HomeOnline DocumentBanking FAQ
Online Documents
- FAQ
- Payment Methods
- Payment Terms & Conditions
- Terms of Use
- Privacy Policy
- Cookie Policy
- Copyright Statement
- Account & Audit's Terms and Conditions
Company Incorporation FAQ
- Hong Kong Company Incorporation FAQ
- Hong Kong Limited Company Maintenance FAQ
- Company Secretary FAQ
- Accounting, Auditing and Taxation FAQ
- Banking FAQ
Accounting and Taxation
- About taxation
- About individual tax return
- About Accounting & Auditing
- Tax obligation as an employer
- Regarding Share Transfer
- About Company Deregistration
Corporate Email
- Email Account Management
- Email Forwarder
- Use Outlook (IMAP)
- Use Outlook (IMAP) - Manual Setup
- Use Outlook (POP) Not recommended
- Using iPhone
- Use Android
- Corporate Email FAQ
Cloud Backup
Server Colocation
Others
-
Are there any fees for bank account opening?There are two parties involved when opening a bank account:
-
The Referrer: Which is us in our case.
Brilliant Business Centre (BBC) does NOT charge any fees for bank account referrals. -
The Bank:
Fees vary depending on the bank: -
Airwallex: No account opening fees are charged. Additionally, exclusive rewards are offered to BBC clients.
https://www.bbcl.com.hk/en/bbcxairwallex - PayPal: No account opening fees are charged.
-
HSBC: Charges apply for account opening; however, BBC clients are eligible for discounted rates.
https://www.bbcl.com.hk/en/bbcxhsbc-open-api
-
The Referrer: Which is us in our case.
-
Can I open a business bank account remotely?Yes, we assist with remote bank account opening through Airwallex and Paypal.
Traditional banks like HSBC are more likely to require face to face application. -
How long does it take to open a bank account?It depends on the bank. For Neobanks (Virtual Banks), the process can be completed in as little as 3 business days.
Traditional banks may take longer, typically 2–4 weeks. -
What are the advantages of opening a business bank account in Hong Kong?
- Access to multi-currency accounts.
- Efficient international fund transfers without foreign exchange controls.
- Enhanced credibility for your business.
-
Can a company with only foreign directors open a bank account in Hong Kong?Yes, but additional documentation may be required, and it’s recommended to use our assistance for a smooth process.
