Do you plan to open a multi-currency business account in Hong Kong but not sure what options you have? Perhaps you have tried to open a business account with some banks, but got rejected.
I understand your frustration in that case. Luckily, there are service providers, such as Neat HK, that allows foreign companies to open multi-currency bank accounts in just a few days and without the need of even visiting Hong Kong.
Neat HK has shaken up the banking industry in Hong Kong and made it possible for many small companies to open local bank accounts.
What is Neat HK?
Hong Kong is the preferred location for FinTech companies, startups, and eCommerce sellers that want to incorporate in Asia. Even if it’s comparably easy to open a company in Hong Kong, it’s become significantly more difficult for small companies to open local business accounts.
Hong Kong’s banking industry has been bashed on much in the past years as locals and foreigners suffer from the hurdles to open local personal and business accounts.
Therefore, Neat HK was started in 2016. The founders, David Rosa and Igor Wos, both have a long experience from the banking industry and knew what issues SMEs and startups had to deal with when trying to set up business accounts in Hong Kong. Continue reading How to Open a Hong Kong Multi-Currency Business Account