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Subject: Hong Kong Bank
wiggy
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#1
Post at 26-9-2008 19:01  Profile P.M. 
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Hong Kong Bank

I want to have a bank account in Hong Kong.  

1.  What is needed to open a bank account for a US citizen?  
2.  Are the banks in Hong Kong insured like US banks?  In US, the banks that are FDIC insured are insured $100,000 USD.
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apex120HK
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#2
Post at 27-9-2008 03:14  Profile P.M. 
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hehe FDIC....whats that!? Federally Deposited Insurance for Corporations?
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apex120HK
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#3
Post at 27-9-2008 03:15  Profile P.M. 
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HSBC should be fine. If they go then the world has probably gone as well.
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sexpert
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#4
Post at 27-9-2008 09:24  Profile P.M. 
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Reply #3 apex120HK's post

Right!  and all you need is a Passport in HK.  I actually have some mad money there too, glad it's in HK dollars!
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Payload
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#5
Post at 27-9-2008 10:44  Profile P.M. 
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Reply #1 wiggy's post

1. You can only one with a passport and proof of address (overseas address will also do as long as it matches the one on your passport).
2. Yes, but it's only $100K in HKD.




Whazzzup...
STS-133
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Piers
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#6
Post at 27-9-2008 13:00  Profile P.M. 
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Reply #1 wiggy's post

if you want to open an account with HSBC you will also need someone to recommend you.  they don't just open them.  But otherwise, with a passport and some money you can open.  Then you can also use online banking
Only problem for US citizens, maybe they have tightened up since the UBS scandal
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SailorMan
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Post at 27-9-2008 13:46  Profile P.M. 
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Reply #6 Piers's post

NOT true ...no need for any recommendations.

I just walked in to HSBC with my passport and my contract of employment and walked out 25 mins later with a cheque book, bank card and all done with a smile !

VERY easy ...

Cheers

JOSH
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Kennichi
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#8
Post at 28-9-2008 15:16  Profile P.M. 
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Bah the deposit guarentee schemes are all worthless the UK one is 35000 pounds thing is the fund only has 4billion pounds in it, Hbos alone has 200bn of deposits , but true if HSBC goes under its apocalpyse time...

best get practicing me wushu for when the time comes..




Life is short very...
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twiceAweek
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#9
Post at 28-9-2008 19:40  Profile P.M. 
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Reply #6 Piers's post

HSBS used to ask for recommendations but they no longer practise that ...
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sexpert
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#10
Post at 29-9-2008 08:39  Profile P.M. 
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I remember those "RECOMMENDATIONS" back then...

I found it so damn weird, it's like the craziest thing in the world if you are from the US.
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