AbacusHKCPA - Company Formation and Company Registration by Hong Kong Accountants (HKCPA)

Abacus CPA
Charity Linking
Tel :
8201 0106
Fax :
3586 8020
Certified Public Accountants

Service in Hong Kong


Bank Account Opening

How about issuing L/C or / and receiving L/C payment?

The bank accounts we mentioned so far is "cash management accounts".
This should be the first type of account you opened with a bank. Then, you can open " trade account " for trading purpose – issuing and receiving L/C payment.

Please note that :
  • Extra bank charges is required for opening of trade account;
  • Client needs to provide sample trade documents (trade agreement, invoices etc.) in opening of trade account;
Client should note that as a new client to the bank, it is common for banks to ask for 100% cash / property security to issue L/C.
Page Top

AbacusHKCPA - Certified Public Accountants base in Hong Kong (HK) - ACCA, HKICPA, providing services of

company formation, financial management, business advisory, accounting and auditing.