There are three types of bank in
Retail banks provide a selection of different account services and tiers. Savings accounts can be in US dollars, renminbi or in
Using a
Banks in
· savings and current accounts
· direct debits
· standing orders
· currency exchange
· money transfers
· insurance and investment services
Telephone and e-banking are popular in
Automated teller machines (ATMs) are abundant and located all over the city. In addition to withdrawing cash, there are ATM machines for paying bills, depositing cheques and depositing cash.
Cheques
Banks provide customers with cheque booklets with individual cheques containing standard information such as the account number, cheque number, payable to, the amount, date of issue, name and signature.
Note: Cheques are not widely accepted by merchants and retailers in
Credit cards
Banks issue a variety of credit cards with different credit limits depending on the client's credentials and annual salary.
To register for a credit card, the banks generally require the following information:
l proof of salary or salary statements for the last three months
l proof of
l proof of Hong Kong ID or passport
Debit cards
Debit cards are issued to customers with either a savings or current account. Debit cards can be used to access accounts for the withdrawal of cash in place of a credit card at some banks and ATMs.
Banking Costs
Many banks charge fees to customers for the following services:
l closing an account
l inactive bank accounts with less than HKD 2,000
l transfers
l changing standing orders
l overdraft service and fees depend on the type of account the client holds
Paying Bills
Online transfers and telephone banking are options for paying household bills through the banks. The utility companies and the
Setting up online transfers and telephone banking usually requires an instruction form and a signature. The process may take from several days to a week
Contact Us for More Details:
Tel1: (86.20); 38888181 Tel2: (86.20) 38888980; (You can inquire in English)
E-mail: webondco@gmail.com
QQ: 2850700767 Website: http://www.webond.org/
Address: Room 3305,