Each bank to open an account on the company has a set of very strict account opening procedures. Because every bank accounts outside the requirements and the required information varies, corporate For, must first inquire and learn more about the bank in Hong Kong to open a bank account opening procedures, this villain is often time-consuming, so that enterprises increase the cost of a lot of time, especially in offshore companies, when the information required to open an account it is possible because of the different requirements for banks issued by different materials,As registered within one year of the BVI and other offshore companies, banks generally require customers to produce a Certificate of Incumbency (surviving proof); if the company is registered in more than one year, the banks generally require customers to produce a Certificate of Good Standing (subsisting proof) and Certificate of Incumbency (director working to prove).

      In view of this, we are ad hoc bank account services, arranging various international banks in Hong Kong to open a corporate account, and assist appointment bank accounts and prepare the necessary documents, such as: a valid notarized copies of documents, bank letters of recommendation, the Directors statement, the Board of Directors meeting minutes, etc., so no worries other companies.

Open a bank account in Hong Kong benefits:
1. The transfer of funds, freedom from foreign exchange controls
2. Convenient settlement payments, limit the use of funds from control
3. offshore accounts can be manipulated through the network in the territory
General information required to open an account at:
1. To approve the original account of the meeting record
2. Certificate of Incorporation (accountants notarized copy)
3. The business registration certificate (notarized copy of Accountants)
4. Notice of appointment of directors and secretaries (accountants notarized copy)
5. Articles of Association (accountant notarized copy)
6. Each directors identity / passport

7.Each directors personal address proof (such as water, electricity bill)

HSBC referred HSBC is the largest commercial bank in Hong Kong, one of Asias largest commercial banks outside of Japan, the worlds largest multinational banks. Success for Hong Kong Companies Registry, you can open a HSBC account. Odd Sheng HSBC accounts provide services to all new and old businesses and individual clients.

HSBC offers services:
1. Personal Banking Services
For individuals and SME customers with credit cards, personal loans, mortgages, deposit taking and wealth management services.
2. Commercial Banking Services
Providing trade finance, cash management, lending, custody, foreign exchange, debt capital markets and corporate finance services to corporate and institutional clients.
HSBC Bank Account Type:
1. Local Account
Refers to the local bank in Hong Kong enterprise accounts opened.
2. offshore accounts
Refers to Hong Kong enterprises in the areas outside the bank accounts opened, for example, Hong Kong enterprises in Shenzhen, Shanghai, Malaysia, the United States accounts opened, called offshore accounts.
Local, offshore account opening required information / conditions:
1. The director of identification documents (passport or between Hong Kong and Macao) original;
2. The original business registration certificate;
3. The original certificate of registration;
4. One of the original articles of incorporation (in English);
5. The company seal;
6. The original record of the meeting;
7. opening documents signed accountant;
8. HSBC directors personally signed.
Bank credit
     Letter of credit that is Letter of Credit, referred to L / C, is a bank to open a written document conditional promise of payment. Specifically, the letter of credit is a bank based on the requirements of importers, exporters issued to authorize the exporter or importer issuing bank draft drawn to ensure that in the case of normal transactions, must ensure that the relevant amount of cash file.
     Proper use of credit risks of foreign trade transactions can be converted into the banks risk, so do your banking and credit intermediaries overseas customers. Odd Sheng provide banking services to all letters of credit issued by the old and new business customers.
Bank credit Features
1. First-issuing bank, and is independent of the payment obligations;
2. The letter of credit is a self-contained file;
3. The letter of credit is a document the sale.
Bank credit to main content
1. Description of the letter of credit itself;
2. cargo requirements;
3. transportation requirements;
4. Requirements for documents;
5. Special requirements;
6. issuing bank to the beneficiary and the holder of a bill payment guarantee responsibility sentence;
7. abroad to permit filling;
8. Inter-bank wire transfer claims provisions (t / t reimbursement clause).
Bank letter of credit issued by the program
1. The letter of credit to the banks for the payer, the payer delivery procedure costs and margin;
2. issuing bank issued a letter of credit to the payee;
3. After obtaining the payee payment guarantee delivery.
Bank letter of credit issued by the condition
1. Good communication with the bank;
2. payer (importer) has the right to import and export;
3. payer money to deposit the corresponding amount as a deposit.
How to open a bank account
     After the establishment of the company, opening a bank account is also required to do, the enterprises should How to open a bank account? Customers can choose in Hong Kong or Chinas foreign banks to open accounts in Hong Kong to open a bank account called a local account, regions or countries outside Hong Kong to open a bank account called offshore accounts.
Bank Account program:
1. Customers submit bank account application;
2. The application for the grant in accordance with the bank account numbers put;
3. The bank checks sent to customers (such as customer applied), online banking passwords, phone banking passwords and other confidential documents;
The bank confirmed that "Internet Banking Password" start;
5. Customer first "Internet Banking" login service;
6. mailed or direct bank debit card customers receive and "debit card" Password
   Local accounts and offshore accounts difference:

项目Project	本地账户Local Account	离岸账户（中国内地）Offshore accounts (Mainland China)
资金进出（Funds out）	基本不受管制（Basic unregulated）	受中国金融管理机构监管（China regulated financial regulatory agencies）
银行收费（Bank charges）	很少（Seldom）	相对较高，按每笔收费（Relatively high, according to each charge）
开户证件（Account documents）	护照或香港通行证（passport or Permit）	身份证或护照（ID card or passport）
开户速度(Account rate)	较快（Faster）	较慢（Slower）
提存现金（Escrow cash）	可以直接存现和提现（You can directly deposit cash and cash withdrawal）	不可直接存现和提现（Not directly deposit cash and cash withdrawal）