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Opening Bank account in Hong Kong made simple
With over 15 years of local expertise, Tami.hk assists clients worldwide in successfully setting up bank accounts in Hong Kong.
Welcome to TAMI
At TAMI, we specialize in supporting SMEs, corporations, and financial institutions globally by facilitating the opening of bank accounts in Hong Kong, alongside assisting with correspondent banking partnerships and respondent bank onboarding processes.
Hong Kong, as a leading financial hub, presents challenges in setting up bank accounts due to strict KYC and AML regulations. This critical step in establishing a business has become more time-consuming, with detailed documentation required and the risk of application rejection causing a six-month delay in reapplication. This can result in significant time and resource loss for companies.
Our services include in-depth research on correspondent banking, introduction facilitation, and customized KYC onboarding with document and data verification through online methods and site visits. With operations in over 100 countries, we are dedicated to helping global companies efficiently navigate these complexities and secure essential banking relationships.
TAMI Mission & Vision
Our mission is to drive broad financial inclusion, specifically targeting SMEs, corporations, and developing regions, to ensure they can participate equally in the global economy through access to trade, finance, and payment systems. Recognizing the challenges these groups face, we focus on alleviating the difficulties involved in complying with stringent banking requirements, thereby facilitating smoother integration into the financial system.
The de-risking trend in correspondent banking that began in 2010 has led to significant barriers for many regions worldwide, particularly affecting a third of the global market. This trend has led to limited access to essential clearing services for trade finance and international transactions, primarily impacting smaller banks and their clients. Regions like the Caribbean, Sub-Saharan Africa, and Emerging Asia have borne the brunt of these challenges, as their financial ecosystems struggle to engage fully with global counterparts. In response, TAMI was established in 2015 with a clear objective to tackle these pressing issues head-on.
We are committed to increasing financial institutions’ awareness of different regional standards, helping them navigate these complexities more effectively. By promoting greater transparency and driving the standardization of risk assessment processes, we aim to build a more accessible and efficient financial landscape. Our initiatives focus on improving the operational capabilities of banks to better accommodate clients from all over the world, ensuring that financial services are inclusive and equitable. This commitment reflects our dedication to helping underrepresented and emerging markets thrive in the global financial ecosystem.