Hong Kong Citibank as Your Banking Partner

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Hong Kong banks are gradually adapting to the new normal brought about by the pandemic and have begun to cater to their clients' needs online. However, due to the Hong Kong Monetary Authority's stringent regulations, remote bank account opening is not yet available (HKMA).

Citibank is currently the only bank that can accommodate remote bank account opening, but here are a few things to keep in mind if you choose Citibank as your business bank:

  • Citibank's remote bank account opening service is only available to businesses with operations in Hong Kong and Singapore.
  • While it is restricted to the aforementioned regions, there are no nationality restrictions for shareholders and/or directors.
  • Citibank only accepts companies with specific business types. We can double-check to see if your company is in the bank's category.
  • Because this will be a remote bank account opening, make sure to submit your fully completed application form/s as well as any required documents such as business proofs, company documents, and client information.
  • The bank representative will conduct their interview via Zoom call.

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