Precautions for opening an account with Hang Seng Bank in Hong Kong:
1. To open an account with Hang Seng Bank in Hong Kong, all directors of the company are required to go to the bank to open an account in person. If the account signatory or company director is from mainland China, he must hold a China passport or a travel permit to and from Hong Kong and Macao before opening an account. Company documents and related materials should be brought.
2. As it is inconvenient for some directors to directly open an account with a Hong Kong bank, they can sign an account opening document (commonly known as signature witness) at the branch of the Hong Kong bank in China, and then go to the head office to handle the account opening formalities on their behalf after the branch bank delivers the document to the Hong Kong head office.
3. There is no rigid requirement for Hang Seng Bank to purchase financial insurance. However, because the bank manager doesn't get any commission, the bank account manager will ask for financial insurance and deposit a high amount. Of course, there are some situations now, that is, the account opening agent can avoid buying wealth management.
4. If you don't have a passport, you can open an offshore account at a branch of the Bank of Hong Kong in China. Account signatories and non-account signatories can apply as long as they have China Mainland identity cards. The account holder should bring relevant documents and materials.
Extended information
Information required for opening an account at Hang Seng Bank in Hong Kong:
1. Company registration certificate
2. Business registration certificate
3. Articles of Association
4. Form of incorporation (form NNC1) or the latest annual return (form NAR1)
5. If the company information has been changed, it must be submitted. Form ND4 Form
6. Business plan
7. Deposit in advance for opening an account
8. Shareholding ratio of shareholders and directors and information of authorized signatories: original documents of shareholders with 1% or more shares (ID card+Hong Kong and Macao Pass or passport)
Hang Seng Bank official website: application for opening an account.