How do mainland residents open bank accounts in Hong Kong?

Mainland investors can open Hong Kong bank accounts in the following two ways:

1. Go directly to Hong Kong and go to the local bank counter.

To open an account at the local bank counter in Hong Kong, you need to prepare the following materials: Mainland ID card, Hong Kong and Macao pass/passport, and deposit a certain amount when opening an account. At the same time, according to different deposit amount, there are different account types and different monthly fees.

2. Open an account with a mainland bank.

Investors can also go through mainland banks with branches in Hong Kong. Ordinary investors need to buy a certain amount of wealth management before they can handle it. Compared with going directly to Hong Kong to apply for a bank card, the threshold is relatively higher.

Bank account is the general name of deposit account, loan account and current account opened by customers in the bank. In China, according to regulations, all state organs, organizations, military units, schools, enterprises and institutions must open accounts in banks.

According to different purposes, bank accounts can be divided into basic account, special accounts and auxiliary accounts. In the accounting institutions of bank accounting, in order to ensure the truthfulness, completeness and correctness of account books, subsidiary ledger and general ledger are classified records and reflections on the sources and use of funds caused by banking business and financial activities.

A bank account is a financial account between a financial institution and a bank customer, also known as an account (Hongkong and Macau) or an account (Taiwan Province and Chinese mainland).

Bank accounts can be divided into deposit accounts, credit card accounts or other types of accounts provided by financial institutions. Financial institutions notify customers of transactions in their bank accounts at specific times through bank statements. The account balance at a specific time is the customer's position in a financial institution.

cheque account

Checking account. Individuals in China seldom use checks, but more enterprises use checks in business transactions. If you sign a check and someone else receives your check and cashes it at the bank, the money will be paid from your checking account. The check you signed is a cash check.

In America, the popularity of checking accounts is much higher. With the popularity of plastic cards (plastic cards, generally referring to debit cards and credit cards in the form of plastic cards), they are gradually replaced by credit cards and debit card payments, and in recent years, they have been divided into market share by emerging mobile payments. In the non-cash payment of daily life in the United States, checks have become less and less used.

Basic checking account

Basic Checking Account, also known as "no frills" account, can provide the simplest but most core personal payment service by saving a small amount of money (such as $250) to avoid the account management fee. Note that what is said here is "payment service", that is, the bank provides cash instead of paying you interest! Individual banks will also limit the number of checks they can write each month, and if they exceed it, they will charge extra fees.

Interest-bearing checking account

An interest-bearing checking account corresponds to a "no frills" account. You need to have a large balance of each account in the bank (for example, more than $65,438+00,000) to avoid paying the account management fee, and the money in the checking account can earn low interest. In addition, it also provides more personal financial services, such as free access to cashier's checks and drafts, and free transfer from savings account overdraft protection.