The following are public client materials compiled from channels in 2026-10, not the latest uniform bank policies. Specific eligibility, fees, timeframes, and limits must be reviewed in writing before an appointment; complete materials do not equate to bank approval.
01 Account Opening Requirements and Mandatory Documents
1. Full set of registration documents for Singapore/Hong Kong/Offshore companies
2. ID cards, passports/permits of directors and shareholders, bank statements for the past three months
3. Registration documents of the affiliated company, and monthly statements for the past 6 months
4. Two sets of sales contracts, matching customs declarations, bills of lading, and bank statements reflecting fund flows (bank advice)
5. Two sets of purchase contracts, matching VAT invoices, and bank statements reflecting fund movements (bank advice)
6. KYC questionnaire
02 Account Opening Process
1. Manager preliminary review
2. Video KYC
3. Appointment for witnessing
4. Awaiting account opening
03 Processing and Witnessing Methods
Witnessing in Singapore, Hong Kong, Beijing, Shanghai, Guangzhou, Shenzhen
04 Daily limit (HKD, per original channel criteria)
No limit
05 Bank Counter / Witness Levies
None
06 Received Documents and Activation
Online Banking
07 Remarks and Account Maintenance
1. Requires parent company turnover of at least USD 10,000,000
2. Client willing to synchronize KYC or account opening at Citibank China when opening overseas 1. Daily average balance of USD 100,000 or above; otherwise, a monthly fee of USD 100 applies
2. Inward telegraphic transfer: Free
3. Telegraphic transfer (outward) 20 SGD/transaction
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.
Data Source and Review
View Existing Client Version Channel DataPlease consult Drew for actual quotes; this page reuses authorized public customer-version channel materials. Bank fees and original channel values must be reviewed according to the bank's current written terms.