The cost of opening an account: From 1500 USD

General information

Name:Wing Lung Bank
Country:

Hong Kong

Official site:www.winglungbank.com/wlb_corporate/en
Faunded:1 933
History:Wing Lung Bank, founded in 1933, is one of the oldest local bank in Hong Kong. The bank has 51 offices in Hong Kong, Mainland China, Macau and abroad. The total number of employees is more than 1,700 people. As of December 31, 2013, the aggregate amount of assets of the bank amounted to HK $ 217.2 billion. In 2008, Wing Lung Bank became a member of the China Merchants Bank Group and a subsidiary with 100% participation in 2009. China Merchants Bank is the sixth Commercial Bank of China regarding the amount of assets and is included in 100 largest banks in the world.
Employees:The staff speaks English and Chinese
Shareholders:China Merchants Bank Group
Security:Agreement on legal assistance to the Russian Federation was concluded; AML legislation is strictly observed; Active membership in the OECD, FATF, Basel Commitee, Egmont Group and others.

Account

Terms of opening for admission (days):15
Opening terms for cancellation (days):15
Recommendations:Not required
Description of activity:Brief
Account type:Settlement
Types of accounts:Personal; Corporate; Savings; Settlement
Departure to the bank:Visiting the bank is required
Required documents:1. Original or certified copy of the certificate of registration of activity (Business Registration Certificate). 2. Original or certified copy of the registration certificate. 3. Original or certified copy of the articles of association and memorandum . 4. Rectangular seal of the company. 5. Identity document and proof of address of directors (or one director if the company has a sole director) and shareholders.
Account opening, probability:Calculated
Particularities during account opening:Opening an account is possible without having to visit a professional introducer

Rating

Rating in the world:695
Country Rating:12
Rating on loans:C

Terms

Balance, minimum:0 €
An initial fee :9 655 €
Annual turnover (minimum):0 €

Services and costs

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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