Standard Chartered Bank account opening conditions

Mondo Finance Updated on 2024-01-29

Opening a Standard Chartered Bank personal account has the following advantages:

1.Safe and stable: Standard Chartered Bank has a number of business outlets in Hong Kong and mainland China, providing a comprehensive range of services, so users can use it with confidence.

2.Unlimited transfers: Users can easily transfer money and receive remittances conveniently.

3.Multi-currency exchange: Standard Chartered Bank provides a variety of currency exchange services, including more than a dozen currencies such as HKD, USD, AUD, CAD, EUR, JPY, CHF, etc.

4.Mainland account opening witness: Users do not need to go to Hong Kong in person to witness account opening at mainland branches, simplifying the account opening process.

The documents required to open a personal account with Standard Chartered Bank include:

1.Valid identity card, Hong Kong and Macao Permit or passport;

2.Proof of address within the last 3 months, such as a utility bill or bank credit card statement;

3.Proof of income.

There are two ways to open an account with Standard Chartered Bank:

1.Standard Chartered Bank Mainland Branch Witness Account Opening: Standard Chartered Bank branches in Guangzhou, Shenzhen and other mainland China can handle the application with the Chinese mainland ID card. There are different processing options according to the deposit requirements.

Witnessed by Standard Chartered branches in the mainland, the capital requirements are: RMB 500,000 and deposit for 3 months; Mainland Standard Chartered Branch witnesses the processing, and the capital requirements are: RMB 500,000 and deposit for 3 days;

2.Open an account with Standard Chartered Bank in Hong Kong: Hold a valid Chinese passport or Hong Kong and Macau Permit and go to a Standard Chartered Bank branch in Hong Kong to open an account.

The standard chartered bank personal account opening process is as follows:

1.Preparation of account opening documents and basic verification by the bank manager;

2.After the review is passed, make an appointment for opening an account;

3.Visit a designated branch to witness account opening;

4.Mail the account opening application materials to Standard Chartered Bank in Hong Kong;

5.Standard Chartered Bank of Hong Kong audited;

6.After the review is passed, the Standard Chartered bank card and encoder will be mailed to the customer. The whole process takes about 3-4 weeks;

7.Deposit a sum of funds to activate the account and you can start using it normally.

The above is about the process and requirements for opening a personal account with Standard Chartered Bank, I hope it will be helpful to you.

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