Seeking an immediate solution

[Sambucabra]

Hi all,


We own a foreign entity in BVI with a bank account in Singapore with OCBC. Dealing with OCBC has been painful to say the least and we are fed up with their primitive processes and bureaucratic operations. Right now, our business is being affected and we've had enough.


In short, we are seeking an alternative bank in either Singapore or Hong Kong. HSBC in HK seems to be a worthy candidate but it appears they require a face to face visit (and most others) which in the essence of time is not particularly a favourable option as we are based in Europe.


We need access to a multi-currency account (GBP, USD), online banking and a debit card linked to the same account. All with relatively low account opening/maintenance minimums (no +$50k USD).


What are some recommended banks for our requirements?


Thanks

 

[clemens]

You won't find any bank that actually open an account in Singapore or HK without personal visit. Look into jurisdictions like Mauritius, Belize, Cyprus and so on almost all of them are fine with remote account opening.

 

[JohnAlley]

In short, we are seeking an alternative bank in either Singapore or Hong Kong. HSBC in HK seems to be a worthy candidate but it appears they require a face to face visit (and most others) which in the essence of time is not particularly a favourable option as we are based in Europe.

HSBC has branches in many countries, why not walk in to them and ask to help you with a bank account in their branche in Hong Kong? you could also ask your local bank to help you with the account opening abroad!

 

[haslan]

Did you find your solution OP or you are still searching for something that may work for your business?

 

[walterz]

I would like to know this too, if you have find the solution please share here OP

 

[deadpool]

HSBC has branches in many countries, why not walk in to them and ask to help you with a bank account in their branche in Hong Kong? you could also ask your local bank to help you with the account opening abroad!

I second that. OP should have chosen HSBC already.

 

[johnskywalker]

My aunt has been a long time member of HSBC in hong kong and I asked her if its really possible but she said that its not. Fortunately, there are still other bank accounts in other tax haven countries that doesn't require personal visit. Some of them are already provided above as well.

 

[deadpool]

An account with HSBC is worth the visit. As far as I have heard, they provide excellent support. Their account comes with stellar features.

 

[negon]

OP if you still seek an solution let me know I may have alternatives for you

 

[SoFast]

What you think about Hong Kong or Singapore banking? I heard so much bad about it!!