Can a BVI company open a bank account in Macau?
Can a BVI company open a bank account in Macau?
I assume an ordinary HK resident can go and open one. So can mainland billionaires trying to move cash abroad (via casino bank cheques no doubt)
A short update: Out of curiosity I asked at HSBC today. Now foreigners can also in HSBC only open an account if they have a work or residence permit or another good reason like owning a property in Macau.
Should be possible with HSBC provided you pass their KYC procedures, but make sure you can meet their minimum balance requirements (around MOB200,000, if not a monthly fee of MOP3,500; started about end of last year).
What about banks on Macau other than HSBC?