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Opening for bank account in Hong Kong from Ukraine

Opening a bank account in Ukraine is one of the most common banking and financial transactions. It is now possible to create a bank account in Ukraine whether you are Ukrainian or not. Accounts can be opened in various Ukrainian banks by non-residents, including bank accounts, companies and foreign investment funds. If you want to create a bank account in Ukraine, you need to go to a branch and submit the necessary paperwork. Also Hong Kong is one of the best places in the world to trade and do business. Bank account plays a vital role in businesses and fits the financial goals of business owners. Therefore, opening a bank account from Ukraine in Hong Kong to make the business transaction easier and more convenient is among the curious topics. In this article, we will tell you how to open an account in Hong Kong from Ukraine.

What are the documents required to open a bank account in Ukraine?

The process for creating a bank account in Ukraine is, in principle, very simple. Your bank may require you to provide certain documents, depending on your particular situation and the type of account you want.

- A copy of your passport, which should contain information about your place of residence and work visa, if applicable.

- For a resident account, you must provide proof of address, such as your lease. Even if you're only temporary, few banks are willing to set up a non-resident account if you provide a hotel address.

- Reference number for tax purposes (only for residents)

- A small fee may be charged by some banks when creating a new account.

These are the documents required to open an account in Ukraine, but different documents are needed when opening an account in Hong Kong. We live in the age of technology and we are just a phone call away from anything we want. We can open an account with any bank we want through online banking. Opening a bank account in Hong Kong from Ukraine is also quite easy. Documents required to open a bank account without going to Hong Kong may vary by bank. Generally requested documents are:

- Passport of the person you will open a bank account with

- ID card of the person you will open a bank account with

- Proof of residence stating where you live (It is useful to have it in both the language of the country you are in and the language of the country where you want to open a bank account.)

- Any invoice registered in your name in Ukraine

These documents are valid if you do not have a residence permit in the country where you will open a bank account, namely Hong Kong. If you have a residence permit in Hong Kong, different documents are required to open a bank account.

Opening a Hong Kong bank account in Ukraine

If you live in Ukraine and want to open a bank account in Hong Kong, the things you need to do are very easy. First, choose the bank you want to open an account with. Then open the mobile application or website of the bank you have chosen. Then go to the ‘open a new account’ tab. Fill in the required information here completely. There is no resident requirement to open a bank account in Hong Kong. However, if you have a residence permit in Hong Kong, you must include it in the documents you need to upload. After adding the requested information and documents correctly, your request is sent to the bank. If there is no problem, the bank accepts your request and your request to open an account is realized. However, this account you have opened is for the transactions you will make online. Because you are from another country, your bank does not charge you a card. You can perform all your transactions online from your bank account opened in Hong Kong.

What are the transactions that can be made with a Hong Kong bank account?

Since your account is online, your cash transactions are somewhat limited. For example, you cannot withdraw money from the ATM because you do not have your debit card. However, nowadays there is a method of withdrawing money with a QR code. If your bank's mobile application supports this method, you can withdraw money without your card. Apart from that, you can carry out all your financial transactions from Ukraine with a Hong Kong account. You can follow the exchange rates and use the bonuses of your account in your shopping. You can transfer money and check the funds received in your account. In short, you can live in a different country and easily manage your financial presence in a different country.


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