Bank Account Opening Service



Open Bank Account Hong Kong
2111 2446
Room 1209, 12/F, OfficePlus@Prince Edward, 794-802 Nathan Road, Mongkok

Hong Kong Bank Account Opening Service Bank account rejected? Our team of banking experts are well equipped to support and guide corporate customers in the entire process of the bank account opening. Unfortunately, it has recently become much more difficult to open a bank account in Hong Kong due to a flood of new banking requirements stemming from newly introduced laws and regulations from various organisations (e.g. the Hong Kong Monetary Authority, the Financial Action Task Force, the OECD etc.) in order to comply with new global standards regarding Know-Your-Customer Policies (KYC), Anti-Money-Laundering (AML) etc. New laws and regulations have led to many rejections of bank account openings in Hong Kong Many business owners of newly established Hong Kong companies are left frustrated / infuriated / clueless when they fly to Hong Kong for the bank account opening process and ultimately finding themselves being rejected by the bank. A Hong Kong company without a bank account is simply useless. In fact, many local service provider completely lack the knowledge regarding suitable banks and the latest bank account opening requirements in Hong Kong. With roughly 150 banks in Hong Kong, it is important to select a suitable bank depending customers background and business requirements. Our team of banking experts are well equipped to support and guide our customers in the entire process of the bank account opening together with the Hong Kong company incorporation. Our solution As a banking expert and professional service provider we comprehensively analyse and recommend on the best approach regarding the company incorporation together with the bank account opening in Hong Kong. We are here to support our customers in the daunting and complex task of preparing the account opening documentation. 8 - 12 hours of detailed preparation must be expected. Services include: • In-depth understanding of customers background and business expectations (incl. discussion with our network of professionals consisting of accountants, CPA's, lawyers etc.) • Advising on the appropriate company structure and selection of a suitable banking partner • Arrange for a bank meeting for the corporate bank account opening • Preparation of certified documents of the Hong Kong company by a CPA etc. for the bank • Preparation of the required and in-depth KYC profiling/files for the bank • Meeting and preparation of customer prior to the banking interview to explain the interview process and which additional questions to expect (one hour interview) • We accompany customers to the bank and in some cases join during the bank interview meeting • Debrief meeting with customer and follow up with the bank if required We offer our Bank Account Opening Services free of charge if we are also mandated for the company incorporation, otherwise we will assess your particular situation and provide a quotation. AZUR is headed by Franz Loschko, a German national who has lived and worked in Hong Kong since 1996. He has gained extensive international banking experience having worked with HSBC and other leading German banking institutions. We are well connected within the banking industry and are up to date on any current/upcoming changes. AZUR is best suited to help you successfully open your bank account. Please contact us for a confidential discussion without obligation and we will gladly assist with advice on how to approach / solve your particular business and banking challenge.

35202145
Level 3,Fontaine Building,18 Mody Road Tsim Sha Tsui, Kowloon, Hong Kong,Tsim Sha Tsui,Hong Kong

As an International Financial Centre, Hong Kong, the great business environment of Hong Kong attract the global investor come to Hong Kong doing business especially those who interest to expend their business in Mainland China. Thus, No matter those investors are Hong Kong companies or offshore companies, they may apply for opening company bank account to operate their business. Company bank account can be opened in different currency when they are applying to open such as EUR, JPG and UKP, normally investor will choose HKD Saving and cheque account, RMB cheque account or USD cheque account when they set up an account in Hong Kong. Requirement of Company Bank Account Opening Business Registration Certificate of Registration Article of Association Company Chop Identify Documents of Director and Shareholder (HK ID Card / Entry Permit / passport and company name card.) Address proof of Director and Shareholder Any Proof of Company Operation (Invoice and Contract between Company & Other Party) Cheque for Deposit (The amount of cheque will entry into applicant account after the account success to open) Service Details Introduce the bank to the customer Prepare documents certified by CPA Following the process Receive cheque book, Token or other letters from bank Processing Time Document Signing (Around 1 hour) Case approve & discuss (Around 2 to 4 weeks) Cheque Book sending out (Around 1 week after account is opened) Token sending out (1 to 2 week after deposit is entried) Reminder for after opening Keep all the bank statement for accounting & Audit purposes Bank Account will be canceled without any notice if you have not active the account within one month. A specific form and related resolution must be submitted to Bank if there is any changes include but not limited to Shareholder, Director, Company Name or Address. Other Service Apply for Letter of Credit and SME loan Credit Card POS Terminal