What bank accounts can Hong Kong companies open?

There are three options for opening a Hong Kong company account, including local  bank account, offshore bank account, and digital bank.

Local banks in Hong Kong are the preferred choice for overseas customers because  they are an international financial center where capital inflows and outflows  are not regulated, and account usage tends towards internationalization with  high stability. There are multiple options available, including HSBC Bank in  Hong Kong, OCBC Bank in Hong Kong, Dah Sing Bank, DBS Bank, and Construction  Bank in Hong Kong. The first API directly connected to HSBC, 1V1 exclusive  data pre review, reducing the time for customers to submit account opening  materials and approve account opening, making account opening easy.

Sellers who do not want to open overseas company accounts in Hong Kong can  choose to open offshore bank accounts, in addition to Hong Kong HSBC and Overseas  Chinese Wing Hang OCBC face-to-face interviews at domestic branches. Offshore  bank accounts are equivalent to bank accounts opened overseas, such as DBS  Bank, HSBC Bank, Standard Chartered Bank, etc. Foreign trade bosses can open  accounts in nearby cities or designated cities in mainland China, making account  opening convenient.

Digital banks can only accept wire transfers of trade funds and have functions  of transfer and settlement. They do not have physical banking services and  have relatively weak stability.