Dear foreign friends in Guangzhou, you may deal with money and banks frequently, and if you have a company, you should pay more attention to those common bank accounts.
HSBC, Hang Seng, Standard Chartered, Citigroup, East Asia, those local banks in Hong Kong can provide users with the Hong Kong company accounts.
Take HSBC and Hang Seng as examples, they accept account applications of the companies which register in Hong Kong or overseas areas. Though their account opening fees are different, the transition fees are basically the same. Because of the advantages of low transition fees, HSBC and Hang Seng are quite popular. So if you want an account, don't hesitate to contact HACOS.
For those clients who have no Hong Kong accounts but need to transfer USD frequently, or for who want offshore accounts, the offshore account of China's domestic bank will be a good choice.
Take the NRA account of the ABC Bank as an example, the client just need to register an Hong Kong Company, and then use its materials to apply for the offshore account ( some sensitive countries are not valid, please contact HACOS).
HACOS can open a NRA account with free service fee for you, as long as your Hong Kong Company were registered by HACOS. NRA account is engaged in transferring foreign exchange online, but it provides no bank card or withdrawal service.
The basic account of Guangzhou company is the so called "company account", which is mainly used for paying or receiving daily capital, pay salary, bonus and cash. The CCB, ABC, ICBC, BOC bank all provide with basic account service. When a Guangzhou company get the basic account , the bank will issue a 《Account Opening Permission》, and the RMB account number will be written on it. In addition, an USB key and an ATM card will be provided too.
Foreign Exchange Capital Account
Foreign Exchange Capital Account, is used for investing capital with foreign exchange. The foreign exchange on it can be transferred into the basic account according to the exchange rate. HACOS have close relationship with several banks, and we can give you some guidance about capital settlement.
Generally speaking, banks in China's territory would not accept foreigner's credit card application, but the debit cards with Unionpay logo are available. The withdrawal of RMB has no restriction, and each person can change and withdraw foreign exchange with a quota of 50 thousand USD or equivalent RMB each year.
So, go check your own accounts, if you want to apply for a new account ,don't hesitate to contact HACOS.
pics from the internet
HACOS is the original author
please inform us before repost
and indicate the resource
HACOS,Business Services Solutions Master
