For banks in Hong Kong such as Hang Seng Bank and HSBC etc.
How old would you need to be to create a bank account? (Not credit card)
How much initial savings would you need to create a bank account?
For banks in Hong Kong such as Hang Seng Bank and HSBC etc.
How old would you need to be to create a bank account? (Not credit card)
How much initial savings would you need to create a bank account?
I assume 18 year minimum. I opened one up today with my passport and a letter from my employer confirming my HK address.
(I'm 18+ btw.....indeed 18+22 )
HSBC has a "Childrens Savings Account". From their website:
But obviously you're going to need your parent's signatures to open it."Children Savings Account" is applicable to customers below the age of 18. The initial deposit amount is HK$300 and there is no minimum balance requirement nor monthly service fee. However, a HK$20 counter transaction fee will be applied for every transfer/cash withdrawal made over the counter.
It really depends what type of account and what controll over the money will minor have. I think you are better off going to the branch and finding out.