If you’re a owner of a company who needs a bank account for a new or expanding business, be aware that the process might be laborious and time-consuming because all banks utilize the Know-Your-Client (KYC) process.
In bank account opening in Hong Kong, applicants must submit the relevant business paperwork for the bank’s review, and if they meet the requirements, an interview session will be scheduled later.
In this case, businesses looking to open a bank account in another nation seek assistance from service providers to save time and money on trips back and forth, or they choose for FinTech accounts for a speedier and more seamless process.
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