CMB Wing Lung Bank Account Type

　　CMB Wing Lung Bank offers various types of trading accounts tailored to meet the needs of different investors. The primary account types include:

• 　　i Trade Securities Account: Designed for investors trading Hong Kong stocks through electronic channels, this account features no minimum brokerage and a brokerage rate as low as 0.15% for eligible customers. For trading warrants and callable bull/bear contracts (CBBC), the brokerage is fixed at HKD 4.88 for transactions of HKD 50,000 or below, with a maximum monthly cap of HKD 2,888.

• 　　Elderly Securities Account Service: Aimed at customers aged 60 and above, this account offers a 40% discount on service charges for the collection of dividends and a brokerage rate as low as 0.125%, with a minimum brokerage charge of HKD 50.

• 　　Margin Securities Account: This account allows for margin financing up to 70% of the market value of stocks, with interest accrued daily.

  　　

　　

CMB Wing Lung Bank Broker Account Opening Process

　　Opening a trading account with CMB Wing Lung Bank is a straightforward process. Here are the steps for different account types:

　　

1. i Trade Securities Account

• Eligibility: New customers who have not held any deposit account with the bank in the past 12 months.
• Process:
• Download the CMB Wing Lung Bank mobile app or visit the website.
• Complete the online application form for the i Trade Securities Account.
• Register for securities e-statement services at the time of account opening.
• Receive confirmation via email regarding the successful account opening.

　　

2. Elderly Securities Account Service

• Eligibility: Customers aged 60 years old or above.
• Process:
• Visit any CMB Wing Lung Bank branch with valid identification.
• Fill in the application form for the Elderly Securities Account.
• Provide necessary documentation for verification.
• Receive confirmation of account opening.

　　

3. Margin Securities Account

• Eligibility: Customers interested in margin trading.
• Process:
• Log in to personal net banking.
• Select the option for margin securities account opening.
• Complete the required information and submit the application.
• Await confirmation via email.

　　For more detailed information on account types and the opening process, you can visit the respective pages on the CMB Wing Lung Bank website.