Hong Kong’s ZhongAn Bank has announced that it will provide cryptocurrency-to-fiat currency exchange services through licensed exchanges. This move brings more convenience to mainland blockchain services. At the same time, Bank of China (Hong Kong) and ICBC (Asia) icon have also successfully solved the problems of Chinese people withdrawing funds and freezing their cards.

Account opening conditions

  1. Search overseas data packages on Alipay in advance to buy data or buy a Hong Kong mobile phone card.

  2. If you are in Hong Kong or a physical bank when opening an account, it is recommended to open an account after making an appointment on the corresponding official website to increase the success rate.

  3. Hong Kong and Macao passes, ID cards, customs clearance slips, entry and exit records, entry and exit records will be generated in the National Immigration Administration applet on WeChat 1-2 hours after entering Hong Kong.

  4. Additional conditions: Proof of address in the Mainland, such as credit card bill with address and official seal, real estate certificate, residence permit, 10,000 Hong Kong dollars in cash, passport, bank transaction statement, in case of random inspection by bank tellers at any time

Banks where you can open an account

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Virtual bank account opening

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  • Tap&Go: This bank requires a Hong Kong ID card. If you don’t have one, go to any “1010 or csl” store in Hong Kong to upgrade your account, and you need a Hong Kong address.

Note: You need to provide proof of Hong Kong address when opening an account, but... knock on the blackboard... "You don't need to show proof of actual address for Hong Kong addresses. You just need to find a complete address on the map, including the building, specific floor and room number. "Okay." Then write it on a piece of paper in English. They will register it into the computer according to what you wrote. Just in case, you can also print it out with the Wise bill and take it with you before going to the csl store.

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Physical bank account opening

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  • China Merchants Wing Lung: Download the China Merchants Wing Lung Yitong APP - open an account immediately - open a new online store account - fill in the relevant information, the whole process can be +86 ID card + passport or +86 + ID card + Hong Kong and Macau pass, just visit any branch in Hong Kong to verify your identity Just file.

  • ICBC (Asia): Appointment required, reason for opening an account: savings. There are no management fees and no minimum deposit. ID card, residence permit (residence permit is not required if the card receiving address is the same as the ID card address), Hong Kong and Macao pass, and 3-month bank statement.