Overseas bank account opening

Benefits of overseas company account

  • Online application issuance

    Online application issuance

    Online application for issuance/modification of import letter of credit, application for export letter of credit transfer, acceptance of import documents, submission of import document reimbursement instructions, inspection of import and export credit lines, inspection of various import and export transaction balances, transaction details and transaction records.

  • Check deposit online

    Check deposit online

    Check the balance and transaction records of deposit accounts, loan accounts and some structured investment product accounts online. Instantly browse, print and download electronic statements/electronic transaction notifications.

  • Easy to apply for cheques

    Easy to apply for cheques

    Apply for a cheque book online and choose to mail it to your company or pick it up at a branch, and you can submit a cheque stop payment instruction online.

  • Easy to query

    Easy to query

    Check deposit interest rates and exchange rates of RMB against major foreign currencies.

  • Convenient fund transfer

    Convenient fund transfer

    Accessible for up to 10 users. The main user has full authority to handle account operations and set accounts and permissions that general users can operate

  • Easy to write off

    Easy to write off

    The main user can check the operation records of all users, and the general user can check his own operation records. The main user can authorize individual general users to check the operation records of all users.

Reasons for Account Rejection

Reasons for Account Rejection

  • Too many empty accounts

  • Government financial supervision

  • To choose quality customers

  • Conditions not satisfied

  • To control account opening

  • Too many empty accounts

    Too many empty accounts

    Hong Kong banks take inventory of existing accounts, and have not used them after opening too many accounts, causing a waste of bank management resources

  • Government financial supervision

    Government financial supervision

    The financial supervision of the country and the world is getting higher and higher, requiring strict supervision of banks and strict review of account opening conditions.

  • To choose quality customers

    To choose quality customers

    Hong Kong banks open too many accounts and are close to saturation. The screening of high-quality customers has become an unspoken rule of the industry, which is driven by recommendations to purchase wealth management products.

  • Conditions not satisfied

    Conditions not satisfied

    Industry is restricted, business and funds involve sensitive countries and regions, and funding qualifications are not up to standard.

  • To control account opening

    To control account opening

    In combination with market saturation, many empty accounts, government, and internal, etc., there will be some restrictions on the number of accounts.

WTEC Advantages of opening

WTEC Advantages of opening

  • Account opening guarantee

    We maintain strategic partnerships with a number of well-known banks to ensure success. If it fails, a refund will be made

  • Quick account opening

    Through the bank VIP channel managed by designated people. Bank accouts will be quickly opened

  • Exclusive plan

    A dedicated person is responsible for understanding the details of the customer and matching the appropriate bank

  • Brand protection

    20 years of industry account opening experience in WTO. Real-time understanding of the latest account opening trends

Provide account opening service

Provide account opening service

  • Choose a suitable bank according to the customer's situation

    Choose a suitable bank according to the customer's situation

  • Assist clients in preparing various account opening documents, including company registration documents, meeting minutes, shareholder framework diagrams, accountants and lawyers, etc.

    Assist clients in preparing various account opening documents, including company registration documents, meeting minutes, shareholder framework diagrams, accountants and lawyers, etc.

  • Make an appointment for the customer to open an account and follow up the progress of the account opening

    Make an appointment for the customer to open an account and follow up the progress of the account opening

  • Professional consultation and processing of asset planning for subsequent maintenance of bank accounts

    Professional consultation and processing of asset planning for subsequent maintenance of bank accounts

  • Inform relevant policies and regulations in a timely manner

    Inform relevant policies and regulations in a timely manner

  • Optimize corporate tax structure and provide corresponding supporting exclusive solutions

    Optimize corporate tax structure and provide corresponding supporting exclusive solutions

What documents are required to open an overseas company bank account

Account opening information

  • Hong Kong
  • Singapore
  • Basic documents of Hong Kong companies

    Hong Kong

    Certificate of incorporation
    resolution of the first director
    share certificate
    establishment announcement
    commercial secretary authorization document

  • 香港公司基本文件

    Domestic company

    Copy of business license + official
    seal 2-3 sets of complete order data including: related contracts
    bill of lading declarations value-added tax invoices
    bank statements (company bank statements in the past three months)
    business cards (if any)
    product introductions (leaflets/websites)

  • 香港公司基本文件

    Shareholder and directors’ asset proof

    Each director’s personal bank account turnover in the last six months (the more the balance, the better.) At least a balance of 100,000 yuan or more is also required, stamped with the official bank seal, original/real estate certificate/financial management certificate, etc., together with the director’s passport or ID
    card pass receipt and address proof
    utility bills within three months,
    credit card statement, and the original telephone bill statement

  • Singapore companies

    Singapore companies

    Certificate of incorporation,
    resolution of the first director
    share certificate
    establishment announcement
    commercial secretary authorization document

  • 香港公司基本文件

    Domestic companies

    Copy of business license + official
    seal 2-3 sets of complete order data including: related contracts
    bill of lading declarations value-added tax invoices
    bank statements (company bank statements in the past three months)
    business cards (if any)
    product introductions (leaflets/websites)

  • 香港公司基本文件

    Shareholder and directors’ asset proof

    Each director’s personal bank account turnover in the last six months (the more the balance, the better.) At least a balance of 100,000 yuan or more is also required, stamped with the official bank seal, original/real estate certificate/financial management certificate, etc., together with the director’s passport or ID
    card pass receipt and address proof
    utility bills within three months,
    credit card statement, and the original telephone bill statement

Partner

Partner

  • WTEC Information