What are the advantages of Hong Kong credit cards?
Open accounts in Hong Kong, Singapore, Macau, the United States, Switzerland and Portugal.
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Hong Kong, together with New York and London, hk working visa applicationis known as the “Port of Nuremberg“ and is the third largest financial service center in the world. At the same time, we are also an important center for international cultural trade, shipping development, and enterprise innovation, education, technology, and information. As a highly prosperous international metropolis, Hong Kong has always been known worldwide for its clean government, good public security, free economic management system construction, and continuously improving rule of law, earning it the reputation of the “Pearl of the East“.
Hong Kong companies have the advantage of opening bank accounts
Bank accounts in Hong Kong are not subject to foreign exchange control and companies are free to allocate funds and exchange currencies;
International trade is highly integrated, and the financial market is relatively mature, making it easy for enterprises to settle international trade;
Enterprises exempt from interest tax, the actual deposit income is higher;
Hong Kong has a well-developed banking sector and enjoys a high reputation internationally. It can bring trust to its customers.
Advantages of personal bank accounts in Hong Kong
Developed banking industry
Hong Kong is one of the four traditional financial service centres of the world economy. The banking industry has a history of more than 100 years in China and enjoys a high reputation both at home and abroad.
Free entry and exit of funds
Hong Kong has no foreign exchange controls on personal accounts, a freely convertible currency and a free flow of funds
Global Asset Allocation
With the opening of a personal bank account in Hong Kong, it is not only limited to the domestic market, but also offers a wider range of investment products to facilitate investment in Hong Kong stocks. Investment plans can also be adjusted flexibly.
Consumption in Hong Kong
With a Hong Kong account, you can withdraw Hong Kong dollars directly from your local automated teller machine without the hassle of exchanging them. You can also pay directly with an ATM card.
Convenient configuration of port insurance
Hong Kong has a well-established insurance system with a wide range of insurance types, with higher compensation and dividend coverage compared to mainland China. So many mainland Chinese people will choose to purchase Hong Kong insurance. Having a Hong Kong bank account can facilitate premium renewal and claim processing.
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