What bank can Hong Kong companies choose to open an account with? What are the requirements?

At present, the most popular banks in Hong Kong are Bank of China (Hong Kong), Hongkong and Shanghai Banking Corporation, Hong Kong Hang Seng Bank, Overseas Chinese Wing Hang Bank and Wing Lung Bank. Different banks have different thresholds for opening accounts.

1. Information required for opening an account for a Hong Kong company:

(1) Basic company information: company registration certificate, business registration certificate, articles of association, company seal, etc.

(2) Information of directors and shareholders: original personal identification certificate, original Hong Kong and Macao pass, customs clearance certificate, personal running water, etc. ;

(3) Personal address certification materials: letters and materials sent by the company to individuals, such as utilities and credit card bills in the last three months;

(4) Business-related information: such as freight documents, purchase documents, sales invoices, etc.

(5) Information of affiliated companies: such as business license and business address of domestic companies;

(6) Company's upstream and downstream partner information: including upstream suppliers and downstream distributors;

(7) Audit reports of Hong Kong companies, etc. (If any).

(8) Account opening funds.