Everything You Need To Know Before Opening a Bank Account
Whether you are a Hong Kong resident or a non-resident it’s important to get an idea of the application process before deciding to open a bank account in Hong Kong
What documents do I need?
The following documents are required for opening a bank account in Hong Kong:
- Your official ID, such as a passport or a HK ID card;
- Proof of address (a utility bill, a bank statement or a mobile phone bill will do if they are less than 3 months old). In case you can’t provide a Hong Kong address, give the proof of your residence in your home country
- A valid visa
- Employment confirmation or a contract (in case you work in Hong Kong)
What if I’m not a Hong Kong Resident
You don’t have to be a permanent resident to open a bank account in Hong Kong. Passport holders from the EU, US, or Australia should find the process straightforward.
Bear in mind that different banks have their own requirements for non-residents.
How To Open a Bank Account Online
Unfortunately, you can’t open an account online if it is your first one in Hong Kong. This is because the country’s financial regulations follow strict anti-money laundering rules. Once you open a bank account in HK and setup online banking, you will be able to open other accounts online.