How do mainland residents open accounts in Hong Kong banks?

At present, many mainland residents go to Hong Kong to open bank accounts. If they do it in person, the procedure is simple and uncomplicated, that is, there will be a minimum deposit or financial management fee when opening a bank account in Hong Kong, and a fee will be charged if the deposit is lower than the amount. Next, I will explain to you the basic process of opening a bank account in Hong Kong.

How do mainland residents open accounts in Hong Kong banks?

Here is a summary of several common banks in Hong Kong, as well as their account opening conditions, fees and other information. Lazy people jump to the last big table and basically list the information for opening a comprehensive account (which can be used for foreign currency transactions such as Hong Kong dollars and RMB):

1. Standard Chartered Bank

Documents required for opening an account, such as Mainland ID card, Hong Kong and Macao Pass/Passport, cost HK$ 65,438+0,000 per month (RMB can also be exchanged on the spot). Depending on the deposit amount, there are different types of accounts, and the monthly fees charged are different: ordinary Hong Kong dollar deposit account (which can only deposit and withdraw Hong Kong dollars): the average daily minimum balance is 65,438+0,000 Hong Kong dollars; if it is less than 65,438+0,000 Hong Kong dollars, ordinary comprehensive deposit account (which can deposit and withdraw Hong Kong dollars, RMB and other 8 foreign currencies): the average daily minimum balance is 654.38+. Creative wealth management comprehensive account: the average daily minimum balance is HK$ 200,000, less than HK$ 360 per quarter. It takes 3 to 4 weeks to get a card in the mainland; It only takes 1 week to send to Hong Kong. How long will it freeze? In June 5438+00, a letter will be sent to remind the householder that it will be frozen if it is not used in June 5438+02. Tip: you can pick up the card on the spot, but there is no name of the head of household on it, so the security is not too high.

2. HSBC

Required documents: Hong Kong and Macao Pass/Passport, proof of address within 3 months (if the current address in the Mainland is the same as the ID card, it can be proved by the Mainland ID card). The account opening deposit is HK$ 65,438+0,000 per month. Ordinary Hong Kong dollar deposit account: the average daily minimum balance is HK$ 5,000. If the monthly fee is insufficient, the average daily minimum balance is 50 yuan Intelligent Integrated Financial Account (HK dollar deposit, HK dollar cheque, RMB, etc.). ) It's 65,438+0,000 Hong Kong dollars. Operating comprehensive wealth management account: the average daily minimum balance is HK$ 200,000, and the insufficient part is charged at HK$ 65,438 +0.20/ month. Excellent comprehensive wealth management account: the daily average minimum balance is HK$ 654.38+00,000, and the insufficient account is charged HK$ 380/month. It takes about 4 working days to get a card. You can go to the branch to get a card yourself and send it to the mainland for about 1 month. How long does it take to freeze an ordinary Hong Kong dollar account for eight months? The comprehensive wealth management account will be frozen if it is not used for two years. Tip: ID card and proof of address are only basic conditions. When opening an account, the bank staff may ask the customer the purpose of opening an account, and may even need to provide some other supporting documents (such as bank statements, payrolls, etc.). ). In addition, some branches of HSBC will also provide customers with temporary cards, but not all branches have temporary card reserves, so the security is not high. If you are not in a hurry to get the card, it is not recommended that you use it. If it is urgent, the customer service manager said that the Central Head Office and the Mong Kok flagship store have sufficient temporary card reserves.

3. Hang Seng Bank

Required documents: mainland identity card, Hong Kong and Macao pass/passport, proof of address within 3 months (mainland is enough, bank statement, water and electricity bill, etc. ) Account opening deposit of HK$ 5,000 or HK$ 65,438+HK$ 00,000. Monthly fee of ordinary HK$ account: the account opening fund is in 500 yuan, and there is no minimum balance requirement. But you can only use ATM to deposit and withdraw money. If you deposit or withdraw money at the branch counter, you need to pay a handling fee of HK$ 20. Simplify comprehensive accounts (including Hong Kong dollar accounts, foreign currency accounts, investment accounts, etc.). , no checking account): The average daily minimum balance is HK$ 5,000, and the difference is HK$ 50 yuan/month. Comprehensive account (including checking account): the average daily minimum balance is HK$ 65,438+00,000, less than HK$ 60/month. According to the arrangement of the branch, you may get the card on the spot or it may take 2-3 weeks to send it back to the mainland address. It won't be long before the account is frozen for two years.

4. BOC Hong Kong

How do mainlanders open accounts in Hong Kong banks?

Required documents: Mainland ID card, Hong Kong and Macao bank card/passport, proof of address within 3 months (required) and account opening fee of HK$ 65,438+0,000. The average daily minimum balance is HK$ 65,438+0,000, and the shortfall will be charged at HK$ 60 yuan/month, starting from the third month. It takes 4 working days to get a card, or you can pick it up at a branch. It takes about 1 month to send it to the mainland (it takes about 2-3 weeks in Guangdong). How long does it take to freeze? If there is no transaction within 2 years, it will be frozen. Tip: If you want to withdraw cash in the mainland, you can go to the ATM and choose "RMB account". The handling fee is RMB per transaction 15 yuan.

5. Citibank

Required documents: Mainland ID card, passport/pass, proof of address within 2 months, 0-month account opening fee, ordinary account: the average daily minimum balance is HK$ 65,438+0,000, and the insufficient part will be charged.

How long will it take to freeze a year without a transaction record, but you can call the bank customer service to unfreeze it.

To sum up, it is the basic process of how to open an account in a Hong Kong bank. Generally, there are basic deposit requirements, and if the amount is not enough, a fee will be charged. If you want to apply, you need to provide your ID card, Hong Kong and Macao Pass and proof of address. Generally, you will receive a bank card within one month, and you need to consult more laws and regulations to find it.