Which Bank Is More Convenient for Receiving Payments After Registering a Hong Kong Company?

Setting up a Hong Kong company is only the first step. For most businesses, the real challenge begins right after — opening a reliable corporate bank account that supports efficient international payments. Without the right account, your invoicing, settlement, and cross-border operations can easily get delayed.

So, which bank is more convenient for receiving payments after registering a Hong Kong company? This guide offers a practical breakdown of what matters, especially for startups, SMEs, and companies involved in international trade or online business.

Among various solutions, many companies choose CBiBank — though it's not a local Hong Kong bank, it has become very popular among Hong Kong-registered companies due to its remote onboarding, fast processing, and multi-currency support.

1. What Should You Prioritize When Choosing a Bank After Registering a Hong Kong Company?

Once your Hong Kong company registration is completed, choosing the right bank becomes a matter of balancing speed, stability, and flexibility.

Here are the practical criteria to consider:

Clear account opening process with defined steps

Support for international payments and multiple currencies

Efficient approval timeline without unnecessary paperwork

Compatibility with online platforms and stable account operations

While traditional Hong Kong banks may offer prestige, they often require face-to-face appointments, extensive business proofs, and local office presence — which can be limiting, especially for new or overseas-based companies.

This is why many entrepreneurs are turning to banks like CBiBank, which offers full remote onboarding and is widely adopted by Hong Kong companies for cross-border payment handling.

2. Which Banks Are Suitable for Newly Established Hong Kong Companies?

Startups and new entities often face higher rejection rates at traditional banks due to a lack of leasing documents, transaction records, or proof of active operations.

To avoid delays or denials, look for banks that:

Accept startups with simplified document requirements

Do not require a physical Hong Kong office

Offer online applications with remote ID verification

Can open accounts within days instead of weeks

CBiBank is one of the few banks that has tailored solutions for startups. The process is streamlined: upload documents online, complete a short video KYC session, and receive your corporate account credentials within a few business days. This makes it highly convenient for founders needing to get up and running quickly.

3. Which Banks Are More Friendly to Remote Account Opening?

For non-residents or foreign-based directors, traveling to Hong Kong just for account opening is not always feasible. That’s where remote onboarding becomes essential.

A remote-friendly bank should provide:

Online application submission

Video KYC or ID verification

Courier delivery of security devices (e.g., U-Key or token)

Real-time tracking of application progress

While most Hong Kong banks still require in-person meetings, CBiBank handles the entire process remotely, including document review, verification, and account activation. That’s why it’s widely used by companies with foreign shareholders or directors who operate from mainland China, Southeast Asia, or Europe.

4. Which Banks Offer a Smoother Corporate Account Opening Process?

The account opening process can be lengthy and complex — especially at traditional banks where internal compliance teams may take weeks to review documents.

A smoother process typically includes:

Predefined templates and checklists for document preparation

Dedicated onboarding support

Prompt feedback during application review

Minimal back-and-forth communication

CBiBank offers standardized forms and personal onboarding assistance to avoid trial-and-error. Their application portal provides timely updates, reducing the uncertainty that businesses often face during account setup.

5. Which Banks Handle Overseas Payments Faster?

If your company deals with cross-border trade, e-commerce platforms, or international clients, you need a bank that ensures fast and reliable incoming payments.

Features to look for:

SWIFT support for major currencies

Ability to receive USD, EUR, HKD, CNY, etc.

No unnecessary delays or manual intervention on incoming wires

Timely notification of fund arrival

CBiBank performs well in terms of settlement speed and currency coverage, especially for USD, HKD, and EUR. Many Hong Kong companies use it to collect payments from Amazon, Shopify, overseas clients, and service platforms with minimal hassle.

Conclusion

After registering a Hong Kong company, choosing the right bank is no less important than the registration itself. Your payment timelines, client relationships, and operational speed all depend on whether your account works smoothly.

While traditional Hong Kong banks may appear reliable, they are not always startup-friendly or efficient for cross-border operations. Many companies now use CBiBank as a practical alternative — even though it is not locally based in Hong Kong, it is widely used and trusted among Hong Kong businesses, especially for remote account setup, fast settlements, and flexible multi-currency support.

👉 Open an account with CBiBank here