HSB - Hang Seng Bank

• Suitable to client with this background
  • client with business location globally is welcome (not restricted to company with HK / China business relationship);
  • client using nominee structure is allowed;
  • both HK and non-HK registered company are welcome;
  • nationality = not from sensitive country
    • as at 2007-08-23 – below is sensitive country
    • Russia
    • Ukraine
    • etc
• Attendence in HK bank account opening meeting
  • minimum no. of directors to meet quorum needs to attend;
    • if only 1 director in company, 1 director needs to attend;
    • if 2 or more than 2 directors in company, 2 directors need to attend; (according to the Memorandum & Articles of the company)
  • all bank account signatories need to attend;
• Documents to bring for bank account opening meeting
  • Those attending meeting
    • original passport;
    • residential address proof - any driver licence, telephone bill or bank statement showing address and name (not more than 3 months old);
  • those shareholder and directors not attending meeting
    • certified true copy by banker / lawyer / CPA is required;
  • business activity proof
    • any invoice, contract, website etc showing the business background;
  • business plan
    • To help banker understand business nature, please fill in attached form. No need to sign. Just send back by email is fine. Thanks.
    • the template : Business Plan ;
  • Certificate of Incumbency
    • For non-HK company
    • Service fee of US$ 150 to apply;
• service available
  • bank account is available for below currencies:
    • HK$
    • US$
    • Euro
  • internet banking
  • AM card – available;
  • Credit card – not available;
• Time to open bank account
  • Around 7 working days after all doc is ready;
• bank charge
  • initial deposit - HK$ 2,000;
  • bank charge to open bank account - Nil
  • monthly account maintenance fee - HK$ 120;
  • expected average bank balance - HK$ 50,000