 |
       |
   |
|
 |
|
|
|
Cross-border Account Opening Made Easy
Cross-border Account-opening Documents Attestation Service #
As the ties between the Mainland of China and Hong Kong getting close, many Hong Kong people head North to work, live and spend in the Mainland. For the sake of convenience, many people hold a separate bank account in the Mainland of China. BOCHK's Cross-border Account-opening Documents Attestation Service is tailored for the frequent travelers between the Mainland of China and Hong Kong. You can sign the account-opening documents of Nanyang Commercial Bank (China) (NCB (China))*, a wholly-owned subsidiary of Bank of China (Hong Kong) Limited, in Hong Kong without the need of visiting any branches / sub-branches in the Mainland.
Easy access to the service
After having opened an account in Hong Kong through Cross-border Account-opening Documents Attestation Service, you can manage your bank account anytime, anywhere.
|
 Simple application procedures
All you need to do to apply for the Cross-border Account-opening Documents Attestation Service is to visit any branches of Bank of China (Hong Kong) and bring along your Hong Kong Identity Card, Home Visit Permit for Hong Kong and Macau residents and address proof. |
Exclusive offers
From now until 30 June 2010 (the "promotion period"), Wealth Management customers can enjoy the following fabulous offers:
| • |
Remittance fee waiver
|
|
| |
Wealth Management customers can enjoy remittance fee waiver by transferring funds to the same name account maintained with any branches/sub-branches of NCB (China) in the Mainland of China through the following channels:
|
|
- |
Remit RMB through RMB Remittance Express service, or |
|
- |
Remit other currencies through BOC Remittance Plus or general remittance service |
| |
What's more, you can enjoy fee waiver for setting up RMB Remittance Express instruction! |
|
| • |
Daily exchange saving up to HK$60 |
|
| |
You can save up to HK$60 daily simply by exchanging HKD for RMB deposits through designated transaction channels. |
|
|
# BOCHK shall only provide customers with documents attestation and delivery services. BOCHK is not an agent of NCB (China) and therefore, the application for account opening shall be subject to the verification and approval of the branches/sub-branches of NCB (China) in the Mainland of China which may accept or reject such application at their absolute discretion and whose decision shall be final and conclusive.
* Nanyang Commercial Bank (China) Limited is a commercial bank incorporated in the Mainland of China wholly owned by BOCHK through its wholly owned subsidiary, Nanyang Commercial Bank, Limited, and is not an authorized institution within the meaning of the Banking Ordinance of Hong Kong nor carrying on banking business in Hong Kong. For information of NCB (China), please refer to www.ncbchina.cn. |
|
| Terms and conditions: |
| • |
For the promotional details, please contact your Personal Financial Services Manager. |
| • |
The above offers only apply to Wealth Management customers. |
| • |
The above offers cannot be used in conjunction with other promotional offers that are not list in this promotional material. |
| • |
Bank of China (Hong Kong) Limited reserves the right to amend or withhold the above promotional offers and the relevant terms and conditions at its discretion. |
|
| Risk Disclosure: |
| 1. |
Nanyang Commercial Bank (China) Limited is a bank incorporated in the Mainland of China and is not an authorized institution within the meaning of the Banking Ordinance of Hong Kong nor carrying on banking business in Hong Kong. The deposits in NCB (China) will not be protected by the Hong Kong Deposit Protection Scheme and the repayment of the deposits is not guaranteed by the Hong Kong SAR Government's Exchange Fund. Such deposits will also not be guaranteed by BOCHK or Nanyang Commercial Bank, Limited. |
| 2. |
The current requirements allow customers to remit the remaining balance of the RMB funds and the deposit interest thereof (after deducting the relevant interest tax) from the Mainland of China to their accounts in Hong Kong under the same name. However, any subsequent transfer of the RMB funds from the Mainland of China back to Hong Kong shall be subject to the prevailing legal and regulatory requirements of the regulatory authorities in the Mainland of China. Customers shall also bear the risk of foreign exchange restrictions. |
| 3. |
RMB investments are subject to exchange rate fluctuations which may cause both profits and risks. The fluctuation of the exchange rate of RMB may result in losses when the customers convert RMB into Hong Kong dollar or other foreign currencies. |
|
|
|
|
 |
|