Hello OTC-Members,
as we do regular transfers to Citibank SG and Bank of China HK we want to apply for local bank accounts to reduce transfer fees and transfer times.
Is it possible to open account in local SG and HK banks with UAE Freezone?
We already have UAE bank account since 5 years for Freezone company. Business history and proof of payment history no problem.
Important is that we need retail banking no private banking with high minimum deposits / minimum balances.
Please share only your first hand experience - maybe you can suggest reliable agent.
Regards,
budget
as we do regular transfers to Citibank SG and Bank of China HK we want to apply for local bank accounts to reduce transfer fees and transfer times.
Is it possible to open account in local SG and HK banks with UAE Freezone?
We already have UAE bank account since 5 years for Freezone company. Business history and proof of payment history no problem.
Important is that we need retail banking no private banking with high minimum deposits / minimum balances.
Please share only your first hand experience - maybe you can suggest reliable agent.
Regards,
budget