract and freight bill.

Mainland companies: business license, invoice/contract/waybill, company bank flow

Family cycle: 3 -4 weeks

Account management fee: HK$ 60 yuan/month; Handling fee for cross-border transfer with the bank: 100 Hong Kong dollars; Hong Kong local electronic transfer fee: free.

Summary: Recommended

3. Overseas Chinese Wing Hang Bank

Threshold for opening an account: HK$ 654.38 million.

Personal information: ID card, Hong Kong and Macao pass, proof of address, customs clearance form.

Company information: business registration certificate (BR), company registration certificate (CI), articles of association, NNC 1, NAR 1.

Account opening cycle: 2 weeks to receive payment.

Advantages: No domestic company account is required.

Management fee: the daily average is HK$ 6,543,800, while the monthly management fee is not HK$ 654.38+ 050.

Highly recommended