Hong Kong companies risky for US?

[Alexmorgan]

Gentlemen

I have a contract to sign for a partner and the company is in Hong Kong as registration and banking

Is sending over 2 Million $ from my company Mercury bank will be risky?

Is Hong Kong considered as risky country to the US banking?

 

[Legal]

What is the purpose of this payment?

Where they⁤ have a bank account?

 

[Alexmorgan]

Its consulting business i want them to partner with my company

And HSBC is the bank

So is this considered as safe ?

I mean Mercury wont‍ close my company account for 6 months and then they say f..ck off and see⁠ other banks to bank with?

 

[Legal]

Officially, HK and the mentioned bank are not⁤ blacklisted, you need to refer to Mercury and ask them about their approach based on⁣ internal policy.

 

[Alexmorgan]

The problem is that i dont think they know

Even if they are fine the⁠ partner bank may have different opinions which i wont be able to be in touch⁤ with them at all

 

[Sols]

Hong Kong is a major international financial center. 2 million going from US to Hong‌ Kong is about as remarkable as a snowflake in a blizzard.

As long as your‍ papers are in order and you can provide agreements/invoices if requested, the transfer itself won't⁠ stand out.

Mercury wants account holders to have a genuine US presence/connection. If all you're⁤ doing is funneling money to HK, they might question the relationship on that basis.