How to Fix a Suspended or Frozen HK Bank Account
April 8, 2020 by Mark Wong
Each year, many Hong Kong companies have their bank account or business account frozen, suspended or closed.
But whatever the reason, having your company bank account closed or frozen is simply a nightmare.
In most cases you will not be able to withdraw your funds.
You will simply receive a bank cheque that can only be credited to another bank account in the name of your company.
Obviously, this is a chicken and egg problem if your company does not have another bank account in Hong Kong.
And when you try to contact the bank for other options, there will be no answer and your money will be stuck forever.
Many companies finally give up, their money stays with the bank and is basically lost.
If you are in this situation, we can help. There is a solution.
We have helped many Hong Kong companies get their funds returned by the bank to their directors or shareholders.
We are successful most of the time. You have nothing to lose.
If you work with us, we will only invoice you if and when you get the funds back.
We only charge a small percentage of the funds you recover.
So, if you have a Hong Kong company with a closed, suspended or frozen bank account, please contact us at [email protected] and we will take it from there.
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