Can I initiate the bank account opening process at the same time when I submit the application for the WMC Southbound Scheme?
Customers need to wait until the Southbound Scheme Dedicated Investment Account is successfully opened before they can apply for the general bank account.
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Questions related to "Southbound Scheme Dedicated Investment Account" Questions related to
Can Southbound Scheme handle foreign currency deposits and withdrawals?Are there any restrictions on transferring currencies in Southbound Scheme?Can funds in the Southbound Scheme Dedicated Investment Account be withdrawn in cash?How long does it take for Southbound Scheme remittances from Chinese Mainland to reach the Southbound Scheme Dedicated Investment Account? Is it real-time automatic crediting? Are there any remittance fees?Does my reference letter include information about my investments and Southbound Scheme?
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