Hi, I need to open a Hong Kong bank account, I have read all the other posts but still have a few questions, if you dont mind.
* I am Non Resident in Hong Kong - any favoured bank, or any to avoid?
* I Need account with visa or master cheque card, internet banking and paypal support
* I looked at the Premier account from HSBC, to open the account is it a requirement to have HK$1mil with them or is that only needed to waive monthly fee?
* Besides passport & government issued ID, I have current statements (going back 12months) for my private banking in South Africa, and USA, a Diners Club card and Platinum Amex with combined spend of between 100 and 200 thousand US$ per month. Anything else needed?
* Would 4 business days be long enough to get everything done?
Oh yes function of the account, I want money in Hong Kong, so that I can transfer funds to companies I deal with there instantly or next day - they all bank with HSBC and Hang Seng, TT from SA takes way too long usually over a week.
I appreciate you taking your valuable time to read this, any pointers would be welcomed and truly appreciated.
thanks