|Account Opening Period
|Hang Seng Bank Limited
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Hang Seng Bank Limited
One of the largest in terms of Hong Kong financial institutions was founded in the 30s of the twentieth century and today it is a part of the transnational group HSBC. The Bank provides a huge number of services for private applicants, businesses, especially from the small and medium segments, and is focused on a building of strong relationships with customers. His field of activity is widespread – in particular, it offers:
- investment and trading services, integrated financial management;
- operations with checks, currencies, securities, overdraft accounts;
- an opening of an account with Hang Seng Bank Limited bank – deposit, savings, “paper gold”, current, corporate, in 12 world currencies;
- internet-banking – with 24/7 accessibility, the ability to trade the securities, make payments and transfers of funds (including in China);
- fund management and so on.
What will be required in the process of accounts opening?
To open accounts here, you must make an irreducible deposit depending on their type – from 2000 HKD (Hong Kong dollars) or the equivalent amount in another currency. Also, the minimum balance is specified – 50,000 HKD without commission fee, otherwise it will be necessary to contribute 180 HKD monthly. The procedure requires a personal presence of all responsible persons – owners, directors, beneficiaries in Hong Kong branch. It is also necessary to remember that opening of an account with Hang Seng Bank Limited is possible only for companies with local residency. It will require:
- an application in English/Chinese;
- corporate documentation – originals, apostilled copies;
- passports and confirmation of addresses for owners, management and beneficiaries/shareholders;
- a detailed description of the activities or the planned business.
If you have all the documentation, the bank will open an account within two weeks. Also, at its own discretion, it can provide the customer with a personal officer. “Prifinance” company will help to open an account with a Hong Kong bank without complications and difficulties. We will take care to minimize the risks of the customer, and to reduce the terms of the application consideration as much as possible.