Hassle-free banking for busy expats
From saving to wealth planning, Standard Chartered looks after the financial well being of those working away from home.
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Expat life 101
It all begins with opening your local bank account.
Opening a bank account is one of the first few things you ought to do after arriving in Hong Kong, especially if you’re planning on staying for a while.
To receive your salary, you’ll need to have a local bank payroll account for your employer to transfer money into. If you’re going to rent a flat, most landlords don’t like being paid in cash. You’ll either have to write a cheque, or transfer rental fees to them each month. It’s a lot easier to do this from a local bank account.
You might have heard from friends that opening a bank account in Hong Kong as an expat is a lengthy and frustrating process. But that’s not always the case, as long as you’ve got the right bank with expat-friendly services, and have all required documents ready before application.
