Dkans Internatioanl (HK) Ltd--Open HSBC bank account --
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Open HSBC bank account

When you have complete the process of opening Hongkong company, the next step is to open a bank account. The government hasn’t make rules for cooperation to set up bank account; managers can decide whether to open bank account on the basis of practical situation.

Local account and offshore account: to enterprises, the local account refers to those accounts opened in Hong Kong bank Offshore accounts refers to the accounts opened in other regions , like Shenzhen, shanghai, USA, UK and other places.
Comparison of HSBC Hong Kong and HSBC   domes  tic accounts:

  1.Important Note

     HSBC Bank :

(1). Please submit the following: 
(2). Complete registration information 
(3). Proof of address of directors 
(4). Directors’ ID cards, pass or passport, 
DKANS can help to make an appointment with one day’s notice;
Allowed to conduct Internet Banking;
At least two directors must go to the bank.


   HSBC China        

    HSBC’s current network in Mainland China comprises 92 outlets including 20 branches in Beijing, Changsha, Chengdu, Chongqing, Dalian, Dong guan, Guangzhou, Hangzhou, Qingdao, Ningbo, Shanghai, Shenyang, Shenzhen, Suzhou, Tianjin, Wuhan, Xiamen, Jinan, Xi’an and Zhengzhou, and 72 sub-branches in Beijing, Chengdu, Chongqing, Dalian, Guangzhou, Hangzhou, Qingdao, Shenzhen, Shanghai, Suzhou, Tianjin, Wuhan, Xiamen, Xi’an and Shenyang.

      2. HK company Account Opening Activation Fee

    HSBC Hongkong:

        Search Fee HK$100; 
        Integrated Account Opening HK$2,000; 
        Only cheque payments are accepted.

     HSBC China:  Search Fee RMB200;

  3.        Transfer-in fees

       HSBC Hongkong:   HK$50 per 1,000

       HSBC China:   US$6.6 per 1,000

 4.         Transfer-out fees

         HSBC Hongkong:   HK$150 - 200 per 1,000

         HSBC China:   Remittance amount + U.S. postal + 15% fee.

  5.       Cash withdrawal via Counter Service

         HSBC Hongkong:     No fee to withdraw cash

         HSBC China:    Amount received in Hong Kong dollars in cash: 1.5% + 2.5 per $1,000

    6.     Letter of Credit Application Fees

           HSBC Hongkong:          

(1). HK$260 per 1,000; 
(2). Telegram charge HK$200

           HSBC China:      NIL                                         


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