How can a bank be established in Hong Kong?

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If you’re a new or expanding Hong Kong Company and require a business bank account, be aware that the process can be arduous and time-consuming because all banks follow the Know-Your-Client (KYC) protocol.

For Hong Kong bank account opening, candidates must submit the required business paperwork for the bank’s review. If the candidate fits the requirements, the bank will schedule an interview.

In this situation, corporations looking for a bank account opening in another country seek help from service providers to save time and money on flights back and forth, or they choose for FinTech accounts for a faster and smoother approach

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