Step by Step Instructions to Open a Citibank Bank Account Online

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  With the ongoing battle with COVID-19, the region implemented limited international flights, making it difficult for global entrepreneurs to do their business overseas, particularly in bank account opening.

But Hong Kong banks found a way to accommodate their clients, and you can Open Bank Account Online:

Present the Basics

Hong Kong banks like HSBC, ICBC, Bank of China, and Citibank requires their applicants to fill out their online application form and submit a scanned copy of the documents with the signatures attached and :

  • A physical registered address in Hong Kong

  • Company incorporation documents

  • Certified true copy of Business Registration Certificate

The Know-Your-Client (KYC) Process

Take note of the tedious and lengthy process that local and international banks comply with to properly filter applications and establish their clients’ source of funds.

For a higher chance of approval, you must prepare the following :

  • A KYC personal certificate

  • A certified true copy of passports of all directors, beneficial owners, and shareholders who own 10% or above shares in the company

  • Bank references

Processing Time

It is best to keep in mind that it will take 8 weeks before banks can confirm an appointment with their applicants due to the current global state.

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