Hong Kong and Singapore are two of the world’s leading financial hubs, offering unique opportunities for managing personal finances. Their advanced infrastructure, stable economies, and flexible banking services attract people from all over the globe. Personal accounts in these jurisdictions are suitable both for everyday financial operations and for asset management, investments, and tax planning.
Opening personal bank accounts is a fundamental and essential step toward effective personal financial management in Hong Kong and Singapore. These financial centers provide unique opportunities for storing, investing, and protecting capital for both residents and non-residents.
Benefits of Opening Personal Bank Accounts
High Reliability and Stability
Access to Premium Banking Services
Opportunity to use private banking services.
Access to investment instruments such as funds, bonds, and structured products.
The banking systems of Hong Kong and Singapore are recognized as some of the most resilient and transparent in the world.
Guaranteed capital protection even amid global economic changes.
Confidentiality and Security
High standards of protection for clients’ personal data and assets.
Owner anonymity maintained within the limits of the law.
Multi-Currency Accounts
Convenient storage and management of funds in multiple currencies for international transactions.
No need to convert funds when dealing with different countries.
Simplified International Transactions
Fast transactions and low fees for cross-border transfers.
Well-developed infrastructure for financial operations in Asia and worldwide.
Banks in Hong Kong
One of the Largest International Banks. A global network of branches offering multi-currency accounts, premium, and investment services. Highlight: Convenient online banking and Wealth Management programs.
HSBC’s Asian-Focused Subsidiary. Provides convenient conditions for personal and investment accounts. Highlight: Easy account opening for clients with Asian business interests.
Leading Chinese Bank with Presence in Hong Kong. A good choice for clients with business or connections in China. Highlight: Supports a wide range of currencies and international transfers.
International Bank with Strong Presence in Asia. Focused on premium services and private banking. Highlight: Ideal for clients with substantial investments.
Subsidiary of a Leading Singaporean Bank. Offers personalized solutions for non-residents. Highlight: Simple procedures and a reliable online banking system.
International Bank with Global Presence and Premium Services. Convenient for clients operating across different regions. Highlight: High level of confidentiality and multi-tiered service.
Step-by-step procedure
Bank Selection
We analyze the client’s needs and recommend the most suitable financial institution based on the requirements of various banks
Document Collection and Verification
We gather and prepare the necessary documents (passport, proof of address, financial information, etc.) and complete all bank forms and applications
Application Submission
We arrange meetings with bank representatives (remotely or in person) and provide support at every stage of the application process. Consultations are provided if additional information is requested
Account Activation
We obtain bank approval and provide the client with the account details. Online banking is set up, and guidance is offered on how to use the service
Personal accounts in these financial centers provide:
High reliability and capital protection
Convenience of managing funds in multiple currencies
Data confidentiality
Access to premium banking services and investment instruments
No, remote account opening is generally an exception rather than the rule. In most cases, banks require a personal meeting with bank representatives.
Typically, the following are needed:
Passport or identity document
Proof of residential address (e.g., utility bill)
Documents verifying the source of income or origin of funds
Pre-approval may take 1–2 weeks depending on bank requirements, document verification complexity, and KYC/AML compliance. The account itself can usually be opened on the day of the visit.
Hong Kong: HSBC, Hang Seng Bank, Bank of China (Hong Kong), Standard Chartered Bank, DBS Singapore: DBS, OCBC, UOB, HSBC, CitiBank
No, holding assets in these jurisdictions is not mandatory. However, many banks require a minimum balance after opening, especially for premium services.
Clients can access:
Private banking services for managing large assets
Investment instruments such as bonds, funds, and structured products
Convenient online banking for international transfers
We provide:
Selection of the most suitable bank for your needs
Consultations on bank requirements
Collection and preparation of the full document package
Full support throughout the process, including interactions with the bank
Useful articles about Singapore
Why choose us?
Licensed Corporate Secretary
Direct Services in China and Singapore
We provide services directly in Hong Kong, China, and Singapore without intermediaries. This speeds up the registration process and enables clients to manage their businesses more efficiently in these jurisdictions.
We are a licensed provider of corporate secretary services in Hong Kong, ensuring full compliance with local laws and regulatory requirements. Our license guarantees the reliability and security of the services we provide.
Comprehensive Turnkey Services
We offer not only company registration but also full support services: accounting, assistance with bank account opening, and handling correspondence at the company’s registered address. This ensures convenience and minimizes bureaucratic complexities for our clients.
Experience Since 2016
Since our founding in 2016, we have successfully assisted hundreds of companies in registering and efficiently conducting business. Our experience with international clients allows us to cater to the unique needs of each company, regardless of size.
Personal Manager for Each Client
Each client is assigned a personal manager who guides them through all stages of registration and ongoing support. This individualized approach ensures tasks are handled promptly and according to client expectations.
Confidentiality and Data Security
We guarantee complete confidentiality and protection of client data, strictly adhering to commercial secrecy regulations. Your information is secure at every stage of our cooperation.
Transparent and Fair Pricing
We provide clients with detailed cost breakdowns of all services, avoiding hidden fees. This ensures full transparency and predictable expenses.