HSBC BANK
(The Hongkong and Shanghai Banking Corporation)
HSBC Group is a British multinational banking and financial company founded in 1865. The Bank offers a wide range of services from Private Banking to Investment Banking. It spread its activities across Africa, Asia, Europe, North America and South America with more than 8,000 established offices, and around 60 million customers.
We offer our assistance to open an account in HSBC Bank in Hong Kong, a wholly owned subsidiary of HSBC Group.
| Headquarter of HSBC Group: | London, United Kingdom |
| HSBC Hong Kong | 162 branches in Hong Kong |
| Year of foundation: | 1865 |
| SWIFT code: | HSBCHKHHHKH |
| Languages supported: | Chinese (Cantonese, Mandarin) and English |
| Currencies supported: | Multi-currency account including USD, EUR, CHF, JPY, CNY, GPD, and HKD. |
| Type of account: | Commercial banking account |
| Documents required for the account opening: | Original copies of corporate documents, passports, proof of residence, and detailed proof of business. |
| Personal appearance of beneficiaries: | Appointment in Hong Kong required. The visit of all directors and signatories is required. |
| Restrictions on the account opening: | Account opening is available for Hong Kong, and registered offshore companies. |
| Processing time of the account opening: | Normally 2 weeks, with all required documents provided. |
| Minimum deposit required: | HKD 10,000 (not frozen) |
| Minimum balance required: | HKD 50,000 otherwise monthly charge of HKD 100 applies |
| Internet-banking: | Available |
| Debit / ATM cards: | Available (UnionPay, EPS), no maintenance fee. |
| Credit cards: | Available (MasterCard, UnionPay) fixed deposit of min HKD 30,000 required |
| Personal banker: | Depends on the bank's decision |
| Fee charged by the Bank for account opening: | HKD 1100 paid by cheque at the bank meeting |
| Maintenance fee: | HKD 100 per month, if the balance is lower than HKD 10,000 |
| Charge for incoming funds: | Outside of Hong Kong: fixed rate of HKD 65 Inside of Hong Kong: HKD 15 |
| Charge for outgoing funds: | Outside of Hong Kong: fixed rate of HKD 115 Inside of Hong Kong: HKD 55 |
