Hong Kong has become a global trading and commercial center with its advantageous geographical location. It is known as the city where the East and the West meet, and more and more companies are registered in Hong Kong. The actual operation of a Hong Kong company requires the opening of a Hong Kong bank account. If the bank account number or personal account of a Hong Kong company is improperly maintained, the account will be frozen and closed. So how to maintain a Hong Kong bank account?
Hong Kong Bank Company Account
In recent years, the global economic situation has become more complex and volatile, and terrorist activities have become increasingly rampant. The anti-money laundering situation at home and abroad is facing new challenges. Therefore, the supervision of Hong Kong corporate bank accounts is gradually overweight, strengthen the supervision of offshore accounts, and review the already existing accounts. It is expected that the control of opening accounts in Hong Kong will be more stringent in the future.
Under the influence of the CRS environment and the anti-money laundering situation at home and abroad, the situation of “one family is hard to find” in Hong Kong companies is strict, the review process is strict, the threshold for opening accounts is raised, and it is increasingly difficult for Hong Kong corporate banks to open accounts. If mainland enterprises want to open an account in Hong Kong, they must be well prepared to effectively respond to customer managers' due diligence on money laundering, tax evasion and evasion, and reduce the probability of rejection.
How to maintain a Hong Kong bank account
1 To maintain effective communication with the bank
In the case of a company account with a non-same name transfer of a certain transaction amount, the bank back office will further understand and investigate the relevant transaction to find out whether there is money laundering in the bank account. Personal accounts are frequently used for corporate business purposes, and such operations are considered by the bank to be an abnormal operation, and may even be severely shut down.

The individual or company holding the account must maintain effective contact with the bank and through the channel. Many times, because the domestic customer does not see the phone outside the country, or does not pay attention to the bank's text message or email, miss the bank's limited time.
2 Keep your account active
The activity of bank accounts is very important for maintaining bank accounts. Try to log in online banking once a month. First of all, we must ensure that there is a certain amount of deposit balance in the bank account. If the account balance account is zero for a long time, it is easy to be cleaned up as a “zombie household”; in addition, for small balance accounts, use and transactions should be active; account balance and transfer transactions are best. Can match, if the account balance is small, and the usual transfer transaction amount is larger, it is easy to be "pointed" by the bank.
3 About bank account downgrade
For bank accounts with a large transaction amount, it is best not to use downgrade processing. Because the downgrade process may lose the special service of the account manager, it will be inconvenient to communicate with the bank when the account has a transaction problem, increasing the risk of using the account.
For some small amount of bank accounts, you can choose account downgrade processing within the scope of reasonable maintenance of account management costs. Since the deposit amount of the bank account does not meet the corresponding requirements, the account will generate a management fee.