Can non-residents open bank accounts in Hong Kong?

Yes, non-residents can open bank account in Hong Kong, but the process may be more complex than for residents. Non-residents may need to provide additional documentation, such as a passport and proof of address, and may also have to comply with more stringent Know-Your-Customer (KYC) and Anti-Money Laundering (AML) requirements.

Moreover, some banks may have specific eligibility criteria for non-residents, such as requiring a minimum deposit or a referral from an existing customer. Therefore, it is advisable to check with the bank beforehand to ensure you have all the necessary documentation and information, and to confirm their eligibility criteria for non-residents.

For more information on the complete guidelines for business bank account opening in Hong Kong, visit our website at https://asiabc.co/services/bank-account/hk-company-business-account-opening/.

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