What is HSBC s administrative grounds

First, the place where the product is sold is regulated by the United States.

Second, the products made are in high-risk countries.

Thirdly, the product is a special product, such as environmentally friendly.

Fourth, the company name has special words in it.

Fifth, it is a special industry, such as real estate and securities, which requires additional licenses.

Sixth, the name of the company is called HSBC or something.

Seventh, there are words such as group and holding in the company.

Eighth, under 30 years old.

Ninth, no cheque for HK$10,000 was written.

When opening an HSBC account, please pay attention to the following:

1.Before opening an account, you must be prepared and understand the basic issues of bank review in advance, and the name of the director under 30 years old before registration is required to include the following words

International International, Group Group, Capital Capital, Global Otherwise, unless ** proves sufficient, the success rate of opening an account is low, 2Make an appointment with an HSBC account account account manager who is familiar with or has a partner with you to open an account.

3. Friends who have been rejected for HSBC account opening have the following ways to deal with it:

a Purchase HSBC wealth management products (** or insurance) to improve the company's credibility with HSBC, and you can successfully open an account again.

b Re-register a new company, and choose a professional ** to help it make an appointment and re-open an account.

c Choose other banks to open an account, such as: Hang Seng, Bank of China in Hong Kong, or domestic banks (Ping An, Shanghai Pudong Development, Bank of Communications, China Merchants Bank).

d Open an account with a domestic bank first, and then apply when there is a statement and other ** certificates.

Administrative reasons are not justifications.

This is the failure of the HSBC bank account opening in Hong Kong, and the written email given by the HSBC bank is all administrative reasons, to put it bluntly, the HSBC bank account opening review has not passed, and the account opening has failed.

Hong Kong banks generally won't tell you the specific reason, you can think back to whether you have recently transferred your account to a private account, or if you have any sensitive transactions. It is not easy to open a bank account in Hong Kong, so it is important to maintain it well.

To maintain a Hong Kong bank account, there are a few tips for your reference:

1.Bank accounts should be used more frequently to prevent them from being included in the ranks of "zombie accounts" and causing account closures, such as deposits and withdrawals, remittances, foreign exchange exchanges, etc.;

2.Banks in Hong Kong have minimum deposit requirements for the deposit in the account, and if the deposit amount is not met, the bank will charge an account management fee.

3.For Hong Kong bank accounts with capital exchanges, do not transfer the full amount of the money immediately upon arrival, and try to stay for a few more days, so as not to judge the transfer of funds as an abnormal transaction by the banking system (it is basically impossible for the bank to manually monitor the authenticity of each fund in and out, and it is determined by computer program modules).

4.Do not lend your account to others, including receiving and sending remittances, transfers, etc.; In case it is used by someone with good intentions, resulting in the closure of the account;

5. The maintenance of the Hong Kong company is directly related to the situation of the Hong Kong bank account, so the Hong Kong company should do the annual inspection on time and make accounts and tax declarations.

If aboutHong Kong bank accountIf you have any other questions, please come along**.

Hello, the closure of the bank account in Hong Kong is already the last step of the bank, and it is basically irretrievable.

You can prepare to process the account balance (if the balance is frozen, you need to consult the bank and wait for the bank to process) and prepare other bank accounts to open an account.

It's shut down, there's nothing to do. Send the courier, submit the account closure application information, and send the US dollars (if any) to your designated account.

They have no reason, and it's hard to get the money out of you, it's really a garbage bank, and there is no guarantee at all.

1. Hong Kong's macroeconomic control.

In recent years, Chinese mainland and Hong Kong have severely cracked down on underground money banks, and the State Administration of Foreign Exchange has severely cracked down on false and deceptive foreign exchange transactions and other violations to curb money laundering and related illegal crimes.

At the same time, the automatic exchange of tax-related account information (CRS information exchange) between Hong Kong and the mainland has increased the ability to monitor the information of Hong Kong bank accounts. This system also effectively restricts some accounts that take advantage of overseas loopholes to avoid taxes, thus directly improving the transparency of taxation.

2. Adjustment of banks in Hong Kong.

In the past ten years, many people have registered Hong Kong companies, opened accounts in Hong Kong banks, and freely used US dollars, Hong Kong dollars, and euros, but Hong Kong companies have zero tax declarations, no accounting, no auditing, and no taxes, pretending that the company has no business. (Note: It is an audit report for accounting, not an annual review).

