Standard Chartered Bank of Hong Kong has recently closed the accounts of many Hong Kong companies. What are the reasons?
Standard Chartered Bank of Hong Kong recently closed the accounts of a number of Hong Kong companies for several reasons:
First: if the bank calls you and asks for an urgent reply, you do not reply within the time limit, or the information you reply is not clear, the bank may doubt whether your Hong Kong company is operating normally.
Second: your Hong Kong companyThe account has no current or very little current, or less than a year20The flow of the pen, in a sudden certain period of time there are some large funds, such as millions, millions or even hundreds of millions of funds;
Third: Your Hong Kong company does business with some sensitive countries, such as Syria, Pakistan, Iran and so on. Then, the bank will call or email the account before closing it.
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