Y. H. Lai & Co.
黎裕衡會計師事務所
Banking · Bank account opening
Business bank accounts, well prepared
We prepare your corporate account application, organise the supporting documents and liaise with the bank through to opening.
Y. H. Lai & Co.
黎裕衡會計師事務所
Banking · Bank account opening
We prepare your corporate account application, organise the supporting documents and liaise with the bank through to opening.
Who it is for
Opening a business account takes careful preparation. Banks need to understand who is behind the company, what it does and how the account will be used.
Newly incorporated Hong Kong companies opening their first account.
Companies whose directors or shareholders live outside Hong Kong.
Companies adding an account with another bank or in another currency.
Companies preparing a better-organised application after an earlier attempt.
Recognition
HSBC presented Y. H. Lai & Co. with its Business Advisor Award in 2009, 2010 and 2012, and Hang Seng Bank has commended the quality of our referrals.
These awards are a record of past recognition. Each bank makes its own decision on every account application.
What we do
We review your company, its owners and its planned business, and discuss which bank suits your needs.
We prepare a checklist and organise the know-your-customer documents and business description.
We submit or refer the application and help you prepare for the bank meeting.
We follow up with the bank and help answer its further questions until a decision is made.
Documents
We give you a list for your situation. It usually covers:
Questions
No. Each bank makes its own decision on every application. What we can do is help you present a complete, well-organised application, which makes the bank's review easier.
Usually identity and address proof for directors and significant shareholders, company documents, a description of the business, main customers and suppliers, sample contracts or invoices, the source of funds and the expected transactions. We give you a list for your situation.
Banks usually meet the directors and significant shareholders before opening an account. Arrangements differ between banks, and we help you prepare for the meeting.
Yes. New companies apply regularly. A clear explanation of the business plan, the people behind it and the expected transactions is especially important.
Send us your latest audited accounts and group chart. We will reply with a fee quote and a proposed timetable.