The cost of opening an account: From 1450 USD

General information

Name:DBS Bank
Country:

Hong Kong

Official site:https://www.dbs.com.hk/index/default.page
Faunded:1 999
History:Singapore’s DBS bank acquired 10% of shares of Honk Kong’s Wing Lung Bank in 1992 but there was no further expansion. DBS Bank became fully operational in HK in 1999 when it purchased local Kwong On Bank (est. 1935). In 2001, DBS Bank acquired Guoco Groups’s Honk Kong shares - Dao Heng Bank and Overseas Trust Bank. Dao Heng Bank was founded in HK in 1921. In 1989, it has acquired Hang Lung Bank and Overseas trust Bank in 1993.
Employees:English
Shareholders:The Development Bank of Singapore
Security:High
Presentation:

https://www.dbs.com/about-us

Account

Terms of opening for admission (days):14
Opening terms for cancellation (days):14
Recommendations:Required
Description of activity:Detailed
Account type:Corporate and personal.
Departure to the bank:Required
Required documents:Travelling passport; proof of address; residence permit or temporary registration in English; bank recommendation letter; business plan/aims; documents proving existince of business company; any additional documents required
Account opening, probability:Average
Particularities during account opening:Depending on type of business, the bank demands extra doc-s not included in standard package. All doc-s must be in English (if not, they can be officialy translated in English). Should have good knowledge of English or Chinese (no translators)

Rating

Country Rating:4

Terms

Balance, minimum:881 €
Limit of transfers (per month):Transactions above 50 000USD have to be clearly explained to the bank, otherwise it can freeze accounts and report to authorities.
An initial fee :2 026 €

Services and costs

Cost of translation:from 0,5 HK$
Cost of enrollment:from 0,5 HK$
Cost of account maintenance:None
Credit card restrictions:25 000 $ during daytime
Access to the account:Via phone and internet-banking
Bank services:Consumer credits, treasury, control of shares, broker operations. The bank can consider non-residents as clients
Bank cards:DBS Black Card; DBS Eminent Card; DBS COMPASS VISA; DBS Credit Card; Manulife Credit Card; CABLE Power VISA; DBS Pay Less VISA; DBS VISA Business Card; DG Privilege Card; Extravaganza Card; First Edible Nest Card
Download Tariffs:

https://www.dbs.com.hk/iwov-resources/pdf/ratesfees/notice-bankcharges-corporate-Sep-2018.pdf

Chose bank, where you would like to open an account and press "Order"Введите свой номер телефона и ожидайте входящего звонка по указанному Вами номеру,
our Lawyer will contact you and provide answers on all your questions Chose bank, where you would like to open an account and press "Order", our Lawyer will contact you and provide answers on all your questions.
Select Bank's namesort descending Price of account opening Terms of account opening (days) Established World Ranking
DBS BANK 1450 USD 14 1999
HSBC Bank (HK) PLC 1200 USD 15 1865 41
Standard Chartered Bank Hong Kong 890 USD 14 1859
Wing Lung Bank 1500 USD 15 1933 695