A Solution for the Hong Kong Banking Nightmare? Introducing Neat – Online HK Business Banking & Connect Your Paypal/Stripe

Michael MicheliniBanking, Blog, Corporate0 Comments

Looking for a Hong Kong online business bank account that you can connect your Paypal and Stripe / Braintree merchant account to? Wouldn’t that be amazing, without the utter nightmare Hong Kong business owners are going through now begging these archaic banks to allow them to deposit their money. We know the pain and we’ve been testing so many and talking to so many about it- and today we’re talking about one we’ve been following for years – Neat HK business bank.

Developing News – Hong Kong Banking May Get Easier & Tax Reductions For SMEs

Michael MicheliniBanking, Blog, Corporate5 Comments

I’ve never been so excited – after years of frustration – I remember back in March 2016 as this banking nightmare started – seems Hong Kong regulators are loosening up. And developing news that the Hong Kong banking system may ease up with not requiring local HK residential address proof, combined with tax reductions from 16.5 to 8.25% if profit … Read More

How To Get Declined For Your HK Bank Application

Michael MicheliniBanking, Blog, Corporate3 Comments

Want to get declined for your bank account application in Hong Kong? Then you’re in the right place! Of course you don’t want to get rejected when applying for your Hong Kong business bank account, but today I want to have some fun and give you some tips on how to get a declined HK bank application.

Using HSBC HK overseas

Michael MicheliniBanking, Blog, Corporate1 Comment

All set with your Hong Kong company and HSBC bank account? Congratulations, it can be quite a feat, especially in today’s rather strict KYC – “Know your Customer” world. So after you have the bank account, you may want to make some changes. This is where it gets a bit complicated, especially if you are living and working outside of Hong Kong. Learn some tips on using HSBC HK overseas.

Cross-Border Payment Providers Review and Comparison

Michael MicheliniBanking, Blog, Corporate4 Comments

The Internet has helped global trade grow rapidly over the years; hence, most financial institutions and payment providers have developed to ease cross-border payments. Cross border payments works through financial institutions that are typically linked to send/receive money. Today, there are numerous websites that provide easier cross-border payment options.

How to Open a US Bank Account Overseas as a Non USA Citizen

Michael MicheliniBanking, Blog, Corporate9 Comments

If you’re a frequent traveler to the US, someone who plans to relocate in the US, or maybe a student who plans to take a degree in the states, opening US bank account is probably one of your things to do. It can get a bit complicated for someone who doesn’t reside in the US to do but fret not, opening a US bank account as a foreigner is still possible with preparation, proper documentation and a little bit of patience 🙂