Citibank Hong Kong as a Banking Partner

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Banks in Hong Kong are gradually adjusting to the new normal of the pandemic and starting to serve their customers online. However, due to the Hong Kong Monetary Authority's stringent guidelines, remote bank account opening is not yet possible (HKMA).

Citibank is currently the only bank that can open a remote bank account; however, before selecting Citibank as your corporate bank, keep the following in mind:

1. Citibank's remote bank account opening service is only available to businesses with operations in Singapore and Hong Kong.

2. Despite the fact that it is limited to the aforementioned areas, there are no restrictions on the nationality of the shareholders or directors.

3. Citibank only accepts businesses with a particular type of business. We can confirm whether your company is included in the bank's category.

4. As it will be a remote bank account opening, make sure to provide your fully completed application form(s) along with any necessary supporting documentation, such as client information and business proofs.

5. Their interview will be conducted by a bank representative over a Zoom call.

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