Open Hong Kong Business Bank Account in Hang Seng Bank (HK)

How to open the Hong Kong business account after Hong Kong company incorporation? Business China will introduce the Hang Seng Bank for you here.

As the second largest listed bank in Hong Kong, Hang Seng Bank is established in the year of 1933. Hang Seng capital is a commercial bank focused on Hong Kong and mainland China. The main businesses include personal finance, commercial banks, business and financial institutions, financial services, and private banking services.



Hang Seng bank is also responsible for calculating the Hong Kong stock market reference index: Hang Seng index. Hang Seng bank is one of the 30 stocks in the hang seng index, an important indicator of Hong Kong's stock market. In addition, the shares of hang seng bank in Hong Kong are listed and traded on the London stock exchange and provide investors with a first-level sponsorship of the American depository plan in the United States.

Required Documents of Hong Kong Business Account Opening

• Valid Business Registration Certificate
• Business Address Proof (if different from Business Registration Certificate)
• Identification Documents / Nationality Proofs & Residential Address and Permanent Residential Address Proofs (if different from Residential Address) of Sole Proprietor/ Partner, Authorised Signers, Key Controllers and Direct Appointees.
• Identification Documents / Nationality Proofs required from Users (Phone Banking Users/ Primary Users of Business e-Banking/ Hang Seng Cardholders/ Authorised Commercial Card Users)
• Company Chop (if applicable)
• Initial Deposit of HKD20,000
• Acceptable Business Proofs include but not limited to: Confirmed order／Sales Contract／Invoice／Packing List／Documentary Credit／Lease of Office／Provisional Sales and Purchase Agreement (for Property Holding Company)
• Product or Service Information, such as: Applicant’s Website／Applicant’s Leaflet / Brochure
• Information on counterparties (Suppliers, Buyers, Customers), including related countries and their Products or Services, such as: Counterparties’ Website／Counterparties’ Leaflet / Brochure
• Latest Financial Information of the applicant, such as: Latest Audited Report／Latest Three Months Bank Statements
• Documents to show relevant experiences of Directors, Authorised Signatories, Beneficial Owners and Key Controllers, such as: Relevant Employment Letter／Relevant Certificate／Relevant License
• For Newly Established Company, the below Documents are also considerably acceptable: Latest Financial Information / Source of Wealth of the Beneficial Owners#, such as Tax Demand Note, Bank Statement of Personal Account ／Agreement or communication with potential Buyer or Supplier