Opening a Bank Account in HK with DBS

[Clip]

Hello people,

I'm going to open a Bank Account for my own company in HK with DBS. I'll keep the progress here in case anybody is interested.

Before applying, they asked me to check this checklist:
https://www.dbs.com.hk/iwov-resources/forms/hksme/en/day-to-day/accounts/required-documents.pdf
Bests,

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Expat in Hong Kong - There are two ways to conquer and enslave a nation. One is by the sword. The other is by debt. - John Adams

 

[BTCNG]

Do they require that you will have any business linked activities in HK?

 

[Nicholas Van Orton]

Will follow this one closely

 

[Clip]

That would help. If not, I recommend Neat Business neat.hk (I'm not‍ affiliate with them)

 

[TurnedToRobot]

Good luck, if you have the right agent in HK and you setup everything there‌ together with him I don't believe it to be a real issue but more like‍ a question about money and someones budget.

 

[JohnLocke]

Let us know the outcome of all of this, would be nice to know what‌ option there are without personal visit.

 

[Clip]

Update: I had a meeting in Sheung Wang, HK today. They asked me 2 times‌ If I'm going to do anything with crypto and I said no. They asked me‍ for a contract with a customer in HK to check if I'm actually going to⁠ do any business. They told me to give me an answer in a week.

If you don't want to do personal visit, your best option is Neat Business.

 

[TurnedToRobot]

So they are very carefull in HK like the rest of banks Global wide 🙁 I thought it was easier.

 

[asterix]

Unfortunately for now one can't get a business account with Neat.hk‍ it seems:
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Neat Business - Waiting List
Thanks for your interest in Neat Business.⁠

IMPORTANT

At the moment, we are rolling out a new system, in order to offer⁤ top requested features, such as multi-currency accounts.

This means that we will not be opening⁣ new business accounts on our current system and we cannot yet offer you a HKD⁢ account.
We can, however, offer early access to our multi-currency beta, which allows you to︀ open a EUR & GBP account.

Want to be the first to get access?

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Or maybe one can, but through their incorporation service since a successful company incorporation will︁ automatically get a Neat Business account according to their blurb.