Hong Kong company - HK bank account

[topshore]

Hello here,
I have a company registered in Hong Kong since 2020 with a bank account and Singapore.

In order to expand my business, I would like to open a bank account in Hong Kong for the said company where I can visit any branch with physical access.

Which bank do you recommend?

 

[bibing]

Hang Seng

 

[Forester]

AFAIK, being onboarded by some HK bank it's not an easy task – practically impossible‌ without proven ties to HK (just a company registration do not suffice). But if you‍ need just a transactional account, i.e. not loans, letters of credit, safe box etc., then⁠ HK EMIs as Currenxie, Statrys, Airwallex will serve you well.

 

[J2PI]

You could try OCBC HK - they seem accessible and easy to deal with (esp.‌ if you are an SME - less than HKD10M per annum). You may need to‍ go for a face to face interview, though.
DBS are also SME friendly, and I⁠ think can process remotely.

If an EMI will be sufficient for your needs, Statrys or⁤ Rapyd (NEAT) both service HK companies. Also Bank of Asia may be able to give⁣ you a little more by way of service. [although these may not be able to⁢ satisfy your physical access requirement].

Personally I would not go for the "biggies" due to︀ volumes of unnecessary paperwork and less than dynamic service.