Hong Kong card cold knowledge: Come and see what you don’t know

1️⃣ Although HSBC Hong Kong is very good, it has a blacklist mechanism. If you fail to open an account, you will be put on the blacklist. If you go to any branch to open an account within a period of time, you will be directly rejected. Therefore, you need to make sufficient preparations in advance to open an account with HSBC, and the materials need to be prepared.

2️⃣ HSBC is excellent in one place and excellent in the world, but it is also a place to close the account and close the account globally. Therefore, you need to be extra careful when using HSBC Bank, and try to reduce some quick in and out and other transactions that are prone to risk control.

3️⃣ Some local banks in Hong Kong only support Hong Kong local mobile phone numbers and have restrictions on non-Hong Kong mobile phone numbers. For example: CITIC Bank International’s credit card cannot be bound to Cloud QuickPass if you use a non-Hong Kong mobile phone number, so it is recommended that friends use a Hong Kong mobile phone number to open an account.

4️⃣If you are not a professional card collector, or you have to open a card, it is not recommended to open a card with DBS Bank, Citibank, Bank of Communications Hong Kong, and Bank of East Asia, because these banks have little advantages and will only increase the burden after opening a card.

5️⃣If you are rejected by HSBC, BOC Hong Kong, ICBC Asia and other banks in Hong Kong to open an account, don't be discouraged. You can try CMB Wing Lung, CITIC International and virtual banks.

6️⃣Many banks in Hong Kong use surface mail to send cards. Surface mail does not have a tracking number and tracking function. Whether you can receive it depends entirely on your luck. However, you can talk to the bank customer service and ask them to change to registered mail or DHL (you may pay the shipping fee, but HSBC does not).

7️⃣Some banks in Hong Kong may not open offshore RMB accounts for mainland users (some can apply, but some are unsolvable. You can ask the bank staff for details. It is currently known that HSBC, BOC and ICBC Asia are all opened by default).

8️⃣If your name is the same as the one on the blacklist, it will be very difficult to handle. If the staff helps you to declare, you may be able to open an account, but some staff members are too lazy to directly refuse (it is very difficult to handle if there is one same name in Chinese or English).

9️⃣ There are several fees for cross-border remittances. The sender may have wire transfer fees, handling fees, and transit bank fees, and the receiver may have account entry fees. Therefore, choosing a reasonable remittance method can save a lot of handling fees.

1️⃣0️⃣(006) is Citibank (USA) Hong Kong Branch, (250) is Citibank Hong Kong registered in Hong Kong. Although the two institutions use the same website and outlets, there are big differences (Citibank will determine whether you are a Hong Kong customer or an international customer based on whether your reserved address is Hong Kong)

If you are worried about the rejection of your Hong Kong card or are afraid of trouble, you can also contact us and contact the bank account manager in advance, and the card will be issued smoothly on the same day.