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Has it really become so difficult to open a personal account in HK?

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  1. #1

    Join Date
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    Has it really become so difficult to open a personal account in HK?

    Has anyone any recent (this month) experience with opening an account as a non HK resident? Please share, as with HSBC it seems almost not possible anymore as what I heard.


  2. #2

    I could open an account at HSBC Central with my work contract and passport. Couldn't anywhere else without a proof of residency linked to my Id (my passport in this case).

    Sent from my GT-I9100 using GeoClicks Mobile


  3. #3

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    I am talking about someone who is not a resident, comes to HK as a visitor and wants to open an account. As you had a working contract you are to become a resident and it should be no problem with an address proof.


  4. #4

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    Quote Originally Posted by hktraveller:
    I am talking about someone who is not a resident, comes to HK as a visitor and wants to open an account. As you had a working contract you are to become a resident and it should be no problem with an address proof.
    try to do it in the US, mission impoosible 4
    z754103 likes this.

  5. #5

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    Quote Originally Posted by dumbdonkey:
    try to do it in the US, mission impoosible 4
    What has the situation in the US to do With HK? It is sad enough that HK banks follow their ridiculous rules. Ok, let's get back to Hong Kong and what the current situation is.

  6. #6

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    Standard Chartered appear to be ok - accept passports.

    https://forms.online.standardcharter...R_SAV_SAHK_BNR


  7. #7

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    Quote Originally Posted by drumbrake:
    Standard Chartered appear to be ok - accept passports.

    https://forms.online.standardcharter...R_SAV_SAHK_BNR
    Following your link it says
    Please have the following documents ready:
    * HKID
    * Residential Address Proof

    Passport needed in addition if HKID is not permanent.

  8. #8

    Join Date
    Jul 2011
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    I had no probs 4 yrs ago at NCB showing only passport. May have changed since that time. Now have also checking at same bank. Much prefer shorter lines in bank lobby and cash widow compared to HSBC.


  9. #9

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    Quote Originally Posted by hktraveller:
    Following your link it says
    Please have the following documents ready:
    * HKID
    * Residential Address Proof

    Passport needed in addition if HKID is not permanent.
    I see this statement on SCB:

    Please provide Passport or Document of Identity Proof if you are not holding Hong Kong Permanent Identity Card
    I do not see "in addition".

  10. #10

    Join Date
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    I think it may be harder for Americans to open accounts because of the stringent rules about reporting on them, so not worth the hassle. Other nationalities may be fine - I had no difficulty opening an account with just a passport prior to moving here.

    Paxbritannia likes this.

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