Hong Kong companies risky for US?

[Alexmorgan]

Gentlemen

I have a contract to sign for a partner and the company is in Hong Kong as registration and banking

Is sending over 2 Million $ from my company Mercury bank will be risky?

Is Hong Kong considered as risky country to the US banking?

 

[Legal]

Gentlemen

I have a contract to sign for a partner and the company is in Hong Kong as registration and banking

Is sending over 2 Million $ from my company Mercury bank will be risky?

Is Hong Kong considered as risky country to the US banking?

What is the purpose of this payment?

Where they have a bank account?

 

[Alexmorgan]

What is the purpose of this payment?

Where they have a bank account?

Its consulting business i want them to partner with my company

And HSBC is the bank

So is this considered as safe ?

I mean Mercury wont close my company account for 6 months and then they say f..ck off and see other banks to bank with?

 

[Legal]

Its consulting business i want them to partner with my company

And HSBC is the bank

So is this considered as safe ?

I mean Mercury wont close my company account for 6 months and then they say f..ck off and see other banks to bank with?

Officially, HK and the mentioned bank are not blacklisted, you need to refer to Mercury and ask them about their approach based on internal policy.

 

[Alexmorgan]

Officially, HK and the mentioned bank are not blacklisted, you need to refer to Mercury and ask them about their approach based on internal policy.

The problem is that i dont think they know

Even if they are fine the partner bank may have different opinions which i wont be able to be in touch with them at all

 

[Sols]

Hong Kong is a major international financial center. 2 million going from US to Hong Kong is about as remarkable as a snowflake in a blizzard.

As long as your papers are in order and you can provide agreements/invoices if requested, the transfer itself won't stand out.

Mercury wants account holders to have a genuine US presence/connection. If all you're doing is funneling money to HK, they might question the relationship on that basis.