Banks in Hong Kong are required to undertake customer due diligence measures and on-going monitoring for existing and new customers in accordance with the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (Cap 615) (AMLO) and the Guideline on Anti-Money Laundering and Counter-Financing of Terrorism (For Authorized Institutions) (AML/CFT Guideline).
Apart from local requirements, some banks need to also comply with the requirements or standards mandated by their head offices or overseas authorities. The account opening requirements of these banks may therefore vary. If you want to open a bank account, it is worth approaching several banks to compare and select services that suit your needs. This website aims to provide some information and tips on account opening and maintenance in Hong Kong for customers' reference.
Should you have any opinions or queries about account opening, maintenance or updating account information, please contact the HKMA. Telephone: (852) 2878 1133/Email: firstname.lastname@example.org