As a well-known international financial institution, Cathay Bank provides customers with a variety of bank accounts to meet the needs and preferences of different customers, whether you are engaged in cross-border business or overseas investment, or send children to study in the United States, from basic savings accounts to high-end wealth management accounts, can meet customer account opening needs, a variety of account types also provide customers with a variety of choices, and also equipped with Chinese customer service to facilitate overseas account opening for Chinese. The business types are also similar between banks, which are mainly divided into:
S**ings Account:
Savings accounts are one of the most common types of bank accounts for those who want to deposit idle funds and earn interest income, with low service fees, low minimum deposit requirements, and the ability to access them at any time, making them suitable for the general public.
Checking Account:
A chequing account is a flexible payment tool for individuals and businesses that need to make frequent payments and transfers. Cathay Bank's chequing account provides customers with convenient checkbook and electronic payment capabilities, allowing them to easily manage their money and meet their day-to-day payment needs.
Investment account:
Wealth management accounts are suitable for those who want to invest their idle funds and achieve higher returns. Cathay Bank's Wealth Management Connect is suitable for people who have a certain understanding of investment and have a certain risk tolerance, and often provides them with a variety of investment products and services, including **, fixed income products, etc., to meet the risk appetite and investment goals of different customers.
Business Account:
Business accounts are suitable for business owners and merchants. It provides commercial loans, POS machine services, ** banks and other support to facilitate business operation activities.
Foreign Exchange Account:
Forex accounts are suitable for individuals and businesses who need to conduct cross-border transactions and foreign exchange transactions. Cathay Bank's foreign exchange account provides convenient foreign exchange and settlement services, through which foreign currency exchange and cross-border payments can be easily carried out, helping customers manage and invest their money in the international market.
Private Banking Account:
Exclusive Client Accounts are Cathay Bank's customized financial services for high-end customers. This type of account is suitable for high-net-worth clients, who can usually enjoy tailored financial planning and professional wealth management services to meet their higher financial needs and service expectations.
If you want to know which bank is suitable for you to open an account, you need to combine your own conditions and account opening purpose, compare the special services between each bank, the ratio of various fees or wealth management products and other information to make a comprehensive decision.