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HANG SENG BANK Account in Hong Kong

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Being part of the HSBC Group, Hang Seng Bank is a one of the leading Hong Kong public banks with 220 established branches. In 1969, it established the stock market index - Hang Seng Index – the primary indicator of the Hong Kong stock market. Hang Seng Bank is a commercial bank whose major business activities include retail banking and wealth management, corporate and commercial banking, treasury services, and private banking.

We offer our assistance to open an account in Hang Seng Bank in Hong Kong.

Country of registration:Hong Kong SAR
Year of foundation:1933
Languages supported:Chinese (Cantonese, Mandarin) and English
Currencies supported:Multi-currency account including USD, EUR, CHF, JPY, CNY, GBP, and HKD.
Type of account:Commercial banking account
Documents required for the account opening:Original copies of corporate documents, passports, proof of residence, and detailed proof of business.
Personal appearance of beneficiaries:Appointment in Hong Kong is required. The visit of all directors and signatories is required.
Restrictions on the account opening:Account opening is available for Hong Kong registered companies only.
Processing time of the account opening:Normally 2 weeks, with all required documents provided.  
Minimum deposit required:HKD 10,000 (not frozen)
Minimum balance required:HKD 50,000 otherwise monthly charge of HKD 180 applies
Debit / ATM cards:Available (UnionPay, EPS), no maintenance fee.
Credit cards:Available (MasterCard, UnionPay), HKD 600 annual fee, fixed deposit requirement
Personal banker:Depends on the bank's internal decision
Fee charged by the Bank for account opening:HKD 650
Maintenance fee:HKD 180 per month, if the balance is lower than HKD 50,000
Charge for incoming funds:Outside of Hong Kong: fixed rate of HKD 65
Inside of Hong Kong: HKD 15
Charge for outgoing funds:Outside of Hong Kong: fixed rate of HKD 110
Inside of Hong Kong: HKD 55

Terms and conditions are subject to change.

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