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 🙂
Multi-Jurisdiction Multi-Currency Accounts: What They Are and How They Save You Time and Money
We are glad to have our partners share valuable inputs on business solutions that can support small entrepreneurs in taking their businesses global. Here’s Neat bringing a new perspective on multi-currency accounts. If you’re looking to expand cross border, or already work with multiple currencies, you’ve likely looked into getting a multi-currency account for your business. While most banks offer … Read More
List of Top Banks in Malaysia
Malaysia is one of the fastest growing economies in the region – one of its economic progress’ major contributor is its innovative and growing financial sector. Today, Malaysia has 27 commercial banks, 11 investment banks, and 18 Islamic banks. Its banking sector remains well-capitalized, retains profitability, and continuously improving.
List of Top Banks in Singapore
Singapore is known as one of the best business hubs in the world. Its economic development has been rapidly growing – and one of the key drivers of its progress is their banking industry. Singapore’s banking sector has helped the country by means of facilitating trades, corporate financing and infrastructure building.
The Story of Neat Hk Developing in Hong Kong to Help the Banking Market with David Rosa and Igor Wos
GFA228. This week’s show we have a hot FinTech startup here – Neat HK – I call them a “bank” but they won’t say they are. They have been working hard on a personal and business financial services solution in HK for years and today we have 2 of the founders on the show to talk about the story and explain their solution more. For full show notes, check out GlobalFromAsia.com/episode228.
Using Paypal in the Philippines
Nowadays more and more Filipinos are opting to work online rather than tied to a physical office, this actually gives an amazing opportunity for businesses to be able to offer products and services in the global market. More and more people in the Philippines are opting to use Paypal Philippines to get paid. In case, you are recently employed and is now about to transfer your first paycheck, here are the steps on how you can withdraw your money from the PayPal site.
How to Open a Chinese Bank Account
Opening bank in China is not a hard as one would think. In case you are a foreigner or a resident of the country and needs to open either a personal or business account, the process is not that difficult. All you have to provide is your passport and do not forget to bring some money, of course. Get a few tips here.
Top ICOs In Asia
Cryptocurrencies are the hottest topic nowadays in the business industry. Last year, Bitcoin made a huge buzz by achieving a huge milestone that surprised everyone. The leading cryptocurrency has proven to all its critics its value. What are the leading initial coin offerings in Asia? Here is a list of the leading ICOs in Asia in no particular order.
Developing News – Hong Kong Banking May Get Easier & Tax Reductions For SMEs
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
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
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.
Applying for a Merchant Account (what you need)
Wondering what you need to get a merchant account approved? While it varies from financial company to financial company, you will hit the points we cover here on on your merchant account application.
Cross-Border Payment Providers Review and Comparison
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 Get an American Express Business Account in Hong Kong
Merchant accounts has been a hot topic on the Global From Asia blog. It has lead into merchants in Hong Kong being able to receive American Express credit cards. Find out more about this blog on American Express HK.
Why Banking and Payments in Asia are so Painful with Simon Lim
GFA168. 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.
What To Do Before You Go To The Bank Application
So you have the company setup, and now you are working on getting your bank account setup. So pay attention, this can save you thousands of dollars! Hopefully you read this article BEFORE you go in for your HK Bank application.
How To Open An International Bank Account
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.
Maintaining Good Status with your HSBC Hong Kong Bank Account
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.
A Great Option For Sending Chinese Yuan Direct to Your China Supplier
Are you looking to find cheaper and faster ways to send payments to your Chinese suppliers? Indeed times are a changing, and finally there are new and better ways to LEGALLY send Chinese Yuan to your Chinese supplier. Find out more how you can go about paying Chinese suppliers.
Rejected for HSBC Hong Kong? What Are Your Options?
These days we are getting flooded with emails from people getting rejected for their business bank account and are wondering what to do. Thought it was in due time to make a proper blog post about having a rejected hsbc account and what options you can take.
Why You Should Consider Opening a 2nd Bank Account
As this blog has grown more and more people have reached out to me nervous about just having 1 bank account for their Hong Kong company. They are looking to get a second bank setup. Let’s dig into why people are thinking this, and what you can do to get a second hk bank account for your business.
Bank Crackdown Continues: HSBC Checking Up on Chinese Suppliers
This is the latest in the banking tightening – Chinese suppliers seem to be getting more scrutiny from banks, specifically HSBC HK. Over the past few months, we have been covering what has been happening in the banking sector. More and more scandals of people using their business bank accounts to do drug dealing, money laundering, and acts of terrorism … Read More
Features to Look For In Your Hong Kong Bank
As the global banking system has gotten more selective and difficult, more and more people are contacting me when they got rejection letters. A lot of times this is HSBC HK as everyone goes there first. This blog will go through the various HK bank features you want, and give some other banks to look at.
Stripe Released in Hong Kong!
Finally some good news to share – Stripe has started inviting people for the Hong Kong Market. We received reports from a few readers and others that they got private beta invites, and then yesterday we confirmed by a tweet Stripe shared on their official account 香港, 你好！We're now sending out invites for our Hong Kong private beta. You can … Read More