Which domestic bank can open a Hong Kong account?

Hello, there are eight banks, and only eight banks in China can open Hong Kong accounts, namely ICBC, CCB, BOC, Hang Seng, Minsheng, HSBC, Wing Lung and China Merchants. If you want to open a Hong Kong account, you can consult the offline business halls of these banks or apply in official website, but each bank has its own requirements and regulations for users to open a Hong Kong account. For details, please call the bank customer service.

: 1. Advantages of opening a Hong Kong bank account

1. Promote investment in Hong Kong stocks

Compared with A-shares, Hong Kong stocks have richer trading varieties and more flexible trading rules (T+0, etc. ). It is very suitable for domestic investors to conduct reasonable A-share hedging;

2. Personal SOHO foreign exchange collection

Self-employed individuals engaged in import and export trade need an account that can be exempted from domestic foreign exchange control and foreign funds can freely enter and exit to meet daily business needs;

3. Allocation of overseas assets

Mainland high net worth individuals need to use Hong Kong overseas accounts to allocate overseas assets to overseas real estate, overseas investment and overseas immigration projects;

4. Hong Kong Insurance

There are also some mainlanders who are interested in the multi-insurance advantages and high dividends of Hong Kong insurance. To buy insurance in Hong Kong, they need to pay a Hong Kong insurance policy and an associated account.

Two: the method of opening a bank account in Hong Kong

Hong Kong bank accounts are widely used and have become the new favorite of mainland residents in recent years. In addition, domestic UnionPay cards cannot be used to collect foreign exchange and pay insurance policies. Therefore, these people urgently need to apply for their own Hong Kong accounts. The general application method is as follows:

1. Mainland witness opens an account

There is no need to go to Hong Kong in person. The bank witness business that directly opens an account in the mainland has always been favored by the mainland people. However, due to the tightening of the threshold for opening accounts in Hong Kong banks, the mainland witness account opening service has greatly improved the requirements for opening accounts.

Go to Hong Kong in person

Compared with witnessing an account opening in the Mainland, opening an account directly in Hong Kong is the second option.

Basically, after coming to Hong Kong, you can apply for opening an account in a foreign bank, such as Hang Seng Bank, HSBC, DBS Bank, uob, ICBC (Asia) Bank and Overseas Chinese Forever Bank. According to different banks, the required account opening documents are also different. Please contact the relevant bank for details.

3. Entrust an agent to open an account

Another feasible method is to find a company registered agent to entrust an account opening. As we all know, many foreign trade enterprises registered in Hong Kong actually have the real purpose of opening accounts. If you need to open an account, you can also entrust an agent to solve it.