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

Abacus CPA
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8113 0025
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8102 2593
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Bank Account in Hong Kong

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HSBC

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General

Trade account opening procedure

If client is in need of receiving L/C payment or going to pay by L/C, a trade account with HSBC is required. This can be done right after opening of cash management account.

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

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