Hi all,
I tried searching for an answer here and elsewhere but couldn't find much info (maybe my searching skills are getting rusty).
I was born in HK with a HKID, left when I was young and became a naturalized US citizenship growing up in California, moved to Singapore for 8 years, and now back in HK for work. Opening a bank account in Singapore was super easy, and I had no choice but to use my US passport because my work visa at the time was based on my American citizenship.
Now that I'm back in HK, I obviously can open an account using my HKID, but what about my US citizenship? I'm guessing by American law I need to disclose it to the HK bank. Otherwise, I would be suspected of hiding money abroad, and I wouldn't want the bank here to get into trouble.
Also, I heard and read that the mere fact I'm a US citizenship means the new-account application process would take weeks. Is this true? I need to open an account ASAP, or else I won't get paid by my company for this month!
Thanks in advance for any advice.