Opening an HSBC Account in Hong Kong: A Guide
What to bring to open an HSBC Hong Kong account, which branch to visit, and how to book a relationship manager.
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#HSBC Guide
#Branches Where You Can Open an Account
#Branch Opening Hours
Hong Kong banks are closed on Sundays and public holidays. Hong Kong public holidays include: January 1 (New Year's Day), the first and second days of Lunar New Year, Ching Ming Festival, Labour Day (May 1), Tuen Ng Festival (Dragon Boat Festival), HKSAR Establishment Day (July 1), Mid-Autumn Festival, National Day (October 1), Chung Yeung Festival, and Christmas.
#Preparation Before Opening an Account
I recommend going to the branch shown in the picture above, and telling them that Ms. Jiang recommended you, since she's already let the relationship manager know. If you can, book a time in advance. The booking phone number is +852 3663 0077. If you use WhatsApp, you can also add this mobile number to find the relationship manager.
#Documents Needed to Open an Account
- Original Chinese ID card
- Original Hong Kong and Macau Travel Permit
- Arrival slip (whether you use the self-service machine or go to a counter, immigration will give you an arrival slip)
No proof of address needed; no insurance policy purchase needed; no proof of assets needed; no deposit requirement
No proof of address needed; no insurance policy purchase needed; no proof of assets needed; no deposit requirement
No proof of address needed; no insurance policy purchase needed; no proof of assets needed; no deposit requirement
Important things get said three times. Yes, don't be anxious because an agent is trying to sell you something. As long as the bank has a physical card, you can take the card the same day. It's best to bring HKD 100 to 1,000 in cash, deposit it into the card on the spot to activate it, and change the password right there.
#Account Costs
No account management fee, no deposit requirement. Same-bank transfers within Hong Kong are free of charge. Transfers abroad cost HKD 50 per transaction for mainland China. Transfers to a same-name HSBC account in mainland China are free.
#ZA Bank Guide
ZA Bank is an internet bank. You don't need to go to a branch in person. Just download the app, set your phone's location to Hong Kong, and continue the account application. Upload your ID card and Hong Kong and Macau Travel Permit photos, verify your savings card, and then you can apply to open an account. Wait for a call from ZA, answer a few questions, and after manual review, the account opening is complete.