Opening of Bank Account in Hong Kong for Non-resident

Numerous local and international banks are available in Hong Kong. Regardless of whether you are a resident or not, you shouldn’t have any issues creating a bank account here. Although Hong Kong residents frequently use checks to transfer their money, the banking system there is generally considered to be highly modern.

As a non-resident opening a bank account in Hong Kong, there are different requirements that you must meet depending on the bank. However, compared to Europe or the US, doing so is generally lot simpler in Hong Kong. Your application is very unlikely to be turned down, and the process could take up to two weeks. You typically need your Hong Kong Identity Card or a current passport, evidence of address in Hong Kong or your home country (you don’t have to be a resident in Hong Kong bank account opening, and a filled-out application form to create a savings or current account as a foreigner.