Conditions for opening a Hong Kong bank account

Generally, you need to bring these materials: 1. Mainland resident identity card; 2. Hong Kong and Macao Pass or Passport; 3. Proof of address, such as water bill and electricity bill. Both the mainland and Hong Kong can accept it, but it should be within 3 months or 2 months.

After preparing the above information, you can make an appointment to open accounts in major banks in official website. However, if you open your own account, the Hong Kong bank may ask you to buy wealth management or deposit a high amount of HK$ (20w). If you fail to meet the requirements, you may be rejected and blacklisted by the bank, which will affect your opening an account in the bank in the future. So I suggest you find a relevant agent to help you make an appointment to open an account. If you have enough time and energy, you might as well try it yourself and try the bank more.

In addition, banks in Hong Kong have a minimum deposit limit, and below a certain deposit amount (usually monthly or quarterly), account management fees will be charged. The minimum deposit is calculated according to the "daily average minimum balance", that is, how much money is left in your account every day, and then take the average for one month.