FAQs about Ping An Bank account
We have summarized sevrial Frequently Asked Questions here for you .You may have the same questions with them .If so you can find the exact answer here of your own.
Q: what’s the difference between bank account of Hong Kong and inland?
Answer: Hong Kong accounts and offshore accounts have different aspects: The first aspect is the unregulated movement of capital in and out of Hong Kong, the offshore account is opened accounts in foreign banks in China, should be subject to the supervision of the Chinese monetary authorities. The offshore account terms cannot be deposited in cash; bank charges, local accounts seldom cost offshore accounts each charge. The third aspect of the account opening documents, offshore accounts can accept the arrival of mainland ID holders to open an account, local account requires account holders must have a passport or pass. Fourth aspect: local account is fully functional offshore account in some functionality is limited. The fifth is the account opening speed, faster in the slower.
Q: How to open a bank account?
Answer: After the Hong Kong Company registration, the next process is to open a bank account. The Hong Kong 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.
Material needed：Account information: the original identity document of directors (passport or current permit) / original business registration certificate / registration certificate original / Articles of Association of the Company the original a / seal / meeting record the original / accountant certified full file
Person signature of directors: in order to protect the interests of shareholders, the bank require all directors to visit the bank signature at the time of registration for both local account and domestic offshore account, Gang Feng will remind customers about as the company's directors and shareholders must pay attention to sign personally.
Q: Could the company open more than one account? There is no necessary connection between them?
A: The basic account and non-account in Hong Kong to open an account. Enterprises can open numerous accounts. From a bank perspective, they are not necessarily linked. But, before you do account, you must put all banks and from the list of centrally submit.
Q: The newly established limited in what time can be found at the Registrar of Companies the background records of the company?
A: In general, the 16 working days that you can query the Registrar of Companies to the company's background record. The information is based on the film in the form of storage, convenient public who search. Under this condition, as long as it is a newly formed company, we want to open an account, and we'd better notify the concerned parties to the Registration Department after 16 working days to search. If the search company has been established for more than one month, search results come out within three days.
Q: What cities in the Mainland to open offshore accounts? How to operate offshore accounts opened in Shenzhen in different places?
A: the current situation, in Shenzhen, Shanghai, Guangzhou, Xiamen, Hong Kong banks can open an offshore account. If the customer is not convenient to Shenzhen, they can do a signature witnessed in Shanghai, Hangzhou, and Beijing. The password can take advantage of off-site, by phone, fax indicating banks operating account. Now some banks have begun to accept online banking operation.
These are the Frequently Asked Questions by our customers ,you can made your problem solved if you have the same questions in your mind.