Bank account opening assistance in leading banks

Opening corporate bank accounts can sometimes be challenging, but having a fully functional account is essential for newly established companies. At 818HI, we simplify the process and assist your business in setting up accounts with top banks, including HSBC, CitiBank, DBS, Airwallex, OCBC, Bank of China, and more.

Understanding KYC (“Know Your Client”) Requirements

Each bank has specific criteria for bank account applications. Generally, you will need to provide:

•Identification: Passport of directors/shareholders owning at least 10% of company shares.

•Proof of Address: Recent utility bill or bank statement (issued within the last 3 months).

•Company Documents: Certified copies of key documents such as:

•Certificate of Incorporation

•Business Registration Certificate

•Articles of Association

•Incorporation Form

•Annual Return (if the company is more than 1 year old)

•Ownership Structure Chart: Including all intermediary and beneficial owners.

•Declarations: Director/Beneficial Owner declarations.

•Business Proof: Sales/purchase invoices along with matching bank statements. For newly formed companies, documentation of prior business activities from the past 2-3 years may be required.

How We Can Help

818HI streamlines the account-opening process by ensuring all documentation and requirements are met efficiently. Whether you’re setting up a business in Hong Kong or other jurisdictions, our expertise ensures a hassle-free experience.

Contact us today to learn how we can assist you with bank account opening services tailored to your needs.