Hong Kong Offshore Banking

Hong Kong offshore banking is an excellent strategic option for international entrepreneurs. Hong Kong is one of the world's leading financial hubs, providing security and stability as well as world class standards of service. Healy Consultants maintains excellent relationships with leading international banks in Hong Kong, and this is reflected in our offshore banking services. Some points to consider with offshore banking in Hong Kong include:

Hong Kong offshore banking boasts world-class Internet banking facilities. Hong Kong offshore banking is available in multiple currencies. Healy Consultants works with internationally recognised banks such as HSBC, DBS, Standard Chartered and Citibank to provide the best services to our clients.

In spite of the advanced nature of the Hong Kong offshore banking sector, opening a bank account is a challenging process. The time taken to fully open a Hong Kong corporate bank account takes between four and six weeks. This includes our client receiving i) corporate bank account number ii) ATM card iii) Cheque book iv) Internet banking PIN numbers and v) the Internet banking security device.

Hong Kong offshore banking requirements however are increasingly more stringent. For example, banks require additional client information such as i) a detailed business plan outlining the company's products and services, a market analysis and information about the bank signatories ii) examples of contracts and invoices in the name of the company and iii) recent proof of address of the bank signatories (in English).

Healy Consultants' Hong Kong offshore banking fees amount to US$2,300. This fee includes the following Hong Kong offshore banking services:

Healy Consultants will complete all required Hong Kong offshore banking account opening forms on your behalf, without the need for you to travel personally, Our clients simply sign the designated fields on the forms;

Submitting the Hong Kong offshore banking application to the bank together with certified corporate documents and required due diligence provided by the bank signatory(ies);

Preparing a detailed business plan containing information about the business;

Healy Consultants attending a bank interview in Hong Kong on your behalf, describing our client's global business activities and explaining why our client requires a Hong Kong corporate bank account;

Paying the initial deposit into the account, and e-mailing a scanned copy of the deposit slip to our client as verification;

Applying for corporate internet banking facilities on our client's behalf;

Applying for a corporate ATM card and corporate cheque book on our client's behalf;

Healy Consultants receiving the credit card, ATM card and cheque book in a sealed envelope, and passing this on securely to our client.

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