Business customers need to provide us with a copy of the business registration letter and a declaration letter authorizing company personnel who will be processing remittances on behalf of the company. The declaration letter needs to be signed by all owners / directors of the business. Apart from these documents, company personnel authorised to process remittances will need to provide two identity documents as listed above. CityForex collects KYC information of its customers through registration, identity documentation and authority letters (for businesses only). CityForex strictly adheres to the policies and procedures set in the Anti-Money Laundering & Counter Terrorism Financing legislation set by Hong Kong Customs and Excise Department. Under the AML/CTF legislations, financial institutions and other reporting entities should have a proper understanding of their customers to satisfy their respective KYC obligations.
Independent for Customers Identifications purposes:
1. The Identityt of an individual physically present in hongkong should be verified by referenc to their Hong Kong Identity card or travel document.FIs should always identify and/or verify a Hongkong resident's identity by reference to their Hong Kong identity Card.certificate of identity or document of identity.Yhe Identiy of a non-resident should be verified by reference to their valid travel document.
2. For non-resident individuals who are not physically present in Hong Kong,FIs may identify and or verify their Identity by reference to the following documents:
a. A Valid International Passport or other travel document;or
b. A Current National(i.e. Government or State-issued)identity card bearing the photograpgh of individual: or
c.current valid national (i.e. Government or State-issued) driving license incorporating photographic evidence of the identity of the applicant,issued by a competent national or state authority.
3. Travel document means a passport or some other document furnished with a photograph of the holder establishing the identity and Nationality,domicile or place of permanent residence of the holder.the following documents consititue travel documents for the purpose of identity verification:
(a) Permanent Resident Identity Card of Macau Special Administrative Region.
(b) Mainland Travel Permit for Taiwan Residents.
(c) Seaman's Identity Document(issued under and in accordance with the
International Labour Organisation Convention /Seafarers Identity Document Convention 1958);
(d) Taiwan Travel Permit for Mainland Residents;
(e) Permit for residents of Macau issued by Director of Immigration.
(f) Exit-entry Permit for Travelling to and from Hong Kong and Macau for Official Purposes;and
(g) Exit-entry Permit for Travelling to and from Hong Kong and Macau .
4. For minors born in Hong Kong who are not in possession of a valid travel document or Hong Kong Identity Card, their Identity should be verified bt reference to the minor's Hong Kong Birth certificate. Whenever establishing relations with a minor, the identiy of the minor's parent or guardian representing or accompanying the minor should also be recorded and verified in accordance with the above requirementns
Download Individual Account Opening Form
Business customers need to provide us with a copy of the business registration letter and a declaration letter authorizing company personnel who will be processing remittances on behalf of the company. The declaration letter needs to be signed by all owners / directors of the business. Apart from these documents, company personnel authorised to process remittances will need to provide two identity documents as listed above. CityForex collects KYC information of its customers through registration, identity documentation and authority letters (for businesses only). CityForex strictly adheres to the policies and procedures set in the Anti-Money Laundering & Counter Terrorism Financing legislation set by Hong Kong Customs and Excise Department. Under the AML/CTF legislations, financial institutions and other reporting entities should have a proper understanding of their customers to satisfy their respective KYC obligations.
DOCUMENTS REQUIRED FOR CORPORATE
LIMITED COMPANY
1. CERTIFICATE OF INCORPORATION
2. DIRECTORS RESIDENCE PROOF*(TELEPHONE BILL, GAS BILL etc)
3. COMPANY FORMATION FORMS SHOWING LIST OF DIRECTORS OR COPY OF LATEST ANNUAL RETURN
4. BUSINESS REGISTRATION CERTIFICATE (B.R. COPY)
5. COPY OF UTILITY BILL (TELEPHONE/INTERNET BILL ETC.. ) FOR PROOF OF ADDRESS*(OFFICE)
6. MEMORANDUM OF ARTICLES OF ASSOCIATION
7. MSO LICENSE FROM CUSTOMS AND EXCISE DEPARTMENT (IF APPLICABLE)
8. DIRECTORS ID COPY
9. BENEFICIAL OWNERS(WITH SHAREHOLDING MORE THAN 10%) ID COPY AND RESIDENCE PROOF*
* ADDRESS PROOF TO BE WITHIN THE PAST 60 DAYS
PROPRIETORSHIP / PARTNERSHIP CO
1. PROPRIETORS/PARTNERS RESIDENCE PROOF*(TELEPHONE BILL, GAS BILL, etc.)
2. BUSINESS REGISTRATION CERTIFICATE (B.R. COPY)
3. COPY OF UTILITY BILL (TELEPHONE/INTERNET BILL ETC) FOR PROOF OF ADDRESS*(OFFICE).
4. MSO LICENSE FROM CUSTOMS AND EXCISE DEPARTMENT (IF APPLICABLE)
5. ID COPY OF PROPRIETOR/PARTNERS
* ADDRESS PROOF TO BE WITHIN THE PAST 60 DAYS
Download Additional Account Opening Form
Download Corporate Account Opening Form
Business customers need to provide us with a copy of the business registration letter and a declaration letter authorizing company personnel who will be processing remittances on behalf of the company. The declaration letter needs to be signed by all owners / directors of the business. Apart from these documents, company personnel authorised to process remittances will need to provide two identity documents as listed above. CityForex collects KYC information of its customers through registration, identity documentation and authority letters (for businesses only). CityForex strictly adheres to the policies and procedures set in the Anti-Money Laundering & Counter Terrorism Financing legislation set by Hong Kong Customs and Excise Department. Under the AML/CTF legislations, financial institutions and other reporting entities should have a proper understanding of their customers to satisfy their respective KYC obligations.
DOCUMENTS REQUIRED FOR MONEY SERVICE OPERATORS
LIMITED COMPANY
1. CERTIFICATE OF INCORPORATION
2. DIRECTORS RESIDENCE PROOF (TELEPHONE BILL, GAS BILL etc)*
3. COMPANY FORMATION FORMS SHOWING LIST OF DIRECTORS OR COPY OF LATEST ANNUAL RETURN
4. BUSINESS REGISTRATION CERTIFICATE (B.R. COPY)
5. MEMORANDUM OF ARTICLES OF ASSOCIATION
6. COPY OF LICENSE FROM CUSTOMS AND EXCISE DEPARTMENT
7. ID COPY OF DIRECTORS
8. COMPANY'S AML POLICY
9. ID COPY AND RESIDENCE PROOF*OF BENEFICIAL OWNERS (HOLDING MORE THAN 10% SHAREHOLDING)
10. AML AUDIT REPORT OR REVIEW CERTIFICATE (LATEST)
11. AML QUESTIONNAIRE DULY FILLED AND STAMPED
* RESIDENCE PROOF TO BE WITHIN THE PAST 60 DAYS
PROPRIETORSHIP / PARTNERSHIP CO
1. PROPRIETOR'S/PARTNERS RESIDENCE PROOF (TELEPHONE BILL, GAS BILL, etc)*
2. BUSINESS REGISTRATION CERTIFICATE (B.R. COPY)
3. COPY OF UTILITY BILL (TELEPHONE - GAS BILL ETC)*FOR PROOF OF OFFICE/SHOP LOCATION
4. COPY OF MSO LICENSE FROM CUSTOMS AND EXCISE DEPARTMENT
5. ID COPY OF PROPRIETOR/PARTNERS
5. COPY OF AML POLICY AND ANNUAL AML REVIEW
* RESIDENCE PROOF TO BE WITHIN THE PAST 60 DAYS
Download MSO Account Opening Form
Download MSO Overseas Account Opening Form