DBS Hong Kong now supports remote bank account opening

2025 Update

As of 2025, BBCIncorp no longer supports the opening of DBS business bank accounts. Clients seeking business banking solutions can still access a wide range of trusted alternatives through our network of international and regional banking partners.

BBCIncorp continues to assist entrepreneurs in finding suitable, compliant, and efficient banking options that match business needs across key jurisdictions. For guidance on available banking solutions or ongoing account support, please contact our support team at service@bbcincorp.com.

To give businesses more flexibility in opening a corporate bank account amid the coronavirus pandemic, DBS Hong Kong has allowed business clients to go through the due diligence process with a video conference call, instead of a physical meeting like before.

Do note that this capacity is only available for some matches of corporate and business owners’ nationality, as detailed below:

• HK company with Chinese UBO: meeting at the Great Bay Area to apply for dual account (DBS China and DBS Hong Kong)
• HK company with foreign owner: conference call, courier documents certified by CPA
• Foreign companies with HK owners: conference call, courier documents certified by CPA

Having an account in DBS Hong Kong offers a great plus for international trading, asset protection, and a multitude of investment opportunities. These benefits surely come with some initial pre-qualifying conditions for account holders that you need to keep in mind.

A typical business current account for foreign nationals requires:

• Initial deposit: HKD 1M
• Minimum balance: HKD 50k
• Fall below the fee for not meeting the average daily balance of HKD 50k: charge HKD 250 monthly

Another point worth mentioning is that no end date was set, and the bank reserves its full right to put a halt to this supporting event without prior notice to any parties.

About DBS Hong Kong:

DBS Bank (Hong Kong) Limited is a subsidiary of DBS Bank –  The Development Bank of Singapore Limited, headquartered in Marina Bay, Singapore. DBS Bank is the largest banking institution in the Asia Pacific by total assets – over S$550 billion according to its consolidated financial statement as of the end of Q2 2019. It provides a broad range of financial services i.e., consumer and corporate banking, wealth management, securities brokerage, etc. DBS Bank covers the global market with a presence in 18 countries across the globe.