Hong Kong banks have issued notices to Hong Kong users, requiring them to improve the company's supporting documents in addition to the company's supporting documents. If it is not provided in time, the bank account will be frozen or seized.

When we receive that the bank account is closed or closed, the bank will notify you to prepare the information to the Hong Kong bank to submit the information to close the account, if the amount in the account is large, the bank will make an appointment for you to withdraw the money in the account. At this time, it is necessary to prepare a personal Hong Kong bank card to accept the balance in the closed account.

The reason for the freezing of HSBC bank accounts must be clarified first

First of all, it is certain that if the HSBC account is frozen or closed, it will be judged to a large extent that there is abnormal operation of the account, especially after HSBC was heavily fined for money laundering cases, and now it is strictly investigating the money laundering account, which will inevitably have some impact, and implement the iron-blooded policy of "it is better to kill a thousand by mistake than to let one go".

At present, it appears that the account may be frozen or cancelled due to the following reasons:

1.The company's annual review and audit should be done on time Hong Kong HSBC account opening requirements related Hong Kong companies or offshore companies, affected by the CRS tax exchange policy, banks began to require companies operating in Hong Kong but generating profits to provide audit reports, failure to provide will be temporarily frozen accounts;

2.In order to complete the tax exchange, HSBC needs the enterprise to provide relevant information and legal person information of the Hong Kong company to conduct due diligence, and if the enterprise does not cooperate with the bank in the investigation in time, it is also one of the reasons for the closure of the account;

3.The company's account is active and remains active HSBC bank account opening has requirements for account activity, inactive accounts for more than three months will be regarded as dormant accounts, and the bank will conduct regular checks on dormant accounts, and if it is found that there is indeed no benefit to the bank, the account will be temporarily frozen;

4.If there is a large amount of funds in and out of the Hong Kong account, and there are funds from unknown sources, they will be required to provide proof of funds, and if they cannot provide it, the bank will suspect that the account has money laundering and temporarily freeze or directly force cancellation;

5.HSBC has a set of lists of countries subject to U.S. economic sanctions, such as Russia, Iran, North Korea, the Middle East and other countries will be judged as high-risk sensitive countries, and those who have dealings with these countries will also be listed as suspicious accounts by the bank, and corresponding freezing measures will be taken;

6.There are illegal activities such as money laundering in the company's account.

The convenience of overseas accounts allows some criminals to use illegal operations such as tax evasion, capital flight, and inward remittance and remittance of funds from underground banks.

Hong Kong banks generally won't tell you the specific reason, nor will they tell you when to unfreeze, and the bank's answer is "please be patient".

All two things to do when an account is blocked:

Open a new bank account to ensure that the company can receive payment normally.

Recall if there are any anomalies in the use and maintenance of bank accounts. (If any, you must provide relevant information to the bank).

After the bank account is frozen, the unblocking I have encountered so far will take 3-4 months as fast as possible, and more than 1 year if it is slow.

When your bank account is blocked, it is especially important to find another bank to open an account.

When you open a new bank account, you must know how to maintain it to avoid being blocked again.

How to maintain a bank account well, there are the following aspects:

1.Log in to online banking frequently (at least 1-2 times per month).

2.Please have multiple trades (minimum 3-5 times) within 3 months

3.Always have a deposit of more than HK$50,000 in your account.

4.Do not fast in and out (e.g., 100,000 on the same day, transfer away on the same day or the next day).

5.Do not collect or settle foreign exchange for others.

6.Don't accept payments from sensitive countries.

If you still have questions, you are welcome**.

HSBC bank account opening is rejected for the following reasons:

1.Before registering a company, it is best not to have the following words in the name: international international, group group, capital, global and holding with these words, unless you can provide sufficient proof, the success rate of opening an account is relatively low;

2.To open an account with HSBC, in addition to the company's certificates, you also need to bring the director's personal business certificate and address proof.

The business certificate can be a sales contract, a transaction invoice, an email negotiation record of an agreement, etc.;

Proof of address can be a real estate certificate, a credit card consumption list sent by the bank, a utility bill for the past 3 months, etc., note that ID cards and household registration books cannot be used as proof of address.

