Hang Seng Bank Account Types

　　Hang Seng Bank offers several types of trading accounts tailored to different customer needs, including:

• 　　Simply Stock: Designed for young investors aged 18 to 30, this account features a $0 brokerage fee for trades up to HKD 300,000, with a monthly fee of HKD 30. No hidden fees are charged, and if no trades are made in a month, no monthly fee is incurred.

• 　　New Securities Account: This account is available for new customers who do not hold any securities account with the bank for the preceding six months. It provides unlimited $0 brokerage fees on HK stocks and stock connect securities for three months from account opening.

• 　　Existing Securities Account: For existing customers without US stocks buy/sell trades executed in the past six months, this account allows unlimited $0 brokerage fees on US stocks for three months.

• 　　Monthly Investment Plan for Stocks: This account allows customers to invest in stocks with a minimum monthly contribution of HKD 1,000. The first-year handling fee is waived for eligible customers.

• 　　Prestige and Preferred Banking Accounts: These accounts offer more comprehensive services, including investment solutions and wealth strategies, but require maintaining a minimum balance.

  　　

　　

Hang Seng Bank Broker Account Opening Process

　　To open a trading account with Hang Seng Bank, follow these steps:

• 　　Eligibility Check: Ensure you meet the minimum age requirement of 18 years and have the necessary identification and address verification documents.

• 　　Choose an Account Type: Decide which type of account best suits your investment needs, such as Simply Stock or New Securities Account.

• 　　Prepare Documentation: Gather required documents, which may include:

• Hong Kong Identity Card or Passport
• Proof of address (utility bills or bank statements)
• Online Application:
• For new customers, download the Hang Seng Personal Banking mobile app and select "mobile account opening."
• Fill in your personal details and submit the application.

• 　　Branch Visit: If required, make an appointment to visit a branch to complete the account opening process. Bring your identification and any additional documents needed.

• 　　Confirmation: After the application is submitted, you will receive confirmation and can start using your account once it is activated, typically within 2 to 3 working days.

　　For more detailed information, visit Hang Seng Bank.