Low/No Balance Business Bank Acct Recommendation

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  1. #1

    Join Date
    Jul 2006
    Posts
    17

    Low/No Balance Business Bank Acct Recommendation

    Hey guys,

    I've been looking around to open a business current account that has a low minimum or no balance requirement in HK but it seems to me that banks don't openly offer accounts of this sort. Every time I call they ask for minimum of $50k but all I need is to be able to accept cheques from clients for a small business.

    Anyone have any suggestions as to which banks they've dealt with that offer low minimums to avoid monthly bank fees? ATM access is a must and ATM deposits for cash/cheques even better. Can't stand the long ass lines in HK banks....what a way to waste my life away.

    Thanks in advance!


  2. #2

    Join Date
    Jun 2010
    Location
    Tuen Mun
    Posts
    6,196

    Ching Hing Bank

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  3. #3

    Join Date
    Feb 2010
    Posts
    7,446

    HSBC has a minimum of $10k and then they charge $50 a month. Or $60 a month can't remember the actual amount.

    Last edited by virago; 22-10-2012 at 02:58 PM.

  4. #4

    Join Date
    Feb 2012
    Posts
    32

    Hang Seng offer 1 year free fees for new business accounts. seems ok i just opened one.