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How to open a bank account in DBS Bank (Hong Kong) Limited

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Refuses to open an account for an unknown reason.
When scheduling an interview, in addition to the standard set of documents, they demanded to bring an office lease agreement and a business plan and indicated that both directors should be suitable for the interview.
The initial payment is 20,000 USD, of which 5,000 is the application processing fee.
At the interview, they took a standard set of documents for the company, copies of passports and proof of address, filled out a questionnaire and an application for an Internet bank. At the same time, the previously required office lease agreement and business plan were not asked for. The next stage is 7 working days, during which they must inform whether the documents are accepted for consideration or not. The personal presence of the beneficiary is not necessary, it is enough to provide a copy of the passport and proof of address by e-mail. After accepting the documents for consideration, the decision to open / not open an account is made for 2-3 weeks.
They refused to open an account without giving a reason.

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    Bank's characteristics

    General information and rating

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    Global rating Countrywide rating Countrywide rating of the head bank Global rating of the head bank Credit rating
    457 7 AA-
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    Year of foundation 1968
    History DBS Group is one of the largest financial services groups in Asia. DBS Bank was founded in 1968 in Singapore. In July 2003, DBS Kwong On Bank Limited (founded in 1938), Dao Hang Bank Ltd (founded in 1921) and Overseas Trust Bank Ltd (founded in 1955) were merged. Currently DBS Group includes more than 200 branches and subsidiaries operating in 16 countries of the world.
    Personnel The bank employs over 4,100 employees who speak English, Chinese and other languages.
    Bank’s shareholders DBS Diamond Holdings Ltd (Hamilton Bermuda) - 100%
    Confidentiality Double Taxation Agreement with Russia is signed; AML legislation is strictly observed

    Minimum requirements

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    Minimum balance, € Transactions permitted per month Initial deposit of funds, € Deadline for the initial deposit, month Minimum turnover, €/year
    26 000 1 0
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    How fast payments are executed Internet - instantly, phone, fax - 3 days

    Tariffs and services

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    Outcoming transfer, € Incoming transfer, € Account maintenance, €/year Payment limit for credit cards, €/day Funds to be blocked for CC issue, €
    35 15 440 0 0
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    Distant access to the account DBC IDEAL system (bank-client program); sending payment orders by mail; fax using code words.
    Financial products Loans, insurance, stock market, deposits
    Credit/debit cards Business Card

    Account opening procedure

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    Days to open for incoming transfers Days to open for outcoming transfers References Business description Purpose of the account
    case by case case by case Not necessary Detailed Current
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    Visit to the bank На собеседовании при открытии счета в DBC Bank должны лично присутствовать не менее 2-х директоров компании (либо 1 директор, если у компании единственный директор) и все лица с правом подписи. Они представляют документы, удостоверяющие личность, в оригинале. Присутствие в банке основных акционеров и бенефициарных владельцев для целей открытия счета не является обязательным; достаточно предоставить должным образом заверенные копии документов, удостоверяющих личность.
    Required 1. Оригинал или заверенная копия свидетельства о регистрации деятельности (Business Registration Certificate); 2. Оригинал или заверенная копия свидетельства о регистрации; 3. Оригиналы или заверенные копии форм D1, D2A, D2B, годового отчета по форме AR1, отчета о размещении акций SC1; 4. Оригинал или заверенная копия устава и учредительного договора; 5. Документ, удостоверяющий личность и подтверждение адреса проживания как минимум 2 директоров (либо 1 директора, если у компании единственный директор), всех основных акционеров (владеющих 10% и более голосующих акций компании), лиц, обладающих правом подписи по банковскому счету компании и бенефициарных владельцев. 6. Организационная схема требуется банком в случае, если один из основных акционеров, владеющих 10% и более голосующих акций компании, является юридическим лицом. Схема должна отражать юридическую связь между конечным владельцем компании – физическим лицом и акционерами — юридическими лицами.
    Types of accounts Personal; Corporate; Current
    Opening procedure and Due Diligence It is possible to open an account without visiting the country where the bank is located; It is possible to open an account without meeting the banker
    Chances to open an account Predictable
     
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