The procedures to open a bank account can be arranged with a local or international banking institution.
Both in Hong Kong and in Singapore, if a business entity wishes to open a bank account with a local bank, the authorized signatories as well as a sufficient quorum of the company directors may either be present in front of the bank officer or arrange a teleconference in order to fulfill the specific bank requirements (kindly note that the teleconference arrangement is subject to the selected bank’s policy from time to time).