3.Generally, when opening an account, the bank's relationship manager will interview the company's directors to understand which countries the customer's business group is mainly from. If you are involved in some high-risk or war-torn areas, the bank will refuse to allow you to open an account.

If your account with HSBC is rejected, you can choose from the following options:

1.Purchase HSBC wealth management products (** or insurance) to improve the company's credibility with HSBC, and you can successfully open an account again.

2.Re-register a new company and choose a professional ** to help it make an appointment and accompany it to re-open an account.

3.Choose other banks to open an account, such as: Hang Seng, Bank of China in Hong Kong, domestic banks (Ping An, Shanghai Pudong Development, Bank of Communications, China Merchants Bank).

4.If you did not provide proof of business or address to the bank, you can open an account with a domestic bank first, and then apply for an HSBC account when you have a statement and other proofs.

Have you been cancelled and the money has been repaid? My HSBC account has also been frozen, and there is still $2w in it! I don't know what to do, only administrative reasons.

You can exchange with my company, transfer the US dollar to our HSBC bank, and transfer the mainland to you RMB.

If the account is not usually credited to the account, and a large amount of money is suddenly added or funds are transferred, there is reason to suspect money laundering.

HSBC freezes accounts for the following reasons.

1 The balance of funds in the account is less than 50,000 yuan or less.

2 The account is used relatively rarely, and it is not used once in three months.

3 The Hong Kong company did not conduct an audit.

4 The bank email was not replied to in a timely manner.

5. The documents of the Hong Kong company need to be updated and uploaded after the annual examination.

6 We don't have any products at HSBC.

7. Receiving payments from risk countries.

8 Whole in and out, and transfer away immediately after receiving the payment.

At present, the anti-money laundering investigation of Hong Kong banks is very strict, and if you have a company account, you must cherish it and maintain it well.

There are many reasons why your HSBC bank account is frozen, and most banks will not tell you the specific reason, but just say be patient.

Generally, the reasons for freezing are as follows:

The company did not do the annual review and audit on time.

The company did not exercise due diligence.

The company account is inactive.

Payments of unknown origin.

Sensitive Regions** Transactions.

Money laundering and other illegal acts.

If it is said that the account is frozen and closed, then the payment of your account has not been withdrawn, and it should be impossible to cancel your account if it is not taken out. If you take it out, then it's fine.

This is the failure of the HSBC bank account opening in Hong Kong, and the written statement given by the HSBC bank is all administrative reasons, to put it bluntly, the HSBC bank account opening review has not passed, and the account opening has failed.

Hong Kong Yongtai Accounting Firm is happy to answer your questions.

HSBC bank account opening refusal, all said administrative reasons, the bank will not tell the customer the real reason, if you want to understand the reason for your account failure, you can add me q, I have a lot of case studies in the space, may be able to help you answer your questions. If you have already opened an account with HSBC and have not opened it, you can choose other banks, such as Hang Seng Bank, Standard Chartered Bank, and Hang Seng Bank in Hong Kong can also accept video account opening, and the success rate of opening an account is very high. These are all things that we can get to you.

Here are a few things to keep an eye out for:

First of all, you should pay attention to the name of your company, whether the company name contains sensitive words. Sensitive words such as international, trust, group, holding, credit, shares, assets, China, China, and global should be avoided as much as possible. These will lead to a more stringent account opening review.

On the other hand, when communicating with banks, you are doing a special industry, such as real estate and securities, which requires additional licenses? If you are operating in an ordinary and legitimate business, then you just need to be truthful. Avoid bad track records for high-risk or illegal industries.

As long as it is a legitimate industry, banks are generally allowed to open an account.

Is there another aspect where the products you make are in high-risk countries? Like the Middle East, Iran, North Korea, Afghanistan, India, Vietnam, Iran, Iraq, Egypt, etc., there are often wars and so on, and the politics are very unstable. Countries and regions that are in turmoil and unrest should also be avoided.

Every account opening manager is different, so the information provided is not all the same. In addition to explaining to you, if you are asked to provide other information, if you don't have it, you must have a good attitude to tell the account manager that you are in a hurry, and you don't have time to prepare, see whether you send it to the bank or send an email to the bank.

If you have any other questions, please feel free to consult me, I will help you answer them in detail, and at the same time, I can also help you arrange other banks to open an account.