Cathay Pacific Bank

Cathay Pacific Bank fees and procedures:

Cathay Pacific Bank began operations in 1962. Its mission is to provide financial services to the growing but neglected Chinese community in the Greater Los Angeles area, becoming the first Chinese American bank in Southern California. Realizing that the community served is only a part of the overall environment, the motto adopted by the bank is: "Open the door to all customers.".

Cathay Pacific Bank has many years of history and experience, and is committed to providing various financial services to a broad range of individual and commercial users.

Currently, Cathay Pacific Bank is a wholly-owned subsidiary of the listed company Cathay Pacific Vantone Financial Holding Company (NASDAQ code: CATY), with total assets of $11.51 billion as of December 31, 2014. Its business area extends from the west coast to the east, extending to New York and eastern Massachusetts, to Seattle, Washington, in the north, and to Texas in the south;

Overseas, banks also have strongholds in the three most important business centers in the Asia Pacific region: Hong Kong, Taipei, and Shanghai. Therefore, you cannot go to the United States. Our company, relying on its own resource advantages, can 100% assist you in obtaining a U.S. account with Cathay Pacific Bank in Shanghai or Hong Kong.

Appointment Application Cathay Pacific Bank Personal or Corporate Account:

Requirements for opening an account: Make an appointment to open an account at the headquarters in the United States. The applicant shall personally verify and sign in front of the bank personnel according to the appointment time and the designated domestic branch of Cathay Pacific Bank. (Domestic outlets in Shanghai and Hong Kong)

2. Submission materials: Original and one photocopy of the applicant's passport. The company provides: company registration information, federal tax number, and the original passport of the authorized signatory.

3. Obtain materials after opening an account: online banking user name and password, bank account interest rate information, etc.

4. Transfer fee: US $12-25/transaction for local transfer in the United States; Transferred to other European cities at $25 per transaction; Remittances to Chinese Mainland usually arrive in one or two days, with a handling fee of 16 dollars per transaction, and 8 dollars per transaction in case of traditional Chinese holidays. "If the payee chooses the Bank of China, Industrial and Commercial Bank of China, or Agricultural Bank of China as the account bank in China, it can reach the payee's account directly in one day without requiring a third-party bank transfer, and there is no third-party bank charges beyond the remittance procedures.".

5. Collection and payment amount: Within a reasonable and legal range, whether it is a remittance from China to a US account or a remittance into China, it complies with the regulations and requirements of China's SAFE.

6. Account management service fee: The minimum daily deposit amount for a saving account is $300. If it is less than $3 for the current month, an account management fee will be charged; The minimum daily deposit amount for a Check Account is $1000. If it is less than that, an account management fee of $10 will be charged for the month.