How to Create an Online Citibank Account

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Limited international flights have been imposed in the area as a result of the ongoing COVID-19 war, making it challenging for international businesspeople to do transactions overseas, particularly when open bank accounts.

However, Hong Kong company banks found a way to serve its clients in the manner described below:

Introduction to the Basics

All four banks—HSBC, ICBC, Bank of China, and Citibank—require applicants to complete an online application form and submit a scanned copy of all of their supporting documentation, including:

  • A residence with a Hong Kong address
  • Certifications of incorporation
  • Authenticated copy of a business account registration document
  • Know Your Client (KYC) Process
Know Your Client (KYC) Procedures

Be aware of the protracted and time-consuming process that both domestic and international banks go through to accurately screen applications and ascertain the financial sources of their clients.

To improve your likelihood of being approved, you must get ready for the following:
  • A certificate of personal KYC
  • A certified true copy of each director's passport is required, as well as the passports of all beneficial owners and shareholders who own 10% or more of the company's shares.
  • Testimonials from banks
Time to Process

It's vital to remember that banks may take up to 8 weeks to confirm an appointment with applicants due to the current state of the world.

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