• What accounts and services are available?
• Initial deposit, minimum bank account balance
  and monthly fee
• BusinessVantage Account
• Personal Bank Account
• Cash management account opening procedure
• Trade account opening procedure
• Internet Banking

• Hong Kong Dollar (HK$) Current Account (cheque book will be available);
• Multi - currency Account (including HK$, US$, EURO etc);
• ATM Card;
• Phone banking;
• Internet Banking;

For companies registered in Hong Kong (HK)
Please bring below when you're in HK

• Original Passport;
• Original Residential Address Proof - any utility bill, bank statement, ID card, driver licence with name and residential address on it (not more than 3 months old if it is utility bill);
• Business Background Info
  • business card, contract etc that shows business background;
• The form : BusinessVantage Account Opening Form

For companies registered offshore (such as BVI etc.)

• Same as HK registered company PLUS Certificate of Incumbency or / and Certificate of Good-standing (if applicable);

In the account opening meeting with HSBC :

• All documents should be certified by HKCPA and be completely ready (HSBC does not accept signing first and documents submission afterwards);
• Required personnel should all attend;
  • Directors sufficient for a quorum according to M&A should attend;
  • Shareholders holding 10% or more should attend;
  • Authorized signatory should attend;
• Client should provide detail of the company¡¯s business;
• Client should specify which corresponding address to use (can be different from company register address and can be overseas address);
• Initial deposit should be ready;
• Bank account number will be released to client within 7 days;
• Client can use the account immediately for fund deposit but need to wait around 3 days for money withdrawal (when the bank account is formally opened).

Around 2 weeks later :

• PIN number for internet banking, ATM card, cheques book etc will be sent to corresponding address;
• Client can then register the 1st stage of internet banking;
• To activate internet banking, client should sign the acknowledge receipt and mail back to HSBC.

In the account opening meeting with HSBC :

• All documents should be completely ready (HSBC does not accept signing first and documents submission afterwards);
• Client should specify which corresponding address to use (can be overseas address);
• Initial deposit should be ready;
• Bank account number, ATM card & card PIN, cheques book and phone banking PIN will be released to client immediately;
• Client can use the account immediately for fund deposit and withdrawal;
• ATM card should first be used and activated in Hong Kong. Otherwise, it cannot be used overseas.

Please note that :

• Extra bank charges is required for opening of trade account;
• Client needs to provide sample trade documents (trade agreement, invoices etc) in opening of trade account;

Client should note that as a new client to the bank, it is common for banks to ask for 100% cash / property security to issue L/C.

1. Client will receive PIN number and security device (key-ring size password generator). Client can register via internet to activate the full function .
2. To activate internet banking, client should sign the acknowledge receipt and mail back to HSBC.

• Client can use written instruction (Fund Transfer Form) to transfer money globally, or
• Use cheques to transfer money to 3rd party in Hong Kong.

• Part 1
  1. Client should register the internet banking via www.hsbc.com.hk with ATM Card PIN / Phone banking PIN;
  2. Internet Banking Security Device (password generator) will send to client's corresponding address within 2 weeks;
  3. Part 1 internet banking is for balance enquiry and internal transfer only.
• Part 2 (For global money transfer)
  1. Please download this form &sign : Internet Banking / Phonebanking / ATM Transaction Limit Revision Request Form
  2. After signerture. Please send back to HSBC to process.

For more "Internet Banking" operation information
Please refer to [ HSBC - Account Operation ] Section