Opening a private bank account in Hong Kong is not as difficult as you may imagine. It’s more straightforward and much easier than in the US, UK or Europe. In fact, TANNET can help you secure a private bank account in Hong Kong within just one day. To open a private bank account you simply are required to provide ID and proof of address. It is not necessary to be a resident in Hong Kong or have a work visa in Hong Kong and it’s perfectly possible for a tourist to open a private bank account in the city.
For those with an address in Hong Kong, you need to provide proof of address, such as utility bills or official government communication. Non-residents need to also provide one of these documents from their home country address. The bank will then post a letter to that address which you must furnish at the bank to open the account. Accepted forms of ID are a passport or Hong Kong Identity Card.
Popular Banks for Private Bank Account Opening in HK
In Hong Kong HSBC, Hang Seng and Standard Chartered are very popular with expats when it comes to opening a private bank account. Be aware that not all bank employees are fully up to speed on their own bank regulations and may not know exactly what documents you’re required to provide. Expats don’t often open private bank accounts in Fanling. It’s recommended that you go to larger branches in Central where you will find English speaking staff and managers more used to the specific needs of expats.
International bank like Bank of America, Citibank and Deutsche Bank also provide private banking services in Hong Kong.
Materials Required for Private Bank Account Opening in HK
ID: Passport or Hong Kong Identity Card
Proof of address: Utility bills or official government communication
Time for Private Bank Account Opening in HK
DBS: 1 day
OCBC: one and half months
HSBC: around one month
Private HK Bank Account Opening Appointment Fee:
RMB6800
Contact Us
Shall you have any further inquiries, please do not hesitate to contact Tannet at anytime, anywhere by simply visiting Tannet’s website www.tannet-group.net, or calling Shenzhen hotline at 86-755-82143181 or Hong Kong hotline at 852-27837818, or emailing to tannet-solution@hotmail.com. You are also welcome to visit our office situated in 16/F, Taiyangdao Bldg 2020, Dongmen Rd South, Luohu, Shenzhen, China.
TANNET ---A Sound Global Business Solution Partner, Serving the World of Business, Professionally&Reliably.
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