China CITIC Bank account opening materials

1. ID cards of directors, major shareholders, and signatories

2. Hong Kong Certificate of Incorporation, Business Registration Certificate, Incorporation Form (NNC1) / Annual Return (NAR1)

3. Customer's bank statements for the last 3 months (minimum balance $100,000 HKD, bank statements or other proof of deposit supported; if providing bank statements, a balance of 500,000 HKD for at least the last half month is sufficient, amounts under 500,000 HKD can be attempted)

4. Social-security records for current employment (relevant industry, past 6 months)

5. Letter of Intent

6. Phone numbers and emails of shareholders (holding over 25%), directors, and signatories

7. Company Correspondence Address

1. Preliminary review with complete information

2. Appointment for witnessing (one week)

3. Bank approval (2 weeks)

4. Account opening completed

Hong Kong

Registered 20,000,000

Unregistered 5,000,000

1,500 HKD (currently witnessing in Hong Kong can apply for a waiver; any changes will be notified separately)

Security Token

1. Bank search fee HKD 1,500 (currently waiver can be applied for via Hong Kong witnessing; any changes will be notified separately)

2. Management fee waiver

3. Inward telegraphic transfer: HKD 60 per transaction

4. Telegraphic transfer (outbound) 150 HKD per transaction

5. Unlimited transfer limit

Bank fees and account requirements (if any) are for channel reference as of 2026-10 only and are not uniform bank policies; subject to written notice from the bank.

Channel information compiled as of 2026-10, not a uniform bank policy; subject to written notice from the bank.