Opening a CMB Wing Lung Bank Account | Generated by AI
If you’re a Chinese citizen holding a Travel Permit (e.g. Mainland Travel Permit for Hong Kong & Macau Residents, etc.), you can open an individual bank account at CMB Wing Lung Bank in Hong Kong, though there are certain documents, steps, and restrictions. Below is a guide based on the bank’s published requirements and common practice. Always check the bank branch directly beforehand since policies may vary or change.
What you’ll need (Documents & Information)
To open a personal / individual account (or joint) at CMB Wing Lung:
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Proof of identity You need a government-issued photo ID. Options include:
- Valid passport or travel document.
- Exit-Entry Permit for Travelling to and from Hong Kong and Macau.
- If you also hold a Mainland Resident Identity Card, that may be required in some cases.
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Proof of residential address Typically a utility bill, bank statement, government correspondence issued within the last 3 months, bearing your name and matching the address on your identity docs.
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Other information / supporting documents The bank may ask for additional information like:
- Your occupation/employment/business details.
- Purpose of opening the account.
- Source of funds and/or wealth (i.e. where your initial deposit or incoming funds are from).
- Expected level of account activity (how often you’ll use it, what types of transactions).
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Minimum deposit? The bank may require a minimum deposit when opening the account. The exact amount depends on the branch/products. (cmbwinglungbank.com)
Steps to follow
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Visit a branch in person You’ll need to go to a CMB Wing Lung Bank branch in Hong Kong to submit the documents and do face-to-face verification. (cmbwinglungbank.com)
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Fill in application forms You must complete the bank’s forms, sign specimen signature cards, etc. (cmbwinglungbank.com)
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Verification / interview The bank staff may ask you questions about your background, reasons for opening the account, expected transactions. They’ll verify your ID, address, etc. (cmbwinglungbank.com)
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Deposit funds Once everything is approved, you’ll deposit the initial amount as required. Then the account becomes active.
Possible restrictions / things to watch out for
- Non-Hong Kong residents (which includes those without HKID) may face extra restrictions or requirements. Some services (e.g. cheques, RMB services) have limitations. (cmbwinglungbank.com)
- RMB (Renminbi) account special rules apply if you are not a Hong Kong resident. For example, you may not be able to use RMB cheques in Mainland China; there may be caps on usage, etc.
- Sometimes banks require proof of financial standing or history (e.g. average balances, source of income). Without that, your application might be delayed or rejected.
If you want, I can check the latest policies as of right now for CMB Wing Lung and see if there are any special rules for people with Travel Permits only (no HKID). Do you want me to do that?