For this week’s show – Simon Lim here talks about Cross border payments and why Asia’s options are so painful! Tune in and find out more about all you need about banking in Asia! For full show notes, check out GlobalFromAsia.com/episode168.
The month of November has been a very informative month especially about the whole China banking situation. As we have discussed on this blog quite a bit, Chinese companies often leverage a Hong Kong business and bank account for their trading.
Today we will share some stories and make some speculations about how Chinese bank tightening affect Chinese sellers’ HK Bank Accounts
international bank account
Are you “going global” and want to “branch out” from your home country and have a “location independent” company and lifestyle? You would need an international bank account (or at least an international friendly one) to be successful and avoid a ton of issues when dealing with a local bank that isn’t sophisticated enough to deal with international business and activity.
As we talk to clients, many ask what are the downsides of owning a Hong Kong company? Today’s post is a bit opposite of what we talk about here at Global From Asia – as we are “pro Hong Kong” over and over again in various blog posts and podcast. But we want to use today as a time to … Read More
As the banks get more and more challenging in Hong Kong, many people are making sure that they have a good standing at their current banks. But what should someone do at their business to ensure their bank account stays in good standing? This blog will cover some tips for keeping your HSBC in good standing or any business bank account globally.