The latest bad news and good news about offshore bank and brokerage account opening [also includes benefits].

When God closes a door, he also opens a window.

For some well-known reason, the article about theTutorial for opening an account with an offshore Changqiao brokerage firmThe WeChat article was asked to be removed.

In addition.OCBC closes accounts for mainland China usersThe channel to block the entrance and exit of funds to Singaporean brokerage firms because brokerage firms like Longbridge Singapore are different from Hong Kong in thatCan invest in buying crypto ETF assetsThis is the easiest and most convenient way for the average layman to have access to crypto assets

Correspondingly, Hong Kong HSBC fell in order to grab this wave of potential customers, HSBC Hong Kong support mainland identity in the mainland online account! HSBC App online application can be, after the passage of 90 days to Hong Kong within the territory, through the HSBC App online activation can be, without having to go to the offline branch outlets. However, you must be in Hong Kong to activate the card, as it requires an immigration record. Overall it’s still very much more convenient than before, no need to queue up at the branch very early in the morning to make an appointment. Not yet.Open a Hong Kong bank cardThe can be put on the agenda.

Along with this, there is a very big good news to share with you. Longbridge Securities now supports the transfer of funds between Hong Kong accounts and Singapore accounts. This means that funds in Longbridge’s Hong Kong account can be transferred to Longbridge’s Singapore account – and vice versa, thus solving the problem of not having a Singapore bank card to complete the transfer of funds in and out of Longbridge’s Singapore account, and solving the problem of investing in crypto ETFs with the help of Longbridge’s Singapore account.

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The specific operation is very simple, apply for authorization directly in the APP of Longbridge (see above), wait for the review and approval can be completed, apply for two account systems in one APP, the funds are transferred to each other, and use different policies to achieve different investment behavior.

The good thing is that at present it is very convenient to go to Hong Kong to apply for a bank account, with a Hong Kong bank account, and then apply for a securities account in Longbridge Hong Kong and Singapore can be. First handle to have these pipelines and then say, lest the future policy changes to change.

For well-known reasons, if you really still have questions (including but not limited to offshore bank account opening, brokerage account opening, etc.), you can scan the QR code to add my micro-signal (tumuhk), please specify “U.S. Stocks” and I will do my best to answer your questions.

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Or you can just join the group to communicate with us.Note: The QR code for joining WeChat group is time-sensitive.)。

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