Application documents
1. Complete registration documents for the Singapore/Hong Kong/offshore company 2. Directors' and shareholders' identity cards, passports/travel permit for Hong Kong and Macao, and bank statements for the past three months 3. Related company's registration documents and bank statements for the past six months 4. Two sets of sales contracts, supported by customs declarations, bills of lading, and bank statements showing fund transfers (bank receipts) 5. Two sets of purchase contracts, supported by VAT invoices and bank statements showing fund transfers (bank receipts) 6. KYC questionnaire
Estimated processing time
12 weeks
Channel process
1. Manager's review 2. Complete the application form after passing the initial review 3. Have the signature form witnessed by a lawyer and send it to Singapore by post 4. Await approval 5. Account opened
Witnessing / in-person interview arrangements
Domestic branch or lawyer witnessing
Transfer limit
Manager, depending on the customer’s specific circumstances
Indicative counter/witnessing fees
No information was provided in the original channel materials; please refer to the bank’s written notice.
After account opening
No information was provided in the original channel materials; please refer to the bank’s written notice.
Account information and bank fees
Any bank fees and account requirements are for channel reference only for 2026/10; they are not universal bank policy and are subject to written notification from the bank.
Service pricing
CNY 19,500
Prices are subject to the latest quote from Drew at Rengangyongsheng.
Conflicts and limitations to note
- The original table does not provide information about counter service fees; this is pending supplementation or subject to the bank’s written notice.
- The original table does not provide information about documents to be received; this is pending supplementation or subject to the bank’s written notice.
- Channel information compiled in 2026-10; not a uniform bank policy. Refer to the bank’s written notice.