Foreign Currency Account

Foreign exchange account opening

Advantage of the exchange account:

1. Amount receiving without limit, exchange amount without limit

2. Bank direct platform, reliable and safe for the fund received

3. Can receive multi-currencies

4. Exchange the currency freely according to the business needs

5. Can keep foreign currency in the account

6. Governmental quota supported

How can I open a bank account in China mainland or Hong Kong?

There are different requirements for different type of account opening. It depends on the account nature. Generally speaking, below are required for all types of account opening.

1.      Company registration license and other registration documents.

2.      Director or shareholder’s passport.

3.      Company business proof: Waybill / air waybill / customs declaration / invoices / contracts or mainland companies’ business license, invoice / contract. Those documents will support to prove the company’s legal business activities.

4.      Company turnover supporting documents: Bank statements of the shareholder/director in the pass 3-6 months to show his/her bank movements.

5.      Explanation on the business scope, business plan, etc.