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Hong Kong > Forums  > Hong Kong Forums  > Living in Hong Kong  > Business and Finance
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a hk personal account can receive money from oversea company account?

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Old 16-08-2007, 09:35 PM
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a hk personal account can receive money from oversea company account?

I have some business in HK, I wonder if my HK personal account can receive USD from company account oversea ? Do I have to open an company account in HK?

Thanks !
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Old 16-08-2007, 09:48 PM
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Any account in HK can receive funds from virtually anywhere. All you need is a SWIFT code and account number from your bank for the overseas party to route the transaction to you.

If you have a powervantage type acct, then the money can be kept as USD. If you don't have a multi-currency, then the bank will convert the funds at the current rate and deposit in your HKD account.
